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Is Mobile, AL 36603 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Mobile is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list91.2%Sold price ÷ list price
Median days on market102Listing to accepted offer
Median price per sq ft$68▼ −44.3% vs. last year

The Mobile housing market right now

In the three months ending August 31, 2026, 0% of homes in Mobile, AL 36603 sold above their list price, the typical home went under contract in 102 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 12 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (248 days then) and the median sale price fell 62% to $86,463. Overall, Mobile is more competitive than a year ago, so tougher for buyers.

Within Mobile County, homes here sell more slowly, and 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 36603

Prefilled for 36603Can I win this house?Multiple-offer likelihood for a listing Prefilled for 36603Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

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 Mobile nearby

Find towns like Mobile in other states →
Mobile, AL36610 · 3 miles away65% similarcheaper homes ($52K less) · more homeowners Pascagoula, MS39581 · 36 miles away65% similarpricier homes ($44K more) · younger residents Mobile, AL36611 · 6 miles away53% similaryounger residents · more homeowners Mobile, AL36605 · 4 miles away52% similarlarger · more homeowners

Where Mobile is

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Questions about Mobile real estate

Is Mobile a buyer’s or seller’s market?

A balanced market: there were 4 months of supply in Mobile, AL 36603 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 Mobile?

The typical home went under contract in 102 days in the latest three months.

Do homes in Mobile sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 91.2% of the list price.

What are property taxes in Mobile?

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 Mobile?

The median sale price was $86,463 in the three months ending August 31, 2026, about $68 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