Is Mobile, AL 36605 a buyer’s or seller’s market?

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

Mobile is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score36/ 100

More competitive than 34% of U.S. ZIP codes, and #96 of 249 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.6Under 4 months = seller’s market
Sold above original list16.3%Share of sales, last 3 months
Median sale-to-list92.7%Sold price ÷ list price
Median days on market17Listing to accepted offer
Median price per sq ft$99▲ +2.4% vs. last year

The Mobile housing market right now

In the three months ending August 31, 2026, 16% of homes in Mobile, AL 36605 sold above their list price, the typical home went under contract in 17 days and there were 4.6 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 50 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (18% then), homes sold faster (54 days then) and the median sale price rose 8% to $119,948. Overall, Mobile is more competitive than a year ago, so tougher for buyers.

Within Mobile County, homes here sell faster than in 94% of the county’s ZIP codes, and sell more often over asking than in 52%. On our competition score, Mobile ranks #96 of 249 AL ZIP codes with enough sales (score 36 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.

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 →

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 4.6 months of supply in Mobile, AL 36605 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 17 days in the latest three months.

Do homes in Mobile sell over asking?

16% of homes sold above their original list price, and the typical sale closed at 92.7% 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 $119,948 in the three months ending August 31, 2026, about $99 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