36613
Mobile, Alabama

The Mobile 36613 market recorded a median sale price of $177,450 as of February 2026, representing modest year-over-year appreciation of 1.4% that barely outpaces inflation. Homes are averaging 78.5 days on market, indicating neither urgency nor stagnation in buyer activity. With just 27% of properties selling above list price, sellers hold limited pricing power, and the market shows characteristics of equilibrium rather than momentum in either direction.

This environment favors patient buyers with financing already secured who can leverage the 78.5-day average marketing period to negotiate. The sub-30% above-ask rate suggests room for offer negotiations, particularly on properties exceeding two months of market exposure. Primary residence buyers benefit more than investors, as the 1.4% annual appreciation provides minimal speculative upside while the median price point remains accessible for owner-occupants seeking affordable entry into homeownership.

The PropIQ score of 75 signals neutral conditions with monitoring required, suggesting neither breakout growth nor correction risk in the immediate term. Price appreciation tracking at 1.4% indicates the market could flatten if mortgage rates rise or inventory increases beyond current absorption rates. Watch for changes in days-on-market velocity and above-list percentages as leading indicators—any movement below 25% selling above ask or DOM extending past 85 days would confirm softening momentum.