MOBILE Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Mobile averaged
6.93%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
7.26% and
one month ago for the week of 2023-02-09, the
average rate was 6.35%.
Mobile's average rate one year ago was 3.98%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.81%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
| Mobile 30 Year Fixed Rate | 2023-03-16 | 6.93% |
| Mobile 30 Year Fixed Rate Refi | 2023-03-16 | 6.81% |
| Mobile 15 Year Fixed Rate | 2023-03-16 | 6.75% |
| Mobile 15 Year Fixed Rate Refi | 2023-03-16 | 6.1% |
| Mobile 30 Year FHA | 2023-03-16 | 6.27% |
| Mobile 30 Year FHA Refi | 2023-03-16 | 6.53% |
| Mobile 30 Year USDA | 2023-03-16 | 6.37% |
| Mobile 30 Year USDA Refi | 2023-03-16 | 6.25% |
| Mobile 30 Year VA | 2023-03-16 | 6.39% |
| Mobile 30 Year VA Refi | 2023-03-16 | 6.06% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MOBILE, AL.
MOBILE Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the MOBILE, AL market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
MOBILE Average Closing Costs & Other Stats
MOBILE, AL's 242 lenders originated 14,414
loans during 2021. The total origination value was $2,736,790,000, with an average loan value of
$189,870.
MOBILE's average closing costs are $4,171.
The top MOBILE lender as defined by loan originations is Trustmark National Bank, with
523 loans originated. Their average total fees are
$3,076, which is $1,448
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee MOBILE lenders (with over 10 loans originated) are
Tyndall Federal Credit Union ($2,131), HOMETRUST MORTGAGE COMPANY ($2,163), BankPlus ($2,198), KELLER MORTGAGE, LLC ($2,230) and SWBC MORTGAGE CORPORATION ($2,275).
The lowest rate MOBILE lenders (with over 10 loans originated) are
A Mortgage Boutique, LLC (2.88%), DHI MORTGAGE COMPANY, LTD. (2.93%), CHEVRON (2.93%), LOANDEPOT.COM, LLC (2.99%) and BankPlus (2.99%).
MOBILE, AL Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| Trustmark National Bank | $188,250,000 | $214,950,000 | 14.2% | 7.9% |
| QUICKEN LOANS, LLC | $177,160,000 | $213,365,000 | 20.4% | 7.8% |
| Regions Bank | $128,315,000 | $139,030,000 | 8.4% | 5.1% |
| BancorpSouth Bank | $101,055,000 | $118,875,000 | 17.6% | 4.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $64,200,000 | $113,825,000 | 77.3% | 4.2% |
| FREEDOM MORTGAGE CORPORATION | $70,665,000 | $89,515,000 | 26.7% | 3.3% |
| EMBRACE HOME LOANS, INC. | $52,825,000 | $78,800,000 | 49.2% | 2.9% |
| HOME POINT FINANCIAL CORPORATION | $44,505,000 | $76,790,000 | 72.5% | 2.8% |
| GMFS LLC | $82,885,000 | $71,850,000 | -13.3% | 2.6% |
| CALIBER HOME LOANS, INC. | $41,740,000 | $66,770,000 | 60.0% | 2.4% |
| DHI MORTGAGE COMPANY, LTD. | $37,005,000 | $58,860,000 | 59.1% | 2.2% |
| First Horizon Bank | $56,800,000 | n/a | 2.1% | |
| Renasant Bank | $43,800,000 | $52,510,000 | 19.9% | 1.9% |
| SWBC MORTGAGE CORPORATION | $39,545,000 | $47,625,000 | 20.4% | 1.7% |
| Hancock Whitney Bank | $45,885,000 | $45,470,000 | -0.9% | 1.7% |
| PENNYMAC LOAN SERVICES, LLC | $13,735,000 | $43,240,000 | 214.8% | 1.6% |
| Mortgage Research Center, LLC | $26,740,000 | $42,255,000 | 58.0% | 1.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $36,200,000 | $40,310,000 | 11.4% | 1.5% |
| LOANDEPOT.COM, LLC | $15,020,000 | $40,050,000 | 166.6% | 1.5% |
| Wells Fargo Bank | $36,870,000 | $39,910,000 | 8.2% | 1.5% |
| PNC Bank | $27,715,000 | $39,805,000 | 43.6% | 1.5% |
| First Federal Bank, A FSB | $31,915,000 | $37,325,000 | 17.0% | 1.4% |
| Community Bank of Mississippi | $27,180,000 | $36,655,000 | 34.9% | 1.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $24,050,000 | $31,885,000 | 32.6% | 1.2% |
| FIRST COMMUNITY MORTGAGE, INC. | $5,090,000 | $31,770,000 | 524.2% | 1.2% |
| The First, A National Banking Association | $29,055,000 | $27,660,000 | -4.8% | 1.0% |
| Hometown Lenders, Inc. | $26,895,000 | $27,015,000 | 0.4% | 1.0% |
| DIRECT MORTGAGE LOANS, LLC | $25,545,000 | $26,220,000 | 2.6% | 1.0% |
| AMERISAVE MORTGAGE CORPORATION | $11,720,000 | $24,625,000 | 110.1% | 0.9% |
| NAVY FEDERAL CREDIT UNION | $17,760,000 | $23,355,000 | 31.5% | 0.9% |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $8,075,000 | $23,245,000 | 187.9% | 0.8% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $7,445,000 | $19,890,000 | 167.2% | 0.7% |
| ServisFirst Bank | $17,860,000 | $18,955,000 | 6.1% | 0.7% |
| WALKER & DUNLOP, LLC | $18,895,000 | n/a | 0.7% | |
| LAKEVIEW LOAN SERVICING, LLC | $9,640,000 | $18,625,000 | 93.2% | 0.7% |
| NEWREZ LLC | $7,450,000 | $17,940,000 | 140.8% | 0.7% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $9,675,000 | $17,800,000 | 84.0% | 0.7% |
| BETTER MORTGAGE CORPORATION | $4,810,000 | $15,900,000 | 230.6% | 0.6% |
| Truist Bank | $16,270,000 | $14,520,000 | -10.8% | 0.5% |
| CMG MORTGAGE, INC. | $18,950,000 | $14,220,000 | -25.0% | 0.5% |
| FirstBank | $13,350,000 | $13,930,000 | 4.3% | 0.5% |
| BBVA USA | $29,000,000 | $13,600,000 | -53.1% | 0.5% |
| USAA Federal Savings Bank | $12,450,000 | $13,490,000 | 8.4% | 0.5% |
| Bank of England | $7,105,000 | $12,895,000 | 81.5% | 0.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $7,450,000 | $12,790,000 | 71.7% | 0.5% |
| Tyndall Federal Credit Union | $21,060,000 | $12,690,000 | -39.7% | 0.5% |
| Prosperity Home Mortgage, LLC | $1,075,000 | $12,555,000 | 1,067.9% | 0.5% |
| HOMETRUST MORTGAGE COMPANY | $8,760,000 | $12,465,000 | 42.3% | 0.5% |
| MOVEMENT MORTGAGE, LLC | $7,015,000 | $11,780,000 | 67.9% | 0.4% |
| River Bank & Trust | $7,720,000 | $11,480,000 | 48.7% | 0.4% |
| Flagstar Bank, FSB | $6,845,000 | $11,410,000 | 66.7% | 0.4% |
| Synovus Bank | $27,705,000 | $10,995,000 | -60.3% | 0.4% |
| Century Bank | $4,080,000 | $10,875,000 | 166.5% | 0.4% |
| NEW DAY FINANCIAL, LLC | $8,565,000 | $10,380,000 | 21.2% | 0.4% |
| A Mortgage Boutique, LLC | $25,875,000 | $10,030,000 | -61.2% | 0.4% |
| VILLAGE CAPITAL & INVESTMENT LLC | $6,900,000 | $8,900,000 | 29.0% | 0.3% |
| Bank of America | $6,545,000 | $8,605,000 | 31.5% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $17,115,000 | $8,455,000 | -50.6% | 0.3% |
| AMERICAN HOME LENDING USA, LLC | $9,050,000 | $8,395,000 | -7.2% | 0.3% |
| Carrington Mortgage Services, LLC | $6,680,000 | $8,180,000 | 22.5% | 0.3% |
| BankPlus | $8,075,000 | $7,975,000 | -1.2% | 0.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $6,815,000 | $7,100,000 | 4.2% | 0.3% |
| HOMESTAR FINANCIAL CORPORATION | $1,780,000 | $6,575,000 | 269.4% | 0.2% |
| JPMorgan Chase Bank | $4,730,000 | $6,120,000 | 29.4% | 0.2% |
| Arbor Realty Trust, Inc. | $23,190,000 | $6,075,000 | -73.8% | 0.2% |
| 21ST MORTGAGE CORPORATION | $4,280,000 | $6,015,000 | 40.5% | 0.2% |
| BROKER SOLUTIONS, INC. | $2,325,000 | $5,965,000 | 156.6% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $6,725,000 | $5,630,000 | -16.3% | 0.2% |
| Bryant Bank | $4,780,000 | $5,575,000 | 16.6% | 0.2% |
| KEESLER | $10,305,000 | $5,395,000 | -47.6% | 0.2% |
| APCO EMPLOYEES | $5,675,000 | $5,330,000 | -6.1% | 0.2% |
| CHEVRON | $4,475,000 | $5,060,000 | 13.1% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $260,000 | $4,965,000 | 1,809.6% | 0.2% |
| U.S. Bank | $4,045,000 | $4,915,000 | 21.5% | 0.2% |
| MORTGAGE INVESTORS GROUP, INC. | $4,665,000 | $4,870,000 | 4.4% | 0.2% |
| GUILD MORTGAGE COMPANY | $3,130,000 | $4,820,000 | 54.0% | 0.2% |
| CLEARPATH LENDING | $4,020,000 | $4,650,000 | 15.7% | 0.2% |
| New Horizons Credit Union | $4,670,000 | $4,525,000 | -3.1% | 0.2% |
| Stifel Bank and Trust | $3,770,000 | $4,485,000 | 19.0% | 0.2% |
| AmeriHome Mortgage Company, LLC | $6,400,000 | $4,330,000 | -32.3% | 0.2% |
| NBKC BANK | $380,000 | $4,225,000 | 1,011.8% | 0.2% |
| InterContinental Capital Group, Inc | $2,320,000 | $4,155,000 | 79.1% | 0.2% |
| AMERICAN FINANCING CORPORATION | $2,510,000 | $4,060,000 | 61.8% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $3,730,000 | $3,990,000 | 7.0% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $3,395,000 | $3,945,000 | 16.2% | 0.1% |
| KELLER MORTGAGE, LLC | $2,130,000 | $3,895,000 | 82.9% | 0.1% |
| THE MORTGAGE FIRM, INC. | $440,000 | $3,835,000 | 771.6% | 0.1% |
| SouthPoint Bank | $4,495,000 | $3,800,000 | -15.5% | 0.1% |
| NAVIGATOR CU | $2,345,000 | $3,760,000 | 60.3% | 0.1% |
| Citizens Bank | $420,000 | $3,750,000 | 792.9% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $4,100,000 | $3,740,000 | -8.8% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $1,570,000 | $3,700,000 | 135.7% | 0.1% |
| AMERICA'S FIRST | $1,550,000 | $3,610,000 | 132.9% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $945,000 | $3,590,000 | 279.9% | 0.1% |
| Home Mortgage Alliance Corp | $3,470,000 | n/a | 0.1% | |
| SmartBank | $1,510,000 | $3,425,000 | 126.8% | 0.1% |
| First Guaranty Mortgage Corporation | $2,045,000 | $3,345,000 | 63.6% | 0.1% |
| Grandbridge Real Estate Capital LLC | $3,285,000 | n/a | 0.1% | |
| LIMA ONE CAPITAL, LLC | $3,240,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL NETWORK, INC. | $1,820,000 | $3,020,000 | 65.9% | 0.1% |
| AVADIAN | $4,240,000 | $3,010,000 | -29.0% | 0.1% |
| South State Bank | $2,480,000 | $3,000,000 | 21.0% | 0.1% |
| Ally Bank | $1,250,000 | $2,985,000 | 138.8% | 0.1% |
| First Savings Bank | $2,170,000 | $2,900,000 | 33.6% | 0.1% |
| Nations Lending Corporation | $6,215,000 | $2,860,000 | -54.0% | 0.1% |
| TJC Mortgage, Inc. | $545,000 | $2,765,000 | 407.3% | 0.1% |
| SOUTHWEST FUNDING, LP | $2,025,000 | $2,755,000 | 36.0% | 0.1% |
| Triumph Bank | $420,000 | $2,730,000 | 550.0% | 0.1% |
| PLANET HOME LENDING, LLC | $1,725,000 | $2,695,000 | 56.2% | 0.1% |
| The Federal Savings Bank | $4,710,000 | $2,665,000 | -43.4% | 0.1% |
| Alabama One Credit Union | $2,030,000 | $2,535,000 | 24.9% | 0.1% |
| First Federal Bank | $1,485,000 | $2,495,000 | 68.0% | 0.1% |
| Capitol Federal Savings Bank | $3,670,000 | $2,485,000 | -32.3% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $1,250,000 | $2,430,000 | 94.4% | 0.1% |
| Merchants & Marine Bank | $570,000 | $2,415,000 | 323.7% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $720,000 | $2,370,000 | 229.2% | 0.1% |
| North American Savings Bank, F.S.B. | $1,365,000 | $2,285,000 | 67.4% | 0.1% |
| SOFI LENDING CORP. | $1,200,000 | $2,270,000 | 89.2% | 0.1% |
| GUARANTEED RATE, INC. | $1,175,000 | $2,250,000 | 91.5% | 0.1% |
| RESOURCE FINANCIAL SERVICES, INC. | $6,335,000 | $2,145,000 | -66.1% | 0.1% |
| Northpointe Bank | $1,765,000 | $2,065,000 | 17.0% | 0.1% |
| Assurance Financial Group, L.L.C. | $1,145,000 | $2,040,000 | 78.2% | 0.1% |
| ALL IN | $2,985,000 | $2,005,000 | -32.8% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $445,000 | $1,990,000 | 347.2% | 0.1% |
| DELMAR FINANCIAL COMPANY | $1,115,000 | $1,975,000 | 77.1% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $3,930,000 | $1,965,000 | -50.0% | 0.1% |
| First Federal Savings and Loan Association | $1,795,000 | $1,955,000 | 8.9% | 0.1% |
| Low VA Rates, LLC | $2,135,000 | $1,915,000 | -10.3% | 0.1% |
| GoPrime Mortgage, Inc. | $4,405,000 | $1,905,000 | -56.8% | 0.1% |
| Progress Bank and Trust | $90,000 | $1,850,000 | 1,955.6% | 0.1% |
| ZILLOW HOME LOANS, LLC | $565,000 | $1,735,000 | 207.1% | 0.1% |
| Consumer First Mortgage, Inc. | $1,470,000 | $1,725,000 | 17.3% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $1,250,000 | $1,660,000 | 32.8% | 0.1% |
| GENEVA FINANCIAL, LLC | $655,000 | $1,655,000 | 152.7% | 0.1% |
| COREVEST AMERICAN FINANCE LENDER LLC | $1,645,000 | n/a | 0.1% | |
| GUARANTY HOME MORTGAGE CORPORATION | $7,630,000 | $1,625,000 | -78.7% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $260,000 | $1,550,000 | 496.2% | 0.1% |
| ALABAMA CREDIT UNION | $655,000 | $1,545,000 | 135.9% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $1,000,000 | $1,545,000 | 54.5% | 0.1% |
| Ameris Bank | $925,000 | $1,515,000 | 63.8% | 0.1% |
| Morgan Stanley Private Bank | $335,000 | $1,440,000 | 329.9% | 0.1% |
| ENVOY MORTGAGE, LTD | $33,685,000 | $1,435,000 | -95.7% | 0.1% |
| Manufacturers and Traders Trust Company | $340,000 | $1,365,000 | 301.5% | 0.0% |
| Centennial Bank | $1,020,000 | $1,360,000 | 33.3% | 0.0% |
| FIDELITY BANK | $545,000 | $1,320,000 | 142.2% | 0.0% |
| Mid-Continent Funding, Inc. | $1,590,000 | $1,295,000 | -18.6% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $870,000 | $1,275,000 | 46.6% | 0.0% |
| Family Security Credit Union | $55,000 | $1,270,000 | 2,209.1% | 0.0% |
| PHH Mortgage Corporation | $715,000 | $1,240,000 | 73.4% | 0.0% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $1,230,000 | n/a | 0.0% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $640,000 | $1,225,000 | 91.4% | 0.0% |
| Charles Schwab Bank, SSB | $1,205,000 | n/a | 0.0% | |
| CityWorth Mortgage LLC | $725,000 | $1,195,000 | 64.8% | 0.0% |
| The Home Loan Expert LLC | $1,170,000 | n/a | 0.0% | |
| NP, Inc. | $1,825,000 | $1,155,000 | -36.7% | 0.0% |
| TIAA, FSB | $1,545,000 | $1,150,000 | -25.6% | 0.0% |
| United Bank | $600,000 | $1,140,000 | 90.0% | 0.0% |
| LENDINGONE, LLC | $1,125,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,730,000 | $1,115,000 | -35.5% | 0.0% |
| Pen Air Federal Credit Union | $500,000 | $1,100,000 | 120.0% | 0.0% |
| Wyndham Capital Mortgage, Inc. | $355,000 | $1,075,000 | 202.8% | 0.0% |
| FBC MORTGAGE, LLC | $1,055,000 | $1,010,000 | -4.3% | 0.0% |
| CRESCENT MORTGAGE COMPANY | $1,680,000 | $1,005,000 | -40.2% | 0.0% |
| Discover Bank | $805,000 | $995,000 | 23.6% | 0.0% |
| ANGEL OAK HOME LOANS LLC | $710,000 | $990,000 | 39.4% | 0.0% |
| REDSTONE Federal Credit Union | $310,000 | $990,000 | 219.4% | 0.0% |
| LENDERFI, INC. | $985,000 | n/a | 0.0% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $2,360,000 | $975,000 | -58.7% | 0.0% |
| Citibank | $325,000 | $970,000 | 198.5% | 0.0% |
| CELEBRITY HOME LOANS, LLC | $960,000 | n/a | 0.0% | |
| The Central Trust Bank | $960,000 | n/a | 0.0% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $960,000 | n/a | 0.0% | |
| MIDLAND MORTGAGE CORPORATION | $165,000 | $930,000 | 463.6% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $910,000 | n/a | 0.0% | |
| FINANCE OF AMERICA MORTGAGE LLC | $135,000 | $905,000 | 570.4% | 0.0% |
| CERTAINTY HOME LOANS, LLC | $900,000 | n/a | 0.0% | |
| Oakstar Bank | $385,000 | $890,000 | 131.2% | 0.0% |
| DAS Acquisition Company, LLC | $380,000 | $875,000 | 130.3% | 0.0% |
| ENCORE BANK | $865,000 | n/a | 0.0% | |
| Hamilton Mortgage Corporation | $555,000 | $860,000 | 55.0% | 0.0% |
| Magnolia Bank | $1,500,000 | $855,000 | -43.0% | 0.0% |
| INLANTA MORTGAGE, INC. | $850,000 | n/a | 0.0% | |
| The Citizens National Bank of Meridian | $845,000 | n/a | 0.0% | |
| MILEND, INC. | $570,000 | $835,000 | 46.5% | 0.0% |
| Colten Mortgage, LLC | $825,000 | n/a | 0.0% | |
| Republic Bank & Trust Company | $680,000 | $805,000 | 18.4% | 0.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $65,000 | $795,000 | 1,123.1% | 0.0% |
| Metro City Bank | $770,000 | n/a | 0.0% | |
| West Town Bank & Trust | $985,000 | $760,000 | -22.8% | 0.0% |
| Goldwater Bank, N.A. | $695,000 | $755,000 | 8.6% | 0.0% |
| Southwest Airlines Federal Credit Union | $755,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $1,130,000 | $740,000 | -34.5% | 0.0% |
| MAX Credit Union | $740,000 | n/a | 0.0% | |
| First Commercial Bank | $720,000 | n/a | 0.0% | |
| Austin Capital Bank SSB | $420,000 | $715,000 | 70.2% | 0.0% |
| Pinnacle Bank | $695,000 | n/a | 0.0% | |
| ACCELERATE MORTGAGE, LLC | $660,000 | n/a | 0.0% | |
| PLAZA HOME MORTGAGE, INC. | $155,000 | $660,000 | 325.8% | 0.0% |
| Toyota Financial Savings Bank | $730,000 | $650,000 | -11.0% | 0.0% |
| Wolfe Financial, Inc | $115,000 | $645,000 | 460.9% | 0.0% |
| Capital City Home Loans, LLC | $605,000 | $620,000 | 2.5% | 0.0% |
| Platinum Home Mortgage Corporation | $800,000 | $610,000 | -23.8% | 0.0% |
| Gulf Coast Bank and Trust Company | $595,000 | n/a | 0.0% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $145,000 | $590,000 | 306.9% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $250,000 | $585,000 | 134.0% | 0.0% |
| Colonial Savings, F.A. | $560,000 | n/a | 0.0% | |
| Cadence Bank, N.A. | $545,000 | n/a | 0.0% | |
| BNC National Bank | $2,140,000 | $540,000 | -74.8% | 0.0% |
| CHERRY CREEK MORTGAGE, LLC | $540,000 | n/a | 0.0% | |
| Simmons Bank | $515,000 | $535,000 | 3.9% | 0.0% |
| CANOPY MORTGAGE, LLC | $530,000 | n/a | 0.0% | |
| Figure Lending LLC | $265,000 | $530,000 | 100.0% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $525,000 | n/a | 0.0% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $2,320,000 | $525,000 | -77.4% | 0.0% |
| Raymond James Bank | $520,000 | n/a | 0.0% | |
| American Community Bank of Indiana | $640,000 | $515,000 | -19.5% | 0.0% |
| CSL Financial, LLC | $325,000 | $510,000 | 56.9% | 0.0% |
| MORTGAGE ACCESS CORP. | $510,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $505,000 | n/a | 0.0% | |
| Ixonia Bank | $495,000 | n/a | 0.0% | |
| CONTOUR MORTGAGE CORPORATION | $490,000 | n/a | 0.0% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $480,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $725,000 | $480,000 | -33.8% | 0.0% |
| Paramount Bank | $135,000 | $470,000 | 248.1% | 0.0% |
| Florida Capital Bank | $465,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $650,000 | $460,000 | -29.2% | 0.0% |
| MICHIGAN MUTUAL, INC. | $175,000 | $460,000 | 162.9% | 0.0% |
| Hometown Equity Mortgage, LLC | $1,030,000 | $455,000 | -55.8% | 0.0% |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $780,000 | $445,000 | -42.9% | 0.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | $440,000 | n/a | 0.0% | |
| HOMESPIRE MORTGAGE CORPORATION | $440,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $400,000 | $425,000 | 6.3% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $420,000 | n/a | 0.0% | |
| Centennial Bank | $1,020,000 | $420,000 | -58.8% | 0.0% |
| Chickasaw Community Bank | $1,920,000 | $420,000 | -78.1% | 0.0% |
| Fifth Third Bank | $410,000 | n/a | 0.0% | |
| UNITED PREMIER FUNDING, LLC | $410,000 | n/a | 0.0% | |
| Farmers Bank & Trust | $395,000 | n/a | 0.0% | |
| Prime Choice Funding Inc. | $930,000 | $395,000 | -57.5% | 0.0% |
| Wayne Savings Community Bank | $535,000 | $395,000 | -26.2% | 0.0% |
| BM Real Estate Services, Inc. | $385,000 | n/a | 0.0% | |
| FINANCE OF AMERICA COMMERCIAL LLC | $240,000 | $385,000 | 60.4% | 0.0% |
| RIVERLAND FEDERAL CREDIT UNION | $385,000 | n/a | 0.0% | |
| UNIVERSITY LENDING GROUP, LLC | $385,000 | n/a | 0.0% | |
| ANDREWS FEDERAL CREDIT UNION | $375,000 | n/a | 0.0% | |
| CITYWIDE HOME LOANS, LLC | $375,000 | n/a | 0.0% | |
| AMCAP MORTGAGE, LTD. | $370,000 | n/a | 0.0% | |
| INTERLINC MORTGAGE SERVICES, LLC | $680,000 | $370,000 | -45.6% | 0.0% |
| CapStar Bank | $365,000 | n/a | 0.0% | |
| Devon Bank | $365,000 | n/a | 0.0% | |
| LOANFLIGHT LENDING, LLC | $365,000 | $365,000 | 0.0% | 0.0% |
| EQUITY RESOURCES, INC. | $355,000 | n/a | 0.0% | |
| Gulf Winds Credit Union | $25,000 | $345,000 | 1,280.0% | 0.0% |
| Baxter Credit Union | $320,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $70,000 | $320,000 | 357.1% | 0.0% |
| CB&S Bank, Inc. | $315,000 | n/a | 0.0% | |
| Gateway First Bank | $315,000 | n/a | 0.0% | |
| Waterstone Mortgage Corporation | $315,000 | n/a | 0.0% | |
| Bank Independent | $315,000 | $305,000 | -3.2% | 0.0% |
| Cf Bank | $305,000 | n/a | 0.0% | |
| Victorian Finance, LLC | $305,000 | n/a | 0.0% | |
| Paramount Residential Mortgage Group, Inc. | $690,000 | $300,000 | -56.5% | 0.0% |
| Superior Credit Union, Inc. | $530,000 | $300,000 | -43.4% | 0.0% |
| Home Federal Bank | $295,000 | n/a | 0.0% | |
| PREMIA MORTGAGE, LLC | $800,000 | $285,000 | -64.4% | 0.0% |
| CU COMMUNITY, LLC | $280,000 | n/a | 0.0% | |
| Marquette Bank | $275,000 | n/a | 0.0% | |
| T2 FINANCIAL LLC | $270,000 | n/a | 0.0% | |
| FBT Mortgage, L.L.C. | $105,000 | $265,000 | 152.4% | 0.0% |
| Origin Bank | $345,000 | $265,000 | -23.2% | 0.0% |
| PANORAMA MORTGAGE GROUP, LLC | $505,000 | $265,000 | -47.5% | 0.0% |
| The Union Bank Company | $550,000 | $265,000 | -51.8% | 0.0% |
| Citizens Bank & Trust Company of Vivian, Louisiana | $260,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $255,000 | n/a | 0.0% | |
| ATLANTA POSTAL | $255,000 | n/a | 0.0% | |
| Commerce Home Mortgage, Inc. | $255,000 | n/a | 0.0% | |
| VAN DYK MORTGAGE CORPORATION | $255,000 | n/a | 0.0% | |
| STEARNS LENDING, LLC | $250,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $115,000 | $245,000 | 113.0% | 0.0% |
| SECURITYNATIONAL MORTGAGE COMPANY | $245,000 | n/a | 0.0% | |
| Arvest Bank | $1,470,000 | $240,000 | -83.7% | 0.0% |
| EvaBank | $45,000 | $235,000 | 422.2% | 0.0% |
| OPEN MORTGAGE, LLC | $125,000 | $235,000 | 88.0% | 0.0% |
| Peoples National Bank , N.A. | $235,000 | n/a | 0.0% | |
| Strong Home Mortgage, LLC | $215,000 | $235,000 | 9.3% | 0.0% |
| V.I.P. MORTGAGE, INC. | $235,000 | n/a | 0.0% | |
| SOUTHEAST MORTGAGE OF GEORGIA, INC. | $855,000 | $230,000 | -73.1% | 0.0% |
| AOD Federal Credit Union | $225,000 | n/a | 0.0% | |
| BankFirst Financial Services | $635,000 | $225,000 | -64.6% | 0.0% |
| DELTA COMMUNITY CREDIT UNION | $210,000 | $215,000 | 2.4% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $215,000 | n/a | 0.0% | |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $215,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $205,000 | $205,000 | 0.0% | 0.0% |
| Beach Community Mortgage Services, Inc. | $205,000 | n/a | 0.0% | |
| Bell Bank | $205,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $240,000 | $205,000 | -14.6% | 0.0% |
| First Internet Bank of Indiana | $265,000 | $205,000 | -22.6% | 0.0% |
| Troy Bank and Trust Company | $205,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $115,000 | $200,000 | 73.9% | 0.0% |
| EVERETT FINANCIAL, INC. | $2,095,000 | $195,000 | -90.7% | 0.0% |
| Reliant Bank | $45,000 | $190,000 | 322.2% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $95,000 | $185,000 | 94.7% | 0.0% |
| First Guaranty Bank | $185,000 | n/a | 0.0% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $185,000 | n/a | 0.0% | |
| AMERICAN MORTGAGE SERVICE COMPANY | $585,000 | $175,000 | -70.1% | 0.0% |
| JUSTICE Federal Credit Union | $175,000 | n/a | 0.0% | |
| LOANLEADERS OF AMERICA, INC. | $175,000 | n/a | 0.0% | |
| The Evangeline Bank & Trust Company | $175,000 | n/a | 0.0% | |
| THRIVENT Federal Credit Union | $175,000 | n/a | 0.0% | |
| MidFirst Bank | $170,000 | n/a | 0.0% | |
| 1st Franklin Financial Corporation | $45,000 | $165,000 | 266.7% | 0.0% |
| EMM LOANS LLC | $435,000 | $165,000 | -62.1% | 0.0% |
| MORTGAGE FINANCIAL SERVICES, LLC | $165,000 | n/a | 0.0% | |
| Paragon Bank | $165,000 | n/a | 0.0% | |
| Prosperity Bank | $165,000 | n/a | 0.0% | |
| UNITED SECURITY FINANCIAL CORP | $165,000 | $165,000 | 0.0% | 0.0% |
| Visio Financial Services Inc. | $165,000 | n/a | 0.0% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $155,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $95,000 | $155,000 | 63.2% | 0.0% |
| First Midwest Bank | $155,000 | n/a | 0.0% | |
| LENDUS, LLC | $330,000 | $155,000 | -53.0% | 0.0% |
| UNION HOME MORTGAGE CORP. | $155,000 | n/a | 0.0% | |
| Valley National Bank | $145,000 | n/a | 0.0% | |
| AmRes Corporation | $340,000 | $135,000 | -60.3% | 0.0% |
| Atlantic Union Bank | $135,000 | n/a | 0.0% | |
| EVANSVILLE TEACHERS | $280,000 | $135,000 | -51.8% | 0.0% |
| First National Bank of Omaha | $155,000 | $135,000 | -12.9% | 0.0% |
| HUNT MORTGAGE CORPORATION | $135,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $275,000 | $135,000 | -50.9% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $125,000 | n/a | 0.0% | |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $125,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $125,000 | n/a | 0.0% | |
| First Palmetto Bank | $125,000 | n/a | 0.0% | |
| Progressive Bank | $125,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $125,000 | n/a | 0.0% | |
| The First National Bank of Middle Tennessee | $125,000 | n/a | 0.0% | |
| United Community Bank | $735,000 | $125,000 | -83.0% | 0.0% |
| FCB Banks | $120,000 | n/a | 0.0% | |
| THRIVE MORTGAGE, LLC | $120,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $115,000 | n/a | 0.0% | |
| BELEM SERVICING LLC | $115,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $115,000 | n/a | 0.0% | |
| MIDWEST LOAN SOLUTIONS, INC. | $115,000 | n/a | 0.0% | |
| Service Federal Credit Union | $105,000 | n/a | 0.0% | |
| The Huntington National Bank | $105,000 | n/a | 0.0% | |
| Bank OZK | $495,000 | $100,000 | -79.8% | 0.0% |
| A&D Mortgage LLC | $95,000 | n/a | 0.0% | |
| BLUELEAF LENDING, LLC | $95,000 | n/a | 0.0% | |
| Fidelity Bank | $95,000 | n/a | 0.0% | |
| NETWORK CAPITAL FUNDING CORPORATION | $125,000 | $95,000 | -24.0% | 0.0% |
| Amerifirst Financial, Inc. | $85,000 | n/a | 0.0% | |
| Colony Bank | $70,000 | $85,000 | 21.4% | 0.0% |
| Peoples Bank | $95,000 | $85,000 | -10.5% | 0.0% |
| ADVANCIAL | $75,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,180,000 | $75,000 | -93.6% | 0.0% |
| ARC HOME LLC | $1,945,000 | $75,000 | -96.1% | 0.0% |
| REVERSE MORTGAGE FUNDING LLC | $75,000 | n/a | 0.0% | |
| TELCOE FEDERAL CREDIT UNION | $75,000 | n/a | 0.0% | |
| COUNTRYPLACE MORTGAGE, LTD. | $165,000 | $65,000 | -60.6% | 0.0% |
| First Financial Bank | $65,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $65,000 | n/a | 0.0% | |
| NFM, INC. | $65,000 | n/a | 0.0% | |
| Secured Investment Corp. | $65,000 | n/a | 0.0% | |
| First US Bank | $55,000 | n/a | 0.0% | |
| Great Southern Bank | $55,000 | n/a | 0.0% | |
| LEGACY COMMUNITY FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| Washington Trust Bank | $55,000 | n/a | 0.0% | |
| ALABAMA STATE EMPLOYEES CREDIT UNION | $45,000 | n/a | 0.0% | |
| First South Farm Credit, ACA | $45,000 | n/a | 0.0% |
MOBILE's top lender by overall market share is Trustmark National Bank, with 7.9% market share. In second place, with 7.8%, is QUICKEN LOANS, LLC, having originated $213,365,000 in loans. In third place, with 5.1%, is Regions Bank, having originated $139,030,000 in loans. In fourth place, with 4.3%, is BancorpSouth Bank, having originated $118,875,000 in loans. In fifth place, with 4.2%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $113,825,000 in loans.
MOBILE Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - MOBILE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $159,775 (6.6%) | $213,900 (6.9%) | 0.59 | 1,647 |
| 2018-02-01 | $162,334 (8.2%) | $215,065 (5.3%) | 0.59 | 1,673 |
| 2018-03-01 | $169,000 (8.0%) | $221,608 (6.6%) | 0.59 | 1,699 |
| 2018-04-01 | $169,450 (4.3%) | $227,491 (6.3%) | 0.57 | 1,669 |
| 2018-05-01 | $170,046 (6.4%) | $263,010 (22.6%) | 0.57 | 1,645 |
| 2018-06-01 | $174,900 (6.0%) | $238,714 (9.6%) | 0.58 | 1,648 |
| 2018-07-01 | $169,950 (2.8%) | $236,377 (9.6%) | 0.57 | 1,671 |
| 2018-08-01 | $169,545 (-0.2%) | $235,565 (8.6%) | 0.57 | 1,652 |
| 2018-09-01 | $164,900 (-0.1%) | $231,036 (6.5%) | 0.55 | 1,652 |
| 2018-10-01 | $165,269 (3.2%) | $230,284 (6.4%) | 0.56 | 1,662 |
| 2018-11-01 | $165,000 (3.2%) | $229,329 (6.4%) | 0.56 | 1,610 |
| 2018-12-01 | $162,900 (1.9%) | $226,865 (4.7%) | 0.56 | 1,535 |
| 2019-01-01 | $159,900 (0.1%) | $225,660 (5.5%) | 0.55 | 1,474 |
| 2019-02-01 | $159,950 (-1.5%) | $224,817 (4.5%) | 0.54 | 1,449 |
| 2019-03-01 | $165,900 (-1.8%) | $234,038 (5.6%) | 0.54 | 1,476 |
| 2019-04-01 | $169,900 (0.3%) | $241,291 (6.1%) | 0.54 | 1,524 |
| 2019-05-01 | $169,950 (-0.1%) | $238,739 (-9.2%) | 0.53 | 1,553 |
| 2019-06-01 | $179,900 (2.9%) | $244,671 (2.5%) | 0.56 | 1,547 |
| 2019-07-01 | $179,900 (5.9%) | $244,990 (3.6%) | 0.56 | 1,538 |
| 2019-08-01 | $180,732 (6.6%) | $242,232 (2.8%) | 0.57 | 1,539 |
| 2019-09-01 | $181,980 (10.4%) | $242,752 (5.1%) | 0.58 | 1,528 |
| 2019-10-01 | $183,925 (11.3%) | $243,099 (5.6%) | 0.59 | 1,505 |
| 2019-11-01 | $179,900 (9.0%) | $241,700 (5.4%) | 0.59 | 1,429 |
| 2019-12-01 | $178,525 (9.6%) | $233,658 (3.0%) | 0.60 | 1,379 |
| 2020-01-01 | $176,344 (10.3%) | $232,353 (3.0%) | 0.59 | 1,287 |
| 2020-02-01 | $179,900 (12.5%) | $236,600 (5.2%) | 0.59 | 1,253 |
| 2020-03-01 | $188,375 (13.6%) | $241,883 (3.4%) | 0.59 | 1,225 |
| 2020-04-01 | $189,450 (11.5%) | $244,537 (1.4%) | 0.59 | 1,212 |
| 2020-05-01 | $199,000 (17.1%) | $260,154 (9.0%) | 0.60 | 1,077 |
| 2020-06-01 | $204,750 (13.8%) | $270,936 (10.7%) | 0.60 | 978 |
| 2020-07-01 | $207,000 (15.1%) | $275,831 (12.6%) | 0.60 | 843 |
| 2020-08-01 | $208,500 (15.4%) | $274,533 (13.3%) | 0.60 | 794 |
| 2020-09-01 | $210,201 (15.5%) | $283,145 (16.6%) | 0.60 | 778 |
| 2020-10-01 | $212,000 (15.3%) | $287,042 (18.1%) | 0.61 | 741 |
| 2020-11-01 | $209,450 (16.4%) | $285,389 (18.1%) | 0.61 | 719 |
| 2020-12-01 | $209,000 (17.1%) | $278,918 (19.4%) | 0.62 | 722 |
| 2021-01-01 | $209,000 (18.5%) | $276,173 (18.9%) | 0.62 | 647 |
| 2021-02-01 | $199,950 (11.2%) | $288,042 (21.7%) | 0.58 | 522 |
| 2021-03-01 | $204,950 (8.8%) | $285,085 (17.9%) | 0.58 | 515 |
| 2021-04-01 | $204,475 (7.9%) | $277,709 (13.6%) | 0.55 | 527 |
| 2021-05-01 | $199,219 (0.1%) | $289,365 (11.2%) | 0.53 | 529 |
| 2021-06-01 | $209,000 (2.1%) | $287,570 (6.1%) | 0.55 | 568 |
| 2021-07-01 | $210,000 (1.5%) | $283,059 (2.6%) | 0.55 | 645 |
| 2021-08-01 | $200,058 (-4.1%) | $276,219 (0.6%) | 0.53 | 791 |
| 2021-09-01 | $199,900 (-4.9%) | $279,407 (-1.3%) | 0.53 | 761 |
| 2021-10-01 | $199,210 (-6.0%) | $287,806 (0.3%) | 0.53 | 736 |
| 2021-11-01 | $195,950 (-6.5%) | $274,191 (-3.9%) | 0.52 | 694 |
| 2021-12-01 | $199,950 (-4.3%) | $272,112 (-2.4%) | 0.54 | 694 |
| 2022-01-01 | $199,950 (-4.3%) | $280,648 (1.6%) | 0.54 | 609 |
| 2022-02-01 | $204,225 (2.1%) | $278,086 (-3.5%) | 0.53 | 529 |
| 2022-03-01 | $224,900 (9.7%) | $292,819 (2.7%) | 0.56 | 500 |
| 2022-04-01 | $240,000 (17.4%) | $312,200 (12.4%) | 0.57 | 513 |
| 2022-05-01 | $254,944 (28.0%) | $312,752 (8.1%) | 0.58 | 632 |
| 2022-06-01 | $239,900 (14.8%) | $299,914 (4.3%) | 0.53 | 715 |
| 2022-07-01 | $240,000 (14.3%) | $297,119 (5.0%) | 0.54 | 762 |
| 2022-08-01 | $248,117 (24.0%) | $305,198 (10.5%) | 0.57 | 776 |
| 2022-09-01 | $249,450 (24.8%) | $311,698 (11.6%) | 0.58 | 753 |
| 2022-10-01 | $249,130 (25.1%) | $317,051 (10.2%) | 0.59 | 789 |
| 2022-11-01 | $247,143 (26.1%) | $317,145 (15.7%) | 0.59 | 829 |
| 2022-12-01 | $240,000 (20.0%) | $313,203 (15.1%) | 0.59 | 805 |
| 2023-01-01 | $239,450 (19.8%) | $317,474 (13.1%) | 0.59 | 735 |
| 2023-02-01 | $239,788 (17.4%) | $319,710 (15.0%) | 0.58 | 674 |
MOBILE's median listing price for 2023-02-01 was $239,788, a difference of
$35,563
(17.4%) versus the prior year and
$338 versus the prior month.
MOBILE's median listing price comes in at 58% of the national average.
MOBILE's average listing price for 2023-02-01 was $319,710, a difference of $41,624 (15.0%) versus the prior year and $2,236 versus the prior month.
For the 2023-02-01 period, MOBILE had 674 MLS listings, a difference of -61 listings (-8%) versus the prior month and 145 listings (27%) versus the prior year.
MOBILE's median listing price comes in at 58% of the national average.
MOBILE's average listing price for 2023-02-01 was $319,710, a difference of $41,624 (15.0%) versus the prior year and $2,236 versus the prior month.
For the 2023-02-01 period, MOBILE had 674 MLS listings, a difference of -61 listings (-8%) versus the prior month and 145 listings (27%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - MOBILE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 101 days | 1,810 sqft |
| 2018-02-01 | 99 days | 1,825 sqft |
| 2018-03-01 | 70 days | 1,859 sqft |
| 2018-04-01 | 65 days | 1,867 sqft |
| 2018-05-01 | 69 days | 1,906 sqft |
| 2018-06-01 | 73 days | 1,929 sqft |
| 2018-07-01 | 78 days | 1,909 sqft |
| 2018-08-01 | 75 days | 1,893 sqft |
| 2018-09-01 | 79 days | 1,866 sqft |
| 2018-10-01 | 81 days | 1,857 sqft |
| 2018-11-01 | 85 days | 1,827 sqft |
| 2018-12-01 | 92 days | 1,808 sqft |
| 2019-01-01 | 90 days | 1,777 sqft |
| 2019-02-01 | 88 days | 1,787 sqft |
| 2019-03-01 | 78 days | 1,812 sqft |
| 2019-04-01 | 65 days | 1,828 sqft |
| 2019-05-01 | 60 days | 1,845 sqft |
| 2019-06-01 | 65 days | 1,910 sqft |
| 2019-07-01 | 68 days | 1,900 sqft |
| 2019-08-01 | 69 days | 1,898 sqft |
| 2019-09-01 | 70 days | 1,896 sqft |
| 2019-10-01 | 72 days | 1,897 sqft |
| 2019-11-01 | 78 days | 1,889 sqft |
| 2019-12-01 | 83 days | 1,870 sqft |
| 2020-01-01 | 83 days | 1,855 sqft |
| 2020-02-01 | 72 days | 1,900 sqft |
| 2020-03-01 | 60 days | 1,914 sqft |
| 2020-04-01 | 61 days | 1,896 sqft |
| 2020-05-01 | 67 days | 1,930 sqft |
| 2020-06-01 | 63 days | 1,951 sqft |
| 2020-07-01 | 58 days | 1,974 sqft |
| 2020-08-01 | 52 days | 2,000 sqft |
| 2020-09-01 | 48 days | 1,989 sqft |
| 2020-10-01 | 57 days | 2,025 sqft |
| 2020-11-01 | 54 days | 2,000 sqft |
| 2020-12-01 | 58 days | 1,961 sqft |
| 2021-01-01 | 60 days | 1,933 sqft |
| 2021-02-01 | 49 days | 1,927 sqft |
| 2021-03-01 | 33 days | 1,877 sqft |
| 2021-04-01 | 29 days | 1,809 sqft |
| 2021-05-01 | 25 days | 1,800 sqft |
| 2021-06-01 | 28 days | 1,822 sqft |
| 2021-07-01 | 28 days | 1,787 sqft |
| 2021-08-01 | 29 days | 1,735 sqft |
| 2021-09-01 | 41 days | 1,734 sqft |
| 2021-10-01 | 44 days | 1,722 sqft |
| 2021-11-01 | 43 days | 1,713 sqft |
| 2021-12-01 | 49 days | 1,733 sqft |
| 2022-01-01 | 50 days | 1,754 sqft |
| 2022-02-01 | 38 days | 1,753 sqft |
| 2022-03-01 | 28 days | 1,805 sqft |
| 2022-04-01 | 28 days | 1,798 sqft |
| 2022-05-01 | 28 days | 1,824 sqft |
| 2022-06-01 | 31 days | 1,784 sqft |
| 2022-07-01 | 40 days | 1,826 sqft |
| 2022-08-01 | 42 days | 1,862 sqft |
| 2022-09-01 | 49 days | 1,891 sqft |
| 2022-10-01 | 47 days | 1,894 sqft |
| 2022-11-01 | 53 days | 1,879 sqft |
| 2022-12-01 | 65 days | 1,830 sqft |
| 2023-01-01 | 69 days | 1,802 sqft |
| 2023-02-01 | 61 days | 1,810 sqft |
MOBILE's median listing age (time on market) for 2023-02-01 was 61 days.
This
is 61%
longer
than the same period one year ago.
MOBILE's median square footage for active listings during the 2023-02-01 period was 1,810 sqft. One year prior, the average listing was 1,753 sqft.
MOBILE's median square footage for active listings during the 2023-02-01 period was 1,810 sqft. One year prior, the average listing was 1,753 sqft.
MOBILE, AL Average Rent (2022)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 36505 | Mobile, AL | $860 | $900 | $1,120 | $1,490 | $1,620 |
| 36509 | Mobile, AL | $580 | $600 | $750 | $990 | $1,100 |
| 36512 | Mobile, AL | $670 | $700 | $870 | $1,160 | $1,260 |
| 36521 | Mobile, AL | $630 | $630 | $790 | $1,050 | $1,160 |
| 36522 | Mobile, AL | $620 | $620 | $770 | $1,020 | $1,140 |
| 36523 | Mobile, AL | $650 | $670 | $840 | $1,120 | $1,210 |
| 36525 | Mobile, AL | $600 | $630 | $780 | $1,040 | $1,130 |
| 36528 | Mobile, AL | $790 | $830 | $1,030 | $1,370 | $1,490 |
| 36541 | Mobile, AL | $850 | $890 | $1,110 | $1,480 | $1,600 |
| 36544 | Mobile, AL | $650 | $670 | $840 | $1,120 | $1,210 |
| 36560 | Mobile, AL | $580 | $600 | $750 | $990 | $1,100 |
| 36568 | Mobile, AL | $800 | $830 | $1,040 | $1,390 | $1,500 |
| 36571 | Mobile, AL | $690 | $720 | $900 | $1,200 | $1,300 |
| 36572 | Mobile, AL | $750 | $780 | $970 | $1,290 | $1,400 |
| 36575 | Mobile, AL | $660 | $690 | $860 | $1,150 | $1,240 |
| 36582 | Mobile, AL | $580 | $600 | $750 | $1,000 | $1,100 |
| 36587 | Mobile, AL | $730 | $760 | $950 | $1,270 | $1,370 |
| 36590 | Mobile, AL | $660 | $690 | $860 | $1,150 | $1,240 |
| 36601 | Mobile, AL | $660 | $690 | $860 | $1,150 | $1,240 |
| 36602 | Mobile, AL | $580 | $600 | $750 | $990 | $1,100 |
| 36603 | Mobile, AL | $580 | $600 | $750 | $990 | $1,100 |
| 36604 | Mobile, AL | $620 | $650 | $810 | $1,080 | $1,170 |
| 36605 | Mobile, AL | $650 | $680 | $850 | $1,130 | $1,230 |
| 36606 | Mobile, AL | $640 | $670 | $830 | $1,110 | $1,200 |
| 36607 | Mobile, AL | $620 | $650 | $810 | $1,080 | $1,170 |
| 36608 | Mobile, AL | $740 | $770 | $960 | $1,280 | $1,390 |
| 36609 | Mobile, AL | $620 | $650 | $810 | $1,080 | $1,170 |
| 36610 | Mobile, AL | $580 | $600 | $750 | $990 | $1,100 |
| 36611 | Mobile, AL | $700 | $730 | $910 | $1,210 | $1,320 |
| 36612 | Mobile, AL | $630 | $660 | $820 | $1,090 | $1,190 |
| 36613 | Mobile, AL | $650 | $670 | $840 | $1,120 | $1,210 |
| 36615 | Mobile, AL | $660 | $690 | $860 | $1,150 | $1,240 |
| 36616 | Mobile, AL | $580 | $600 | $750 | $990 | $1,100 |
| 36617 | Mobile, AL | $690 | $720 | $900 | $1,200 | $1,300 |
| 36618 | Mobile, AL | $670 | $700 | $870 | $1,160 | $1,260 |
| 36619 | Mobile, AL | $680 | $710 | $890 | $1,190 | $1,290 |
| 36633 | Mobile, AL | $660 | $690 | $860 | $1,150 | $1,240 |
| 36640 | Mobile, AL | $660 | $690 | $860 | $1,150 | $1,240 |
| 36652 | Mobile, AL | $660 | $690 | $860 | $1,150 | $1,240 |
| 36660 | Mobile, AL | $660 | $690 | $860 | $1,150 | $1,240 |
| 36663 | Mobile, AL | $660 | $690 | $860 | $1,150 | $1,240 |
| 36670 | Mobile, AL | $660 | $690 | $860 | $1,150 | $1,240 |
| 36671 | Mobile, AL | $660 | $690 | $860 | $1,150 | $1,240 |
| 36685 | Mobile, AL | $660 | $690 | $860 | $1,150 | $1,240 |
| 36688 | Mobile, AL | $740 | $770 | $960 | $1,280 | $1,390 |
| 36689 | Mobile, AL | $660 | $690 | $860 | $1,150 | $1,240 |
| 36691 | Mobile, AL | $660 | $690 | $860 | $1,150 | $1,240 |
| 36693 | Mobile, AL | $720 | $750 | $940 | $1,250 | $1,360 |
| 36695 | Mobile, AL | $810 | $840 | $1,050 | $1,400 | $1,520 |
2022 Average & Median Rent Data Statistics
MOBILE, AL average 1BR rent: $696, median: $690
MOBILE, AL average 2BR rent: $868, median: $860
MOBILE, AL average 3BR rent: $1,157, median: $1,150
MOBILE, AL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 6,614 | $1,383,460,000 | $209,171 |
| Refi | 4,625 | $856,775,000 | $185,249 |
| Cash Out Refi | 2,312 | $421,760,000 | $182,422 |
| Other | 440 | $40,020,000 | $90,955 |
| Home Improvement | 423 | $34,775,000 | $82,210 |
Mobile's most frequently cited loan purpose was Home Purchase, with 6,614 originations. The 2nd most popular reason was Refi, with 4,625 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 5,386 | $976,070,000 | $181,224 |
| 2.5-3% | 5,327 | $1,104,265,000 | $207,296 |
| <2.5% | 2,489 | $486,975,000 | $195,651 |
| 4-5% | 680 | $91,000,000 | $133,824 |
| 5-6% | 134 | $9,830,000 | $73,358 |
| Over 8% | 122 | $8,610,000 | $70,574 |
| 6-7% | 109 | $10,325,000 | $94,725 |
| 7-8% | 62 | $5,200,000 | $83,871 |
During 2021, Mobile's most frequently originated rate bucket was 3-4%, with 5,386 originations.
Loan Sizing (MOBILE, AL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 6,611 | $982,875,000 | $148,673 |
| $200k-400k | 4,362 | $1,154,980,000 | $264,782 |
| $100,000 or less | 2,796 | $179,630,000 | $64,245 |
| $400k-600k | 504 | $239,720,000 | $475,635 |
| $600k-1000k | 95 | $70,315,000 | $740,158 |
| $Over $1MM | 46 | $109,270,000 | $2,375,435 |
MOBILE's loan sizing saw the bucket of loans from $100k-200k with 6,611 originations, totaling $982,875,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 6,662 | $1,383,230,000 | $207,630 |
| 60-80% | 4,094 | $810,090,000 | $197,872 |
| 40-60% | 1,425 | $215,925,000 | $151,526 |
| 20-40% | 684 | $67,210,000 | $98,260 |
| Under 20% | 491 | $16,145,000 | $32,882 |
| Over 100% | 261 | $65,965,000 | $252,739 |
MOBILE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 6,662 originations, totaling $1,383,230,000 in origination value.