Explore Mobile, AL - Market Insights, Demographics, Crime, Trends & Hotspots

Pulse Score
C+
Cap Rate
2%
Investor Friendly Score
52%
Median Price
$240,000

Market Insights

The housing market in Mobile continues to see strong price appreciation, with values up 26.3% compared to last year. Home prices have increased 15.4% in the past month alone. With 3.9 months of supply, Mobile's inventory levels remain relatively tight. Homes are taking about 35 days to sell, which is 7 days longer than this time last year. A significant 35.6% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 24.7% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Mobile market with the affordability index at 8.6. Based on current market indicators, home prices in Mobile are projected to decrease by approximately 20.9% over the next month.

Demographics market for - Mobile, AL

Total Population -

187,853

White Population

44%

Black Population

52%

Mexican37% (1% of total population)
Puerto Rican16% (0% of total population)
Cuban7% (0% of total population)
Dominican3% (0% of total population)
Salvadoran2% (0% of total population)
Costa Rican2% (0% of total population)
Gautemalan13% (0% of total population)
Honduran2% (0% of total population)
Nicaraguan7% (0% of total population)
Panamanian1% (0% of total population)
Argentinean2% (0% of total population)
Bolivian0% (0% of total population)
Chilean1% (0% of total population)
Colombian2% (0% of total population)
Ecuadorian2% (0% of total population)
Peruvian1% (0% of total population)
Uruguyan0%
Venezuelan3% (0% of total population)

Indian 12% (0% of total population)
Bangladeshi 0%
Chinese 11% (0% of total population)
Bhutanese 0%
Burmese 1% (0% of total population)
Filipino 10% (0% of total population)
Hmong 0%
Indonesian 1% (0% of total population)
Japanese 3% (0% of total population)
Korean 6% (0% of total population)
Laotian 2% (0% of total population)
Malaysian 1% (0% of total population)
Mongolian 0%
Nepalese 0%
Pakistani 4% (0% of total population)
Srilankan 0%
Taiwanese 0%
Pakistani 4% (0% of total population)
Srilankan 0%
Taiwanese 0%
Thai 1% (0% of total population)
Vietnamese 19% (0% of total population)

Hawaiian0% (0% of total population)
Samoan0%
Chamorro0%
Fijian0% (0% of total population)
Marshallese0%

Crime for - Mobile, AL

Motor Vehicle Theft9%
Stolen Property Offenses10%
Burglary/Breaking & Entering19%
Larceny/Theft Offenses49%
Destruction/Damage/Vandalism of Property14%

Homicide Offenses88%
Homicide Offenses12%

Counterfeiting/Forgery13%
Arson4%
Fraud Offenses78%
Bribery2%
Embezzlement4%

Sex Offenses, Non-forcible11%
Kidnapping/Abduction11%
Kidnapping/Abduction29%
Sex Offenses50%

Assault Offenses100%

Robbery100%

Real Estate Market Prediction for - Mobile, AL

City Hotspots

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Nearby Cities From- Mobile, AL

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