Is Coden, AL 36523 a buyer’s or seller’s market?
Coden is a seller’s market. With about 3.9 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Coden housing market right now
In the three months ending August 31, 2026, 0% of homes in Coden, AL 36523 sold above their list price, the typical home went under contract in 45 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (61 days then) and the median sale price fell 49% to $234,898. Overall, Coden is more competitive than a year ago, so tougher for buyers.
Within Mobile County, homes here sell faster than in 52% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Mobile 36619 (33% sold over asking) and Wilmer 36587 (30% sold over asking) are even more competitive.
Run the numbers for 36523
Nearby markets
Axis 36505Buyer’s market $175 /sq ftBayou La Batre 36509Balanced $112 /sq ftChunchula 36521Balanced $148 /sq ftCitronelle 36522Buyer’s market $113 /sq ft Browse all markets →Towns like Coden nearby
Find towns like Coden in other states →Where Coden is
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Questions about Coden real estate
Is Coden a buyer’s or seller’s market?
A seller’s market: there were 3.9 months of supply in Coden, AL 36523 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Coden?
The typical home went under contract in 45 days in the latest three months.
Do homes in Coden sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.
What are property taxes in Coden?
About 0.47% of a home’s value a year in Mobile County, or roughly $1,880 on a $400,000 home.
What is the median home price in Coden?
The median sale price was $234,898 in the three months ending August 31, 2026, about $204 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology