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Central Business District Chruch Street East Historic District (Church St E) Downtown Mobile (Downtown) Lower Dauphin Street (Lower Dauphin St.)

MOBILE, AL 36602

Real Estate Market Report  ·  Mobile County
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 36602

Central Business District · Chruch Street East Historic District (Church St E) · Downtown Mobile (Downtown) · Lower Dauphin Street (Lower Dauphin St.)

Market Analysis

Data as of February 2026. Source: Realtor.com.

The MOBILE, AL real estate market (36602) currently shows 12 active listings, with 3 pending sales. Homes are averaging 90 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 90 days on market compared to 87 days last year.

The median listing price has fallen 18% year-over-year, from $400,000 to $328,175.

Whether you are buying or selling in MOBILE, AL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 928  ·  Density: 91.3/mi²  ·  Median household income: $30,795

Typical home value: $240,965  ·  Homeownership: 21.6%

Market Overview

Active Listings
12
⇧ 9.1% vs 11 last year
Pending
3
25% pending ratio
Median Price
$328,175
⇩ 18% vs $400,000 last year
Average Price
$362,284
⇩ 23.6% vs $474,132 last year
Days on Market
90
⇧ 3.4% vs 87 days last year

Price Per Square Foot

Median $/sqft
$227
⇧ 3.7% vs $219/sqft last year
Median Home Size
1,460 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 11 last year
  • Days on market: 90 now vs 87 last year

Median & Average Pricing

Year over Year
  • Median: $328,175 (-18% YoY)
  • Average: $362,284 (-23.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.4 miles — 1,101 listings ($382,952,971 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
36602Mobile, AL 366020.0 mi14$5,090,400$342,400$363,600
36604Mobile, AL 366042.1 mi62$21,084,712$299,165$340,076
36617Mobile, AL 366173.6 mi16$1,515,488$80,600$94,718
36606Mobile, AL 366064.5 mi108$23,001,300$195,000$212,975
36612Mobile, AL 366125.8 mi14$1,517,978$125,000$108,427
36609Mobile, AL 366097.9 mi80$19,684,720$234,000$246,059
36618Mobile, AL 366188.4 mi57$13,635,768$210,000$239,224
36572Satsuma, AL 3657211.0 mi25$6,583,325$242,000$263,333
36613Eight Mile, AL 3661311.6 mi33$5,722,002$170,000$173,394
36526Daphne, AL 3652612.1 mi296$135,986,840$368,700$459,415
36590Theodore, AL 3659014.3 mi1$1,695,000$1,695,000$1,695,000
36695Mobile, AL 3669515.0 mi233$81,167,880$314,900$348,360
36608Mobile, AL 3660815.4 mi162$66,267,558$284,950$409,059

Frequently Asked Questions

How many homes are for sale in MOBILE, AL 36602?

As of February 2026, there are 12 active listings in MOBILE, AL (zip code 36602), compared to 11 the prior year.

What is the median home price in MOBILE, AL 36602?

The median listing price in MOBILE, AL 36602 is $328,175 as of February 2026, a 18% decrease from $400,000 the prior year.

How long do homes stay on the market in MOBILE, AL?

Homes in MOBILE, AL 36602 spend an average of 90 days on the market before going under contract, compared to 87 days the prior year.

Is it a seller's or buyer's market in MOBILE, AL 36602?

Based on current inventory and days-on-market data as of February 2026, MOBILE, AL 36602 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 90 days on market compared to 87 days last year.

How much can I save on real estate commission in MOBILE, AL?

With SELL123.com's maximum 3% commission, sellers in MOBILE, AL 36602 save an estimated $6,564 compared to a typical 5% commission on the median listing price of $328,175. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.