Much like nearby areas, it is a lot less expensive compared to the United States as a whole.
Home prices
The value of the median home in Mobile is $123,600. This is about $3,200 (2%) higher compared to its nearby areas.It is approximately $93,900 (43%) lower in comparison to the United States as a whole.
Rents
Mobile's median monthly rent is $857. In comparison to other places in this area it is about $26 (3%) higher.It is about $205 (19%) lower compared to the United States as a whole.
Nearby places
Prichard
Prichard is Mobile's neighbor to the north. The real estate prices there are significantly less expensive. Prichard's median home cost is $66,100, which comes out to $57,500 (86%) lower than Mobile. The rent there is a bit less expensive. In Prichard the median rent is $717 per month, which comes out to $140 (19%) lower than Mobile.
Chickasaw
Chickasaw is Mobile's neighbor to the north. Its housing prices are a lot less expensive. The median home in Chickasaw costs $75,500, which comes out to $48,100 (63%) lower than Mobile. The rent there is a little less expensive. Chickasaw's median monthly rent is $816, which is $41 (5%) lower than Mobile.
Tillmans Corner
Tillmans Corner is Mobile's neighbor to the southwest. Its real estate prices are a bit less expensive. Tillmans Corner's median home cost is $114,400, which is $9,200 (8%) lower than Mobile. Rent there is a bit less expensive. Tillmans Corner's median rent is $712 per month, which is $145 (20%) lower than Mobile.
Theodore
Theodore is Mobile's neighbor to the south. The real estate prices there are a bit less expensive. The price of the median home in Theodore is $114,600, which works out to $9,000 (7%) lower than Mobile. Its rents are a bit more expensive. In Theodore the median monthly rent is $919, which works out to $62 (6%) higher than Mobile.
Semmes
Semmes is roughly 10 miles northwest of Mobile. The real estate prices there are a bit more expensive. The median home in Semmes costs $150,400, which is $26,800 (17%) higher than Mobile. The rent there is significantly less expensive. The median rent in Semmes is $625 per month, which works out to $232 (37%) lower than Mobile.
Daphne
Daphne is approximately 12 miles east of Mobile. Housing prices there are a lot more expensive. The median home in Daphne is valued at $201,400, which comes out to $77,800 (38%) higher than Mobile. The rent there is a little more expensive. Daphne's median rent is $1,200 a month, which works out to $343 (28%) higher than Mobile.