Zip 36618 (Mobile, AL) Housing

The housing market in Mobile, AL (36618) is currently flourishing. The median value of a house in the area is $158,900, significantly lower than the US median at $338,100. In addition, the 1 year house appreciation rate for this region is even higher than the US average at 9.89%, indicating strong and consistent growth in the area's housing market. This is great news for those looking to buy or invest in real estate in Mobile, AL.

The median home cost in Mobile (zip 36618) is $158,900. Home appreciation the last 10 years has been 67.7%. Home Appreciation in Mobile (zip 36618) is up 13.2%.

Average Age of Homes

- The median age of Mobile (zip 36618) real estate is 39 years old

The Rental Market in Mobile (zip 36618)

- Renters make up 17.0% of the Mobile (zip 36618) population
- 0.3% of houses and apartments in Mobile (zip 36618), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mobile, Alabama	United States
	7,281.0	139,647,020.0
	42	42
	$158,900	$338,100
	13.2%	16.6%
	55.2%	57.0%
	67.7%	101.1%
	$5.63	$10.98
	$657	$2,690
	68.5%	57.4%
	6.6%	11.2%
	24.9%	31.4%
Vacant Housing
	0.3%	1.9%
	0.4%	0.4%
	2.3%	0.7%
	0.6%	0.4%
	0.0%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	3.2%	2.6%
	2.3%	2.4%
	5.2%	2.8%
	10.9%	3.9%
	16.6%	4.5%
	28.6%	11.3%
	15.2%	13.0%
	10.8%	20.1%
	6.2%	13.6%
	0.0%	8.3%
	0.8%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.4%	13.6%
	10.4%	13.6%
	7.8%	13.6%
	23.0%	13.2%
	26.0%	14.8%
	7.8%	13.6%
	8.6%	10.0%
	2.2%	4.7%
	2.4%	12.2%

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