Mobile, AL

Metro area in Alabama · Updated Jan 2026

12-Month Forecast ↑ +0.4%

Median Home Value

$186,610

↓ -1.8%

Year-over-year

Median Rent

$1,253/mo

↑ +3.6%

Year-over-year

Rental Yield

8.1%

Excellent for investors

5-Year Appreciation

+27.9%

Income Needed to Buy

$50,652

20% down, 30% DTI max

Active Listings

1,647

For-sale inventory

Price-to-Rent Ratio

12.4

Favors buying

Price Forecast

1 Month

↑ +0.2%

3 Months

↑ +0.7%

12 Months

↑ +0.4%

5-Year Price Trend

Calculate your mortgage for Mobile, AL

See monthly payments for a $186,610 home →

Should you rent or buy in Mobile, AL?

Price-to-rent ratio: 12.4x — Buying likely wins. Run a full breakeven analysis with Mobile, AL numbers pre-filled →

Frequently Asked Questions