Is Mobile, AL 36604 a buyer’s or seller’s market?

The Mobile housing market right now

In the three months ending August 31, 2026, 13% of homes in Mobile, AL 36604 sold above their list price, the typical home went under contract in 39 days and there were 4.8 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 39 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 9%, homes sold faster (68 days then) and the median sale price fell 18% to $254,890. Overall, Mobile is more competitive than a year ago, so tougher for buyers.

Within Mobile County, homes here sell faster than in 68% of the county’s ZIP codes, and sell less often over asking than in 61%. On our competition score, Mobile ranks #113 of 249 AL ZIP codes with enough sales (score 34 out of 100).

Nearby, buyers who want less competition could look at Mobile 36612 (0% sold over asking) or Mobile 36607 (0% sold over asking), while Mobile 36619 (33% sold over asking) and Wilmer 36587 (30% sold over asking) are even more competitive.