Market report · AL

Mobile, AL

Balanced's market

Cash-flow-friendly fundamentals: 7.9% gross rent yield and 58% of sales closing below list make Mobile a steady BRRRR and rental market.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

$197k
Typical home value
↑3.5%
-1.7%
YoY change
$1,301
Median rent
↑12.9%
7.92%
Gross yield
24
Median DOM
77/100
MDR score
Detail Value Detail Value
Median list price $250,088 Median sale price $209,667
Sale-to-list ratio 0.984 % sold below list +57.5%
Active inventory 1,054 New listings 296
Trends · 36-month series

How Mobile has moved.

Typical home value $190k → $197k · ↑3.5% (36mo)
$190k $194k $197k $201k May 23Nov 24Apr 26
Median rent (ZORI) $1k → $1k · ↑12.9% (36mo)
$1k $1k $1k $1k May 23Nov 24Apr 26
Median days on market 35d → 24d · ↓32.4% (36mo)
24d 27d 31d 35d Feb 26Mar 26Apr 26
Sale-to-list ratio 0.982 → 0.984 · ↑0.2% (36mo)
0.980 0.982 0.983 0.984 Jan 26Feb 26Mar 26

Mobile sits at a median home value of $197,044 as of the latest Zillow read, essentially flat year-over-year, which historically is the most workable environment for disciplined wholesalers.

The sale-to-list ratio of 0.984 signals a balanced market — neither bid wars nor fire sales dominate. 57.5% of closings land below list, leaving room to negotiate on the right deal but no broad discount across the board.

Rents tell a stronger story. The Zillow Observed Rent Index for Mobile is $1,301/mo against a $197k median — that’s a 7.92% gross annual rent yield, well above the national 4-5% baseline. BRRRR and long-term rental strategies have real cushion here.

Median days-on-market is running around 24 days against 1,054.333 active listings — that’s a fast-moving market. Speed is the moat; pre-arranged proof of funds and a tight buyers list are the difference between getting under contract and getting outbid.

MDR’s composite investor score for Mobile is 77/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. That puts it in our top tier — actively recommended for new capital deployment this cycle.

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FAQ

Mobile for investors.

Is Mobile a good market for real estate investors in 2026?

Metro Deal Report's composite investor score for Mobile is 77/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. That puts Mobile in our top tier — actively recommended for new capital deployment this cycle.

What is the median home price in Mobile?

The typical home value in Mobile as of the most recent Zillow read is $197,044. Median list price is $250,088 and median sale price is $209,667. Year-over-year change: -1.7%.

What can a landlord expect to rent a property for in Mobile?

Zillow's Observed Rent Index for Mobile is $1,301/mo. Against the typical home value of $197k, that produces a gross annual rent yield of 7.92% — above the national 4-5% baseline, supportive of BRRRR and long-term rental strategies.

Is Mobile a buyer's or seller's market?

Mobile's current sale-to-list ratio is 0.984 with 57.5% of homes closing below list. That's a balanced market — neither side dominates. Median days on market: 24 days. Active inventory: 1,054 listings.

Which investment strategy works best in Mobile?

Mobile's data favors BRRRR and long-term rentals — strong gross yield with stable to appreciating prices. See the per-strategy breakdowns at /wholesaling/mobile, /brrrr/mobile, and /flipping/mobile.

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