Mobile Real Estate Market Overview
Public School Ranking:
Selling a House in Mobile, AL
The median home value in Mobile is $214,000, and the month of May proves to be the most advantageous time to sell a house. During this time, homes sell for almost $15,000 more than the yearly average. If you’re someone who’s determined to sell your home quick, August can promise a sale 11 days faster than the average. There are many different ways to sell a home, but those desperate to sell now might find iBuying to be their best option. If you’re unfamiliar, iBuyers have made a name for themselves by providing home owners with instant, all-cash offers and quick closings. With just a couple clicks you can find out how much your home is worth. With an iBuyer there’s no cleaning out, no paying for up-grades or repairs and no loan issues.
Location & Weather
Mobile is located in the south-western region of Alabama, right near the Mobile River. It lies on the Mobile Bay and is a well-known river port. Mobile has a reputation for being a place full of history and culture, which is why many of its attractions are ideal for all ages. Some unique sights include Fort Conde, Mobile Museum of Art, the USS Alabama Battleship Memorial Park, the Mobile Opera, and the Saenger Theatre. If you’re more interested in some sight-seeing, check out Mobile Bay, Dauphin Street or the Mobile Botanical Gardens. Mobile also hosts tours, like The Secretly Awesome Tour, the Mobile Downtown Food Tour, or the Evening Food Tour of Old Mobile’s Culinary History.
Mobile get about 66 inches of rain-fall each year, but overall has a comfortable climate. Summers are warm, with highs in the 80’s and lows in 70’s. Winter temperatures reach highs in the 60’s, with lows in the 40’s.
Population, Job Market & Cost of Living
The population in Mobile is 186,804, and has a declining growth rate of -0.74% annually. The job growth has increased by 1.5% over the last year and in ten years, is predicted to have increased by 27.2%. Big industries in Mobile include health care, retail trade, professional services, construction and manufacturing. Some of the larger companies to work for are Austal USA, Infirmary Health, City of Mobile, PCH Hotels & Resorts, and Computer Programs and Systems. The cost of living here is low, considering it is cheaper than the national average.
Mobile Alabama consistently proves why it’s a great place for those interested in an affordable lifestyle, in a historically rich city.