Is Mobile, AL 36606 a buyer’s or seller’s market?
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.
More competitive than 41% of U.S. ZIP codes, and #74 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
The Mobile housing market right now
In the three months ending August 31, 2026, 19% of homes in Mobile, AL 36606 sold above their list price, the typical home went under contract in 32 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 72 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold about as fast and the median sale price fell 12% to $184,920. Overall, Mobile is more competitive than a year ago, so tougher for buyers.
Within Mobile County, homes here sell faster than in 81% of the county’s ZIP codes, and sell more often over asking than in 65%. On our competition score, Mobile ranks #74 of 249 AL ZIP codes with enough sales (score 42 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.
Run the numbers for 36606
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 →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 36606 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 32 days in the latest three months.
Do homes in Mobile sell over asking?
19% of homes sold above their original list price, and the typical sale closed at 97.5% 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 $184,920 in the three months ending August 31, 2026, about $132 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