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Market Analysis and Community Info for Mobile, AL 36608

By
Real Estate Agent with The Cummings Company 95548

Market Analysis for Mobile, AL 36608

Price Trends - Sold vs. Listed

Blue: Median Listing Price   Green: Median Sold Price

Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).

By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

 

Market Inventory Trends

The number of active listings in Mobile (36608) dropped by 6.4% from the previous month.

The median number of days active properties have been listed is 97.

The number of sales in June dropped by 58.3% from the previous month.

 

Property Ownership

The percent of unoccupied properties is very low in Mobile (36608) . It is -8.9% below the national average.

The percent of rental properties in Mobile (36608) is 19.24% above the national average which is typical for urban areas.

 

Additional Statistics for Single Family Homes and Condos in Mobile, AL 36608

$202,190
Median Listing Price
97
Median Days on Market
312
Active Listings
9.3%
Distressed Listings
(foreclosures and short sales)

 

Community Info for Mobile, AL 36608

 

Income by Household

Median household income in 36608 is $47,766 with 657 households earning between $35,000 to $40,000 annually.

Income levels are listed along the left side of the chart, and the number of households are displayed along the bottom.  

 

Education: Highest Level Attained

For the zip 36608, 23.05% of the people have completed a bachelors degree as their highest education level.

 

Crime Risk

The Crime Risk Index compares the likelihood of different crimes happening within this community to the national average.

The national average for each type of crime equals a score of 100.

A score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk.

 

Weather Risk

Weather Risk shows you the different kinds of extreme weather in an area, based on historical storm events and weather patterns.

The national average for each type of weather event equals a score of 100.

A score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk.

 

Additional Statistics for Mobile, AL 36608

33
Median Age
32%
Married
14,879
Number of Homes
4,572
Homes with Children

 

To compare Mobile, AL 36608 with another Zip Code follow the link:

Mobile, AL 36608 vs. ?