Mobile, AL Real Estate Market Update – Summer 2025

August 11, 2025

Mobile, AL Real Estate Market Update – Summer 2025


Whether you're buying your first home, selling your current one, or simply keeping an eye on the market, there’s a lot happening in Mobile, Alabama real estate this summer.

From rising home prices to longer days on market, the dynamics are shifting; but, they’re not stalling. Let’s break down exactly what’s going on, and what it means for you in today’s market.


At a Glance – Mobile Market by the Numbers

As of June 2025, the Mobile real estate market is showing steady growth, according to data from Redfin, Rocket Homes, and Realtor.com. In the City of Mobile, the median sale price has risen to $212,000, an 8.7% increase year-over-year, with homes spending about 37 days on the market, up from 28 days last year. The price per square foot currently averages $129. Across Mobile County, the median sale price is $235,000, reflecting a 4.0% annual increase, with properties staying on the market for around 43 days (up from 29) and a price per square foot of $139. For comparison, the Alabama state average for listed homes is $258,900, up 3.6% year-over-year, with an average of 45–50 days on the market and a price per square foot of $143. Nationally, the U.S. median sale price reported by the National Association of Realtors stands at $435,300, a 2.0% increase from last year, with homes averaging 44 days on the market.

 

Buyers: More Inventory, Less Frenzy

The summer market is giving buyers in Mobile some breathing room. While home values are still climbing, they’re not skyrocketing like they were during the pandemic peak. And with homes sitting a bit longer, you’ve got more leverage when it comes to negotiation.


  • More choices: Active inventory is up, with over 1,100 listings available in the Mobile area (Zillow).
  • More time to think: Homes are spending an average of 37–43 days on the market, compared to 28–29 days last year.
  • Less competition: About 25–27% of homes are still selling over list price, but that’s down from the bidding wars of recent years.
  • Local lending options: Programs like down payment assistance, VA, and FHA loans are giving first-time buyers more flexibility despite higher mortgage rates (currently ~6.6%–7%).

Sellers: Still Strong, But Strategy Matters

If you’re selling a home in Mobile, it’s still a favorable market; but, not a “list high and hope” kind of market. Buyers are more cautious, and overpriced homes are sitting. According to Business Insider, many sellers across the South are pulling listings if they don’t get the offer they want.

Here’s what works in Mobile this summer:


  • Price right from day one — homes that sell fast are priced competitively from the start.
  • Small, updated homes are performing best — especially in the city, where buyer demand is stronger.
  • 4+ bedroom homes are appreciating more slowly — they require sharper pricing to move.
Want your home to stand out? Clean curb appeal, pre-listing repairs, and professional photography still make a difference.

 Investors: Mobile Stays Hot on the Radar

Alabama is making national headlines for being an investor hot spot in 2025. According to Axios, Alabama had the highest percentage of investor home purchases in the U.S. in Q1 2025—accounting for nearly 11% of all transactions.


Mobile in particular is attractive for:

  • Low entry prices: Median investor purchase price in AL is ~$151K
  • High rental demand: Steady tenant base thanks to universities, military presence, and shipyard jobs
  • Room for appreciation: Mobile’s growth remains consistent, especially in city limits and surrounding unincorporated areas

Whether you’re considering a duplex, flip, or long-term rental, this is still a market worth watching.

What’s Next: Market Outlook Through Fall 2025

Looking ahead, real estate analysts at Norada and Redfin are projecting modest growth, but not a downturn. Here's what to expect:


  • 2%–2.5% price appreciation projected for Mobile metro through October
  • Inventory likely to increase, especially if more sellers re-list this fall
  • Rates likely to stay in the 6.5%–7% range, unless inflation shifts dramatically
  • Southeast markets like Mobile expected to stay strong due to affordability compared to national averages
Bottom line: This isn’t a crash. It’s a correction and stabilization, and it favors buyers who are prepared and sellers who are realistic.

Sources:

  • National Association of REALTORS® (NAR)
  • Redfin Local Market Reports – Mobile AL
  • Rocket Homes Market Report – Mobile County
  • Zillow Home Value Index (ZHVI)
  • Realtor.com Mobile AL Trends
  • FRED (Federal Reserve Bank of St. Louis)
  • Axios – Alabama Leads U.S. in Investor Sales
  • Business Insider – Sellers Delisting Instead of Cutting Prices
  • Norada Real Estate – Market Forecasts

✅ Final Takeaways

Mobile’s real estate market is stable and growing, just at a more manageable pace. If you’re thinking about making a move this year, here's what to consider:


  • Buyers: You have more time, more choices, and more power. Make sure you’re pre-approved and ready to act when the right one comes up.
  • Sellers: The demand is still there, but only for well-priced and market-ready homes. Don’t overprice and wait. Price it right and sell with confidence.
  • Investors: Mobile is still affordable and appreciating. Don’t sleep on rental-ready homes and light fixer-uppers.

Let’s Talk Real Estate in Mobile

Whether you're buying, selling, investing, I'd love to help you make the most of this market.

✅ Want to know your home’s real market value?
✅ Need help navigating financing or down payment options?
✅ Ready to tour homes or prep your house for sale?

Call or text me today (972) 626-4311. I’ll give it to you straight, backed by real numbers.


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