The housing market in Mobile, AL (36617) is a great option for potential homeowners. The median value of housing in the area is $68,700 which is significantly lower than the United States median house value of $338,100. In the past year, houses have appreciated by 9.89% in Mobile, AL compared to 8.27% nationally. This makes Mobile an attractive option for those looking to invest in real estate as it offers more potential for appreciation than other areas nationwide.
The median home cost in Mobile (zip 36617) is $68,700. Home appreciation the last 10 years has been 67.7%. Home Appreciation in Mobile (zip 36617) is up 13.2%.
Average Age of Homes
- The median age of Mobile (zip 36617) real estate is 53 years old
The Rental Market in Mobile (zip 36617)
- Renters make up 32.5% of the Mobile (zip 36617) population
- 0.3% of houses and apartments in Mobile (zip 36617), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.