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 6.99% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 6.83% and one month ago for the week of 2024-03-07, the average rate was 6.99%.

Mobile's average rate one year ago was 6.39%.

For refis of the same type during the week of 2024-04-11, the average rate was 7.55%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Mobile 30 Year Fixed Rate 2024-04-11 6.99%
Mobile 30 Year Fixed Rate Refi 2024-04-11 7.55%
Mobile 15 Year Fixed Rate 2024-04-11 6.47%
Mobile 15 Year Fixed Rate Refi 2024-04-11 6.26%
Mobile 30 Year FHA 2024-04-11 6.66%
Mobile 30 Year FHA Refi 2024-04-11 6.54%
Mobile 30 Year USDA 2024-04-11 6.15%
Mobile 30 Year USDA Refi 2024-04-11 6.71%
Mobile 30 Year VA 2024-04-11 6.38%
Mobile 30 Year VA Refi 2024-04-11 6.77%
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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Trustmark National Bank 206 6.73% $4,032
QUICKEN LOANS, LLC 143 6.89% $6,019
Regions Bank 95 6.68% $4,467
BancorpSouth 82 6.56% $4,354
River Bank & Trust 80 7.26% $4,396
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 69 6.86% $6,285
DHI MORTGAGE COMPANY, LTD. 68 5.58% $1,688
GMFS LLC 61 6.65% $5,142
UNITED WHOLESALE MORTGAGE, LLC 60 6.81% $7,419
SWBC MORTGAGE CORPORATION 45 6.89% $3,118
EMBRACE HOME LOANS, INC. 41 6.83% $5,586
Renasant Bank 41 6.83% $4,222
First Federal Bank, A FSB 40 6.77% $5,142
UNION HOME MORTGAGE CORP. 33 7.01% $5,375
Wells Fargo Bank 32 6.42% $3,330
NAVY FEDERAL CREDIT UNION 32 7.08% $3,514
Hancock Whitney Bank 27 6.63% $3,197
First Horizon Bank 27 6.70% $4,295
Bank of England 23 6.79% $5,660
PNC Bank 23 6.88% $3,840
BankPlus 23 6.99% $4,245
FirstBank 22 7.45% $4,511
ServisFirst Bank 20 6.92% $3,597
Tyndall Federal Credit Union 20 6.61% $4,091
PENNYMAC LOAN SERVICES, LLC 20 6.39% $5,417
Prosperity Home Mortgage, LLC 18 6.77% $4,669
DIRECT MORTGAGE LOANS, LLC 18 6.96% $5,366
JPMorgan Chase Bank 16 6.87% $4,397
New Horizons Credit Union 16 5.84% $4,725
Community Bank of Mississippi 15 6.12% $3,278
Plains Commerce Bank 14 6.97% $5,398
NAVIGATOR CU 14 6.56% $3,787
MUTUAL OF OMAHA MORTGAGE, INC. 12 6.77% $5,373
Synovus Bank 11 6.64% $3,879
USAA Federal Savings Bank 11 6.22% $5,875
NEWREZ LLC 11 6.81% $5,647
CARDINAL FINANCIAL 11 7.03% $6,556
Mr. Cooper ( Nationstar Mortgage ) 10 6.68% $6,596
HOMETRUST MORTGAGE COMPANY 10 6.93% $4,130
AMERISAVE MORTGAGE CORPORATION 10 6.65% $9,727
STOCKTON MORTGAGE CORPORATION 9 7.36% $6,568
Mortgage Research Center, LLC 9 6.25% $4,173
PACIFIC RESIDENTIAL MORTGAGE, LLC 9 7.04% $5,758
MOVEMENT MORTGAGE, LLC 8 6.57% $3,849
Assurance Financial Group, L.L.C. 8 6.78% $5,887
Morgan Stanley Private Bank 8 5.83% $2,939
CROSSCOUNTRY MORTGAGE, LLC 7 7.14% $4,533
PHH Mortgage Corporation 7 6.75% $4,412
BROKER SOLUTIONS, INC. 7 7.37% $6,848
LOANDEPOT.COM, LLC 7 6.98% $6,344
VANDERBILT MORTGAGE AND FINANCE, INC. 6 8.25% $5,635
FREEDOM MORTGAGE CORPORATION 6 6.31% $10,124
SmartBank 6 6.81% $3,782
CHURCHILL MORTGAGE CORPORATION 6 7.25% $6,058
Stifel Bank and Trust 6 6.38% $2,554
CHEVRON 6 6.63% $2,447
Ally Bank 6 6.19% $5,695
PRIMELENDING, A PLAINSCAPITAL COMPANY 6 6.85% $5,623
ROYAL UNITED MORTGAGE LLC 6 7.13% $6,698
GUARANTEED RATE, INC. 5 6.19% $5,681
AmeriHome Mortgage Company, LLC 5 7.00% $5,909
Truist 5 6.70% $3,607
FIRST COMMUNITY MORTGAGE, INC. 5 6.43% $6,006
South State Bank 5 7.10% $3,549
ZILLOW HOME LOANS, LLC 5 6.80% $5,912
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 5 7.24% $4,155
Bank of America 5 6.70% $2,640
AVADIAN 5 6.28% $5,521
Merchants & Marine Bank 4 6.09% $2,701
Discover Bank 4 7.24% $0
THE MORTGAGE FIRM, INC. 4 6.62% $6,985
Princeton Mortgage Corporation 4 6.97% $4,416
ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 6.66% $4,925
PENTAGON FEDERAL CREDIT UNION 4 6.38% $3,723
HOMESTAR FINANCIAL CORPORATION 4 6.03% $3,359
NBKC BANK 4 6.65% $2,120
U.S. Bank 3 6.00% $1,335
BETTER MORTGAGE CORPORATION 3 5.96% $8,377
GUILD MORTGAGE COMPANY 3 7.04% $7,649
AMCAP MORTGAGE, LTD. 3 6.49% $4,529
Bryant Bank 3 6.25% $5,009
ALABAMA CREDIT UNION 3 5.42% $9,389
Flagstar Bank, FSB 3 6.46% $5,657
CMG MORTGAGE, INC. 3 6.21% $4,912
KEESLER 3 6.83% $3,152
Citizens Bank 2 6.50% $3,802
ALL IN 2 6.69% $1,940
AMERICAN INTERNET MORTGAGE, INC. 2 6.88% $6,325
AMERICA'S FIRST 2 6.50% $4,728
Ameris Bank 2 6.56% $5,305
ARC HOME LLC 2 9.81% $7,834
21ST MORTGAGE CORPORATION 2 7.49% $5,192
Consumer First Mortgage, Inc. 2 6.93% $5,472
DEEPHAVEN MORTGAGE LLC 2 9.00% $10,850
First-Citizens Bank & Trust Company 2 6.68% $3,290
First National Bank of America 2 9.19% $6,709
FirstTrust Home Loans, Inc. 2 6.31% $4,338
GUARANTEED RATE AFFINITY, LLC 2 6.84% $5,081
GUARANTY HOME MORTGAGE CORPORATION 2 7.06% $6,754
Hamilton Mortgage Corporation 2 6.25% $6,856
HOMESTEAD FUNDING CORP. 2 6.88% $3,157
LENDSURE MORTGAGE CORP. 2 8.50% $16,683
MORTGAGE INVESTORS GROUP, INC. 2 7.13% $2,653
Nations Lending Corporation 2 6.88% $4,081
OPEN MORTGAGE, LLC 2 7.00% $4,923
Pen Air Federal Credit Union 2 6.06% $4,352
REDSTONE Federal Credit Union 2 6.94% $2,798
RELIANCE FIRST CAPITAL, LLC 2 6.31% $10,879
The Federal Savings Bank 2 6.38% $7,200
The Huntington National Bank 2 6.44% $5,606
The Loan Store, Inc. 2 7.44% $6,515
Waterstone Mortgage Corporation 2 6.94% $7,817
HOMESIDE FINANCIAL, LLC 1 6.99% $4,249
Home Loan Investment Bank, F.S.B. 1 6.13% $3,532
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.13% $18,646
NFM, INC. 1 6.99% $6,386
NP, Inc. 1 11.87% $15,133
AMERICAN FINANCIAL NETWORK, INC. 1 7.50% $3,966
HARVESTERS FEDERAL CREDIT UNION 1 7.50% $3,048
Paramount Residential Mortgage Group, Inc. 1 7.88% $8,967
Alcova Mortgage LLC 1 6.38% $5,649
Gulf Winds Credit Union 1 5.75% $2,348
Gulf Coast Bank and Trust Company 1 7.63% $9,430
Grand Bank for Savings, FSB 1 9.75% $5,553
Pinnacle Bank 1 7.38% $2,228
Pinnacle Bank 1 7.38% $3,329
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.99% $4,198
PLANET HOME LENDING, LLC 1 7.75% $28,006
First Savings Bank 1 7.38% $2,628
PREMIA MORTGAGE, LLC 1 7.63% $4,659
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.88% $4,765
First Federal Bank 1 6.50% $2,694
First Farmers Bank and Trust Company 1 6.75% $2,684
EVERETT FINANCIAL, INC. 1 6.63% $3,670
EQUITY RESOURCES, INC. 1 6.75% $15,430
RBC Bank, (Georgia) 1 5.75% $2,163
Alabama One Credit Union 1 8.13% $4,758
EASTMAN 1 7.75% $3,323
Victorian Finance, LLC 1 7.63% $7,643
DRAPER AND KRAMER MORTGAGE CORP. 1 8.00% $9,668
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.88% $3,460
COUNTRYPLACE MORTGAGE, LTD. 1 7.30% $4,084
SeaTrust Mortgage Company 1 7.38% $4,929
Commercial Bank of Texas 1 6.88% $0
SHELTER HOME MORTGAGE, LLC 1 7.25% $4,274
CALIBER HOME LOANS, INC. 1 7.13% $4,303
BNC National Bank 1 6.00% $3,193
BLACK HILLS FEDERAL CREDIT UNION 1 6.50% $3,754
Bethpage Federal Credit Union 1 8.00% $3,691
SUN WEST MORTGAGE COMPANY, INC. 1 5.88% $5,470
Barrington Bank & Trust Company, N.A. 1 6.88% $2,440
Bank-Fund Staff Federal Credit Union 1 5.13% $2,495
ABSOLUTE HOME MORTGAGE CORPORATION 1 7.50% $4,017
A&D Mortgage LLC 1 6.88% $3,754
WesBanco 1 6.00% $4,530
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 7.50% $4,452
ASCEND FEDERAL CREDIT UNION 1 5.63% $3,370
APCO EMPLOYEES 1 6.25% $3,130
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 8.25% $9,970
AMERICAN HERITAGE LENDING, INC. 1 10.63% $12,639
United Community Bank 1 8.19% $3,576
MORIA DEVELOPMENT, INC. 1 6.88% $7,069
MORTGAGE FINANCIAL SERVICES, LLC 1 5.63% $5,744
AMERICAN FINANCING CORPORATION 1 6.25% $3,231
Metro City Bank 1 7.38% $5,559
Magnolia Bank 1 7.00% $3,365
LENOX FINANCIAL MORTGAGE CORPORATION 1 7.13% $12,656
LEADERONE FINANCIAL CORPORATION 1 7.13% $10,303
University Bank 1 7.88% $12,615
KELLER MORTGAGE, LLC 1 6.50% $3,339
ITHINK FINANCIAL Credit Union 1 7.88% $2,710

MOBILE Average Closing Costs & Other Stats

MOBILE, AL's 171 lenders originated 7,086 loans during 2023. The total origination value was $1,388,840,000, with an average loan value of $195,998.

MOBILE's average closing costs are $4,682.

The top MOBILE lender as defined by loan originations is Trustmark National Bank, with 206 loans originated. Their average total fees are $4,032, which is $1,986 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee MOBILE lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($1,688), SWBC MORTGAGE CORPORATION ($3,118), Hancock Whitney Bank ($3,197), Community Bank of Mississippi ($3,278) and Wells Fargo Bank ($3,330).

The lowest rate MOBILE lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.58%), New Horizons Credit Union (5.84%), Community Bank of Mississippi (6.12%), USAA Federal Savings Bank (6.22%) and PENNYMAC LOAN SERVICES, LLC (6.39%).

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Trustmark National Bank $144,800,000 $87,895,000 -39.3% 6.3%
DHI MORTGAGE COMPANY, LTD. $78,365,000 $84,380,000 7.7% 6.1%
QUICKEN LOANS, LLC $105,070,000 $74,065,000 -29.5% 5.3%
Regions Bank $82,940,000 $61,535,000 -25.8% 4.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $80,185,000 $49,600,000 -38.1% 3.6%
BancorpSouth $72,645,000 $45,270,000 -37.7% 3.3%
River Bank & Trust $31,760,000 $44,055,000 38.7% 3.2%
UNITED WHOLESALE MORTGAGE, LLC $50,170,000 $41,395,000 -17.5% 3.0%
EMBRACE HOME LOANS, INC. $54,545,000 $39,640,000 -27.3% 2.9%
PNC Bank $44,260,000 $31,775,000 -28.2% 2.3%
Mortgage Research Center, LLC $40,535,000 $31,670,000 -21.9% 2.3%
GMFS LLC $47,370,000 $29,495,000 -37.7% 2.1%
Renasant Bank $34,625,000 $26,890,000 -22.3% 1.9%
Hancock Whitney Bank $27,485,000 $24,860,000 -9.6% 1.8%
Community Bank of Mississippi $29,530,000 $23,970,000 -18.8% 1.7%
ServisFirst Bank $23,640,000 $23,375,000 -1.1% 1.7%
Arbor Realty Trust, Inc. $8,330,000 $21,005,000 152.2% 1.5%
Century Bank $8,930,000 $20,430,000 128.8% 1.5%
First Horizon Bank $43,910,000 $19,270,000 -56.1% 1.4%
SWBC MORTGAGE CORPORATION $19,010,000 $18,290,000 -3.8% 1.3%
NAVY FEDERAL CREDIT UNION $19,700,000 $18,025,000 -8.5% 1.3%
First Federal Bank, A FSB $18,460,000 $17,615,000 -4.6% 1.3%
BankPlus $8,620,000 $17,100,000 98.4% 1.2%
FirstBank $10,205,000 $15,405,000 51.0% 1.1%
The First, A National Banking Association $48,025,000 $14,475,000 -69.9% 1.0%
UNION HOME MORTGAGE CORP. $3,480,000 $14,020,000 302.9% 1.0%
ALL IN $14,930,000 $13,505,000 -9.5% 1.0%
Plains Commerce Bank $385,000 $12,060,000 3,032.5% 0.9%
PENNYMAC LOAN SERVICES, LLC $20,960,000 $11,905,000 -43.2% 0.9%
CARDINAL FINANCIAL $13,385,000 $11,370,000 -15.1% 0.8%
Bank of England $16,190,000 $11,355,000 -29.9% 0.8%
DIRECT MORTGAGE LOANS, LLC $17,435,000 $10,875,000 -37.6% 0.8%
MUTUAL OF OMAHA MORTGAGE, INC. $1,135,000 $9,580,000 744.1% 0.7%
FREEDOM MORTGAGE CORPORATION $19,530,000 $9,250,000 -52.6% 0.7%
Wells Fargo Bank $23,685,000 $9,085,000 -61.6% 0.7%
21ST MORTGAGE CORPORATION $5,860,000 $8,845,000 50.9% 0.6%
Flagstar Bank, FSB $8,705,000 $8,775,000 0.8% 0.6%
Prosperity Home Mortgage, LLC $6,970,000 $8,495,000 21.9% 0.6%
Tyndall Federal Credit Union $7,445,000 $8,330,000 11.9% 0.6%
BERKELEY POINT CAPITAL LLC $8,025,000 n/a 0.6%
New Horizons Credit Union $11,270,000 $7,860,000 -30.3% 0.6%
USAA Federal Savings Bank $10,240,000 $7,320,000 -28.5% 0.5%
HOMETRUST MORTGAGE COMPANY $12,085,000 $6,575,000 -45.6% 0.5%
MOVEMENT MORTGAGE, LLC $11,675,000 $6,500,000 -44.3% 0.5%
PACIFIC RESIDENTIAL MORTGAGE, LLC $9,045,000 $6,410,000 -29.1% 0.5%
LOANDEPOT.COM, LLC $18,865,000 $6,355,000 -66.3% 0.5%
STOCKTON MORTGAGE CORPORATION $255,000 $6,075,000 2,282.4% 0.4%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $14,805,000 $6,005,000 -59.4% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $17,135,000 $5,935,000 -65.4% 0.4%
GUARANTEED RATE, INC. $3,450,000 $5,700,000 65.2% 0.4%
CBRE MULTIFAMILY CAPITAL, INC. $5,685,000 n/a 0.4%
AMERISAVE MORTGAGE CORPORATION $11,480,000 $5,515,000 -52.0% 0.4%
NEWREZ LLC $5,955,000 $5,495,000 -7.7% 0.4%
Synovus Bank $6,525,000 $5,435,000 -16.7% 0.4%
PRIMELENDING, A PLAINSCAPITAL COMPANY $5,625,000 $5,390,000 -4.2% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $10,370,000 $5,240,000 -49.5% 0.4%
KEESLER $7,445,000 $4,855,000 -34.8% 0.3%
CMG MORTGAGE, INC. $10,990,000 $4,725,000 -57.0% 0.3%
JPMorgan Chase Bank $9,445,000 $4,655,000 -50.7% 0.3%
AMERICA'S FIRST $5,295,000 $4,620,000 -12.7% 0.3%
BROKER SOLUTIONS, INC. $7,285,000 $4,605,000 -36.8% 0.3%
Truist $8,720,000 $4,470,000 -48.7% 0.3%
Morgan Stanley Private Bank $5,875,000 $4,450,000 -24.3% 0.3%
Bryant Bank $3,630,000 $4,240,000 16.8% 0.3%
The Federal Savings Bank $1,905,000 $3,685,000 93.4% 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,880,000 $3,620,000 25.7% 0.3%
Bank of America $5,750,000 $3,555,000 -38.2% 0.3%
U.S. Bank $3,640,000 $3,470,000 -4.7% 0.2%
FIRST COMMUNITY MORTGAGE, INC. $14,660,000 $3,375,000 -77.0% 0.2%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $655,000 $3,355,000 412.2% 0.2%
SmartBank $5,350,000 $3,335,000 -37.7% 0.2%
APCO EMPLOYEES $4,125,000 $3,290,000 -20.2% 0.2%
Presidential Bank, FSB $7,915,000 $3,250,000 -58.9% 0.2%
Discover Bank $900,000 $3,245,000 260.6% 0.2%
NEW DAY FINANCIAL, LLC $3,805,000 $3,245,000 -14.7% 0.2%
NAVIGATOR CU $3,255,000 $3,215,000 -1.2% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $3,540,000 $3,070,000 -13.3% 0.2%
Equity Prime Mortgage LLC $175,000 $3,025,000 1,628.6% 0.2%
LIMA ONE CAPITAL, LLC $4,100,000 $2,950,000 -28.0% 0.2%
CHEVRON $2,990,000 $2,775,000 -7.2% 0.2%
First Federal Savings and Loan Association $3,900,000 $2,755,000 -29.4% 0.2%
Carrington Mortgage Services, LLC $3,825,000 $2,605,000 -31.9% 0.2%
AVADIAN $1,145,000 $2,435,000 112.7% 0.2%
LOANPAL, LLC $1,370,000 $2,420,000 76.6% 0.2%
Stifel Bank and Trust $800,000 $2,380,000 197.5% 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,930,000 $2,275,000 17.9% 0.2%
AMERICAN FINANCIAL NETWORK, INC. $2,195,000 n/a 0.2%
Paramount Residential Mortgage Group, Inc. $3,430,000 $2,185,000 -36.3% 0.2%
TRIAD FINANCIAL SERVICES, INC. $2,415,000 $2,160,000 -10.6% 0.2%
PENTAGON FEDERAL CREDIT UNION $3,600,000 $2,145,000 -40.4% 0.2%
MILEND, INC. $470,000 $2,135,000 354.3% 0.2%
Princeton Mortgage Corporation $685,000 $2,135,000 211.7% 0.2%
Merchants & Marine Bank $1,805,000 $1,980,000 9.7% 0.1%
Assurance Financial Group, L.L.C. $2,565,000 $1,970,000 -23.2% 0.1%
NFM, INC. $2,465,000 $1,965,000 -20.3% 0.1%
LAKEVIEW LOAN SERVICING, LLC $6,045,000 $1,945,000 -67.8% 0.1%
FBC MORTGAGE, LLC $1,935,000 n/a 0.1%
THE MORTGAGE FIRM, INC. $9,445,000 $1,820,000 -80.7% 0.1%
LENDINGHOME FUNDING CORPORATION $155,000 $1,775,000 1,045.2% 0.1%
PLANET HOME LENDING, LLC $990,000 $1,735,000 75.3% 0.1%
RELIANCE FIRST CAPITAL, LLC $1,665,000 $1,705,000 2.4% 0.1%
PHH Mortgage Corporation $815,000 $1,665,000 104.3% 0.1%
Barrington Bank & Trust Company, N.A. $2,430,000 $1,660,000 -31.7% 0.1%
Consumer First Mortgage, Inc. $845,000 $1,620,000 91.7% 0.1%
The Citizens Bank $1,535,000 n/a 0.1%
ALABAMA CREDIT UNION $1,165,000 $1,525,000 30.9% 0.1%
GUILD MORTGAGE COMPANY $1,460,000 $1,480,000 1.4% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $335,000 $1,470,000 338.8% 0.1%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $1,465,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $1,215,000 $1,460,000 20.2% 0.1%
United Community Bank $795,000 $1,415,000 78.0% 0.1%
Citizens Bank $2,960,000 $1,405,000 -52.5% 0.1%
South State Bank $1,885,000 $1,350,000 -28.4% 0.1%
CHURCHILL MORTGAGE CORPORATION $1,095,000 $1,320,000 20.5% 0.1%
Ally Bank $1,865,000 $1,315,000 -29.5% 0.1%
ZILLOW HOME LOANS, LLC $695,000 $1,285,000 84.9% 0.1%
ROYAL UNITED MORTGAGE LLC $900,000 $1,260,000 40.0% 0.1%
AmeriHome Mortgage Company, LLC $1,885,000 $1,220,000 -35.3% 0.1%
AMCAP MORTGAGE, LTD. $1,150,000 n/a 0.1%
LENDSURE MORTGAGE CORP. $1,305,000 $1,150,000 -11.9% 0.1%
DEEPHAVEN MORTGAGE LLC $315,000 $1,145,000 263.5% 0.1%
NBKC BANK $1,170,000 $1,145,000 -2.1% 0.1%
GUARANTEED RATE AFFINITY, LLC $475,000 $1,125,000 136.8% 0.1%
RF Renovo Management Company, LLC $1,125,000 n/a 0.1%
OPEN MORTGAGE, LLC $1,015,000 $1,095,000 7.9% 0.1%
HOMESTAR FINANCIAL CORPORATION $3,775,000 $1,085,000 -71.3% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $165,000 $1,070,000 548.5% 0.1%
Figure Lending LLC $1,065,000 $1,045,000 -1.9% 0.1%
AMERIFIRST BANK $1,040,000 n/a 0.1%
SOUTHWEST STAGE FUNDING, LLC $1,525,000 $1,030,000 -32.5% 0.1%
BETTER MORTGAGE CORPORATION $3,655,000 $1,020,000 -72.1% 0.1%
HOMESTEAD FUNDING CORP. $645,000 $995,000 54.3% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $1,025,000 $985,000 -3.9% 0.1%
REDSTONE Federal Credit Union $390,000 $975,000 150.0% 0.1%
CIS Financial Services, Inc. $135,000 $970,000 618.5% 0.1%
University Bank $955,000 n/a 0.1%
Northeast Bank $925,000 n/a 0.1%
First-Citizens Bank & Trust Company $890,000 n/a 0.1%
The Huntington National Bank $635,000 $890,000 40.2% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $1,045,000 $875,000 -16.3% 0.1%
LIBERTY HOME MORTGAGE CORPORATION $340,000 $860,000 152.9% 0.1%
Commerce Home Mortgage, Inc. $655,000 $845,000 29.0% 0.1%
FIDELITY BANK $435,000 $845,000 94.3% 0.1%
Hamilton Mortgage Corporation $145,000 $820,000 465.5% 0.1%
Ameris Bank $790,000 $780,000 -1.3% 0.1%
Stock Yards Bank & Trust Company $755,000 n/a 0.1%
BNC National Bank $135,000 $750,000 455.6% 0.1%
Nations Lending Corporation $2,570,000 $745,000 -71.0% 0.1%
MORTGAGE INVESTORS GROUP, INC. $2,030,000 $725,000 -64.3% 0.1%
TOP FLITE FINANCIAL, INC. $710,000 n/a 0.1%
First State Bank Nebraska $705,000 n/a 0.1%
DOMINION FINANCIAL SERVICES, LLC $480,000 $695,000 44.8% 0.1%
Coastal Community Bank $690,000 n/a 0.0%
KELLER MORTGAGE, LLC $1,635,000 $690,000 -57.8% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $370,000 $670,000 81.1% 0.0%
HOMESIDE FINANCIAL, LLC $1,505,000 $655,000 -56.5% 0.0%
Magnolia Bank $635,000 $655,000 3.1% 0.0%
A&D Mortgage LLC $215,000 $650,000 202.3% 0.0%
ARC HOME LLC $320,000 $645,000 101.6% 0.0%
Goldwater Bank, N.A. $175,000 $635,000 262.9% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $520,000 $600,000 15.4% 0.0%
Alabama Central Credit Union $2,095,000 $585,000 -72.1% 0.0%
Waterstone Mortgage Corporation $580,000 n/a 0.0%
Alabama One Credit Union $2,245,000 $570,000 -74.6% 0.0%
COUNTRYPLACE MORTGAGE, LTD. $55,000 $555,000 909.1% 0.0%
WesBanco $545,000 n/a 0.0%
BECKAM FUNDING CORP. $385,000 $540,000 40.3% 0.0%
NATIONS DIRECT MORTGAGE, LLC $240,000 $530,000 120.8% 0.0%
Gulf Winds Credit Union $85,000 $525,000 517.6% 0.0%
Pinnacle Bank $175,000 $525,000 200.0% 0.0%
SPRING EQ, LLC $595,000 $525,000 -11.8% 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $75,000 $520,000 593.3% 0.0%
AMERICAN HERITAGE LENDING, INC. $370,000 $505,000 36.5% 0.0%
The Central Trust Bank $430,000 $505,000 17.4% 0.0%
FINANCE OF AMERICA REVERSE LLC $730,000 $490,000 -32.9% 0.0%
First Savings Bank $2,540,000 $475,000 -81.3% 0.0%
HOMEXPRESS MORTGAGE CORP. $325,000 $475,000 46.2% 0.0%
SouthPoint Bank $1,395,000 $475,000 -65.9% 0.0%
LEADERONE FINANCIAL CORPORATION $135,000 $460,000 240.7% 0.0%
Independent Bank $455,000 n/a 0.0%
Pen Air Federal Credit Union $1,525,000 $455,000 -70.2% 0.0%
Family Security Credit Union $790,000 $450,000 -43.0% 0.0%
Citizens Bank & Trust Co $445,000 n/a 0.0%
First Security Bank $445,000 n/a 0.0%
CLEARPATH LENDING $490,000 $440,000 -10.2% 0.0%
CASTLE & COOKE MORTGAGE, LLC $195,000 $430,000 120.5% 0.0%
EVANSVILLE TEACHERS $205,000 $430,000 109.8% 0.0%
Gulf Coast Bank and Trust Company $225,000 $430,000 91.1% 0.0%
Ixonia Bank $295,000 $430,000 45.8% 0.0%
MID AMERICA MORTGAGE, INC. $1,085,000 $430,000 -60.4% 0.0%
EQUITY RESOURCES, INC. $425,000 n/a 0.0%
Great Plains National Bank $415,000 n/a 0.0%
LENDINGONE, LLC $655,000 $415,000 -36.6% 0.0%
First Federal Bank $1,390,000 $400,000 -71.2% 0.0%
Bank-Fund Staff Federal Credit Union $395,000 n/a 0.0%
M&T Bank $1,245,000 $395,000 -68.3% 0.0%
SOUTHEAST MORTGAGE OF GEORGIA, INC. $1,200,000 $390,000 -67.5% 0.0%
FCB Banks $385,000 n/a 0.0%
Guardian Credit Union $350,000 $380,000 8.6% 0.0%
Fifth Third Bank $340,000 $375,000 10.3% 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $860,000 $360,000 -58.1% 0.0%
OCMBC, INC. $355,000 n/a 0.0%
SHELTER HOME MORTGAGE, LLC $335,000 n/a 0.0%
Traditions Bank $335,000 n/a 0.0%
FirstTrust Home Loans, Inc. $320,000 n/a 0.0%
T2 FINANCIAL LLC $155,000 $315,000 103.2% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $915,000 $315,000 -65.6% 0.0%
The Loan Store, Inc. $310,000 n/a 0.0%
NP, Inc. $135,000 $305,000 125.9% 0.0%
SUMMIT FUNDING, INC. $305,000 n/a 0.0%
ASCEND FEDERAL CREDIT UNION $295,000 n/a 0.0%
THE MORTGAGE LINK, INC. $295,000 n/a 0.0%
EMM LOANS LLC $285,000 n/a 0.0%
Merchants Bank of Indiana $11,070,000 $285,000 -97.4% 0.0%
TOWNE MORTGAGE COMPANY $195,000 $285,000 46.2% 0.0%
Victorian Finance, LLC $245,000 $285,000 16.3% 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $290,000 $275,000 -5.2% 0.0%
S1L, Inc. $275,000 n/a 0.0%
TJC Mortgage, Inc. $500,000 $275,000 -45.0% 0.0%
United Bank $290,000 $270,000 -6.9% 0.0%
GREENSTATE CREDIT UNION $265,000 n/a 0.0%
HUNT MORTGAGE CORPORATION $265,000 n/a 0.0%
MLD MORTGAGE INC. $265,000 n/a 0.0%
United Fidelity Funding Corp. $265,000 n/a 0.0%
Bethpage Federal Credit Union $260,000 n/a 0.0%
Citizens Bank of Rogersville $255,000 n/a 0.0%
EVERETT FINANCIAL, INC. $2,965,000 $255,000 -91.4% 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $255,000 n/a 0.0%
Metro City Bank $145,000 $255,000 75.9% 0.0%
PREMIA MORTGAGE, LLC $255,000 n/a 0.0%
First Citizens Bank $245,000 n/a 0.0%
Home Bank $245,000 n/a 0.0%
MEMBER FIRST MORTGAGE, LLC $245,000 n/a 0.0%
Bank of Yazoo City $235,000 n/a 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $320,000 $235,000 -26.6% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $230,000 n/a 0.0%
First National Bank of America $230,000 n/a 0.0%
Logan Finance Corporation $655,000 $230,000 -64.9% 0.0%
Bankers Trust Company $75,000 $225,000 200.0% 0.0%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $1,220,000 $225,000 -81.6% 0.0%
HomePromise Corporation $225,000 n/a 0.0%
MORTGAGE FINANCIAL SERVICES, LLC $75,000 $225,000 200.0% 0.0%
PeoplesSouth Bank $225,000 n/a 0.0%
Legends Bank $215,000 n/a 0.0%
ON Q FINANCIAL, INC. $215,000 n/a 0.0%
Keystone Funding, Inc. $205,000 n/a 0.0%
Mid-Continent Funding, Inc. $1,285,000 $205,000 -84.0% 0.0%
MORIA DEVELOPMENT, INC. $205,000 n/a 0.0%
Pinnacle Bank $175,000 $205,000 17.1% 0.0%
First Federal Bank $1,390,000 $195,000 -86.0% 0.0%
LAND HOME FINANCIAL SERVICES, INC. $195,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $405,000 $195,000 -51.9% 0.0%
R M K FINANCIAL CORP. $195,000 n/a 0.0%
AlaTrust Credit Union $185,000 n/a 0.0%
AMWEST FUNDING CORP. $1,190,000 $185,000 -84.5% 0.0%
Centennial Bank $345,000 $185,000 -46.4% 0.0%
First Farmers Bank and Trust Company $185,000 n/a 0.0%
MAX Credit Union $920,000 $185,000 -79.9% 0.0%
BankFirst Financial Services $175,000 n/a 0.0%
Chickasaw Community Bank $145,000 $175,000 20.7% 0.0%
Evolve Bank & Trust $175,000 n/a 0.0%
First United Bank and Trust Company $380,000 $175,000 -53.9% 0.0%
RBC Bank, (Georgia) $175,000 n/a 0.0%
ALABAMA STATE EMPLOYEES CREDIT UNION $170,000 n/a 0.0%
GUARANTY HOME MORTGAGE CORPORATION $2,215,000 $170,000 -92.3% 0.0%
CALIBER HOME LOANS, INC. $29,150,000 $165,000 -99.4% 0.0%
Carrollton Bank $165,000 n/a 0.0%
Commercial Bank of Texas $165,000 n/a 0.0%
CONTOUR MORTGAGE CORPORATION $225,000 $165,000 -26.7% 0.0%
GENEVA FINANCIAL, LLC $1,230,000 $165,000 -86.6% 0.0%
OCEANSIDE MORTGAGE COMPANY $165,000 n/a 0.0%
Peoples Bank of Alabama $165,000 n/a 0.0%
Robertson Banking Company $165,000 n/a 0.0%
Willamette Valley Bank $165,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $155,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $240,000 $155,000 -35.4% 0.0%
AmRes Corporation $145,000 n/a 0.0%
SeaTrust Mortgage Company $145,000 n/a 0.0%
AMERICAN FINANCING CORPORATION $2,030,000 $135,000 -93.3% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $135,000 n/a 0.0%
Grand Bank for Savings, FSB $135,000 n/a 0.0%
EASTMAN $125,000 n/a 0.0%
Liberty Bank and Trust Company $120,000 n/a 0.0%
INTERCAP LENDING INC. $115,000 n/a 0.0%
West Alabama Bank & Trust $35,000 $110,000 214.3% 0.0%
Alcova Mortgage LLC $105,000 n/a 0.0%
Gateway First Bank $550,000 $105,000 -80.9% 0.0%
LONGBRIDGE FINANCIAL, LLC $105,000 n/a 0.0%
Northpointe Bank $555,000 $105,000 -81.1% 0.0%
PriorityOne Bank $500,000 $105,000 -79.0% 0.0%
BLACK HILLS FEDERAL CREDIT UNION $95,000 n/a 0.0%
CONSTRUCTIVE LOANS, LLC $95,000 n/a 0.0%
CSL Financial, LLC $700,000 $95,000 -86.4% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $505,000 $95,000 -81.2% 0.0%
Valley National Bank $95,000 n/a 0.0%
First National Bank $105,000 $90,000 -14.3% 0.0%
ITHINK FINANCIAL Credit Union $85,000 n/a 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $310,000 $85,000 -72.6% 0.0%
ABSOLUTE HOME MORTGAGE CORPORATION $75,000 n/a 0.0%
CITIZENS EQUITY FIRST $405,000 $75,000 -81.5% 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $75,000 n/a 0.0%
HARVESTERS FEDERAL CREDIT UNION $65,000 n/a 0.0%
Signature Federal Credit Union $85,000 $65,000 -23.5% 0.0%
ALLIANT CREDIT UNION $55,000 n/a 0.0%
CENTRAL CREDIT UNION OF FLORIDA $55,000 n/a 0.0%
Secured Investment Corp. $280,000 $55,000 -80.4% 0.0%
Deere Employees Credit Union $330,000 $35,000 -89.4% 0.0%
Mid-Missouri Bank $35,000 n/a 0.0%
First US Bank $25,000 n/a 0.0%

MOBILE's top lender by overall market share is Trustmark National Bank, with 6.3% market share. In second place, with 6.1%, is DHI MORTGAGE COMPANY, LTD., having originated $84,380,000 in loans. In third place, with 5.3%, is QUICKEN LOANS, LLC, having originated $74,065,000 in loans. In fourth place, with 4.4%, is Regions Bank, having originated $61,535,000 in loans. In fifth place, with 3.6%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $49,600,000 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 (6.8%) 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%) $238,242 (9.2%) 0.58 1,648
2018-07-01 $169,950 (2.7%) $236,377 (9.6%) 0.57 1,671
2018-08-01 $169,545 (-0.2%) $235,565 (8.1%) 0.57 1,652
2018-09-01 $164,900 (-0.1%) $230,997 (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%) $225,012 (4.6%) 0.54 1,449
2019-03-01 $165,900 (-1.8%) $234,038 (5.6%) 0.54 1,475
2019-04-01 $169,900 (0.3%) $241,242 (6.0%) 0.54 1,522
2019-05-01 $169,950 (-0.1%) $238,739 (-9.2%) 0.53 1,553
2019-06-01 $179,900 (2.9%) $244,849 (2.8%) 0.56 1,547
2019-07-01 $179,900 (5.9%) $244,990 (3.6%) 0.56 1,538
2019-08-01 $180,936 (6.7%) $242,231 (2.8%) 0.57 1,540
2019-09-01 $182,491 (10.7%) $242,750 (5.1%) 0.58 1,530
2019-10-01 $184,300 (11.5%) $243,096 (5.6%) 0.59 1,508
2019-11-01 $179,900 (9.0%) $241,701 (5.4%) 0.59 1,431
2019-12-01 $178,800 (9.8%) $233,671 (3.0%) 0.60 1,381
2020-01-01 $176,623 (10.5%) $232,366 (3.0%) 0.59 1,289
2020-02-01 $179,900 (12.5%) $236,600 (5.2%) 0.59 1,255
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 $205,000 (14.0%) $270,915 (10.7%) 0.60 979
2020-07-01 $207,050 (15.1%) $275,788 (12.6%) 0.60 845
2020-08-01 $208,500 (15.2%) $274,504 (13.3%) 0.60 795
2020-09-01 $210,201 (15.2%) $283,145 (16.6%) 0.60 778
2020-10-01 $212,000 (15.0%) $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 (16.9%) $278,918 (19.4%) 0.62 722
2021-01-01 $209,000 (18.3%) $276,173 (18.9%) 0.62 647
2021-02-01 $204,450 (13.7%) $287,686 (21.6%) 0.60 522
2021-03-01 $206,450 (9.6%) $285,006 (17.8%) 0.59 515
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 (2.0%) $287,536 (6.1%) 0.55 568
2021-07-01 $210,000 (1.4%) $283,036 (2.6%) 0.55 645
2021-08-01 $202,308 (-3.0%) $276,276 (0.7%) 0.54 791
2021-09-01 $199,900 (-4.9%) $279,383 (-1.3%) 0.53 761
2021-10-01 $199,225 (-6.0%) $287,762 (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%) $272,161 (-2.4%) 0.54 694
2022-01-01 $199,950 (-4.3%) $280,708 (1.6%) 0.54 609
2022-02-01 $204,600 (0.1%) $278,176 (-3.3%) 0.53 529
2022-03-01 $224,900 (8.9%) $292,819 (2.7%) 0.56 500
2022-04-01 $240,000 (17.4%) $311,951 (12.3%) 0.57 513
2022-05-01 $257,358 (29.2%) $312,711 (8.1%) 0.59 632
2022-06-01 $239,950 (14.8%) $299,903 (4.3%) 0.53 715
2022-07-01 $240,000 (14.3%) $297,143 (5.0%) 0.54 762
2022-08-01 $248,567 (22.9%) $305,198 (10.5%) 0.57 776
2022-09-01 $249,900 (25.0%) $311,698 (11.6%) 0.58 753
2022-10-01 $249,264 (25.1%) $317,051 (10.2%) 0.59 789
2022-11-01 $247,143 (26.1%) $317,135 (15.7%) 0.59 829
2022-12-01 $240,000 (20.0%) $313,203 (15.1%) 0.59 805
2023-01-01 $239,563 (19.8%) $317,474 (13.1%) 0.59 735
2023-02-01 $239,950 (17.3%) $319,587 (14.9%) 0.58 674
2023-03-01 $238,567 (6.1%) $317,158 (8.3%) 0.56 680
2023-04-01 $250,000 (4.2%) $328,470 (5.3%) 0.58 689
2023-05-01 $257,072 (-0.1%) $332,663 (6.4%) 0.58 697
2023-06-01 $263,250 (9.7%) $338,656 (12.9%) 0.59 696
2023-07-01 $259,950 (8.3%) $338,985 (14.1%) 0.59 758
2023-08-01 $254,950 (2.6%) $328,900 (7.8%) 0.59 811
2023-09-01 $255,000 (2.0%) $326,499 (4.8%) 0.59 867
2023-10-01 $250,000 (0.3%) $346,832 (9.4%) 0.59 951
2023-11-01 $249,825 (1.1%) $341,136 (7.6%) 0.59 1,026
2023-12-01 $249,900 (4.1%) $338,365 (8.0%) 0.61 1,039
2024-01-01 $249,450 (4.1%) $330,308 (4.0%) 0.61 1,003
2024-02-01 $249,950 (4.2%) $333,360 (4.3%) 0.60 1,025
2024-03-01 $259,000 (8.6%) $352,667 (11.2%) 0.61 1,011
MOBILE's median listing price for 2024-03-01 was $259,000, a difference of $20,433 (8.6%) versus the prior year and $9,050 versus the prior month.

MOBILE's median listing price comes in at 61% of the national average.

MOBILE's average listing price for 2024-03-01 was $352,667, a difference of $35,509 (11.2%) versus the prior year and $19,307 versus the prior month.

For the 2024-03-01 period, MOBILE had 1,011 MLS listings, a difference of -14 listings (-1%) versus the prior month and 331 listings (49%) 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 93 days 1,811 sqft
2018-02-01 89 days 1,825 sqft
2018-03-01 60 days 1,860 sqft
2018-04-01 60 days 1,866 sqft
2018-05-01 64 days 1,906 sqft
2018-06-01 67 days 1,930 sqft
2018-07-01 71 days 1,910 sqft
2018-08-01 68 days 1,894 sqft
2018-09-01 73 days 1,867 sqft
2018-10-01 75 days 1,858 sqft
2018-11-01 79 days 1,828 sqft
2018-12-01 85 days 1,809 sqft
2019-01-01 85 days 1,777 sqft
2019-02-01 81 days 1,787 sqft
2019-03-01 71 days 1,812 sqft
2019-04-01 59 days 1,827 sqft
2019-05-01 57 days 1,848 sqft
2019-06-01 61 days 1,914 sqft
2019-07-01 65 days 1,901 sqft
2019-08-01 66 days 1,900 sqft
2019-09-01 67 days 1,899 sqft
2019-10-01 68 days 1,899 sqft
2019-11-01 72 days 1,890 sqft
2019-12-01 78 days 1,873 sqft
2020-01-01 80 days 1,862 sqft
2020-02-01 68 days 1,900 sqft
2020-03-01 55 days 1,916 sqft
2020-04-01 58 days 1,897 sqft
2020-05-01 63 days 1,931 sqft
2020-06-01 58 days 1,952 sqft
2020-07-01 53 days 1,978 sqft
2020-08-01 47 days 2,001 sqft
2020-09-01 43 days 1,995 sqft
2020-10-01 53 days 2,025 sqft
2020-11-01 50 days 2,000 sqft
2020-12-01 54 days 1,964 sqft
2021-01-01 58 days 1,934 sqft
2021-02-01 47 days 1,930 sqft
2021-03-01 31 days 1,877 sqft
2021-04-01 28 days 1,806 sqft
2021-05-01 24 days 1,800 sqft
2021-06-01 26 days 1,819 sqft
2021-07-01 26 days 1,791 sqft
2021-08-01 29 days 1,735 sqft
2021-09-01 39 days 1,734 sqft
2021-10-01 43 days 1,726 sqft
2021-11-01 41 days 1,715 sqft
2021-12-01 43 days 1,733 sqft
2022-01-01 45 days 1,760 sqft
2022-02-01 36 days 1,763 sqft
2022-03-01 26 days 1,805 sqft
2022-04-01 28 days 1,798 sqft
2022-05-01 26 days 1,835 sqft
2022-06-01 30 days 1,785 sqft
2022-07-01 39 days 1,826 sqft
2022-08-01 42 days 1,861 sqft
2022-09-01 47 days 1,891 sqft
2022-10-01 46 days 1,894 sqft
2022-11-01 53 days 1,879 sqft
2022-12-01 60 days 1,830 sqft
2023-01-01 68 days 1,802 sqft
2023-02-01 59 days 1,810 sqft
2023-03-01 45 days 1,750 sqft
2023-04-01 41 days 1,840 sqft
2023-05-01 41 days 1,828 sqft
2023-06-01 45 days 1,862 sqft
2023-07-01 42 days 1,848 sqft
2023-08-01 40 days 1,820 sqft
2023-09-01 45 days 1,844 sqft
2023-10-01 46 days 1,829 sqft
2023-11-01 50 days 1,820 sqft
2023-12-01 59 days 1,814 sqft
2024-01-01 67 days 1,789 sqft
2024-02-01 64 days 1,791 sqft
2024-03-01 47 days 1,791 sqft
MOBILE's median listing age (time on market) for 2024-03-01 was 47 days. This is 6% longer than the same period one year ago.

MOBILE's median square footage for active listings during the 2024-03-01 period was 1,791 sqft. One year prior, the average listing was 1,750 sqft.

MOBILE, AL Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
36505 Mobile, AL HUD Metro FMR Area $940 $1,010 $1,250 $1,670 $1,770
36509 Mobile, AL HUD Metro FMR Area $610 $660 $820 $1,100 $1,160
36512 Mobile, AL HUD Metro FMR Area $740 $800 $990 $1,320 $1,400
36521 Mobile, AL HUD Metro FMR Area $650 $700 $870 $1,160 $1,230
36522 Mobile, AL HUD Metro FMR Area $650 $700 $860 $1,150 $1,230
36523 Mobile, AL HUD Metro FMR Area $730 $780 $970 $1,300 $1,380
36525 Mobile, AL HUD Metro FMR Area $660 $710 $880 $1,180 $1,250
36528 Mobile, AL HUD Metro FMR Area $890 $960 $1,190 $1,590 $1,690
36541 Mobile, AL HUD Metro FMR Area $940 $1,010 $1,260 $1,680 $1,790
36544 Mobile, AL HUD Metro FMR Area $700 $760 $940 $1,260 $1,330
36560 Mobile, AL HUD Metro FMR Area $650 $700 $870 $1,160 $1,230
36568 Mobile, AL HUD Metro FMR Area $880 $950 $1,180 $1,570 $1,670
36571 Mobile, AL HUD Metro FMR Area $730 $790 $980 $1,310 $1,390
36572 Mobile, AL HUD Metro FMR Area $830 $890 $1,110 $1,480 $1,580
36575 Mobile, AL HUD Metro FMR Area $740 $800 $990 $1,320 $1,410
36582 Mobile, AL HUD Metro FMR Area $630 $680 $840 $1,120 $1,190
36587 Mobile, AL HUD Metro FMR Area $730 $780 $970 $1,300 $1,380
36590 Mobile, AL HUD Metro FMR Area $740 $800 $990 $1,320 $1,410
36601 Mobile, AL HUD Metro FMR Area $740 $800 $990 $1,320 $1,410
36602 Mobile, AL HUD Metro FMR Area $600 $640 $790 $1,060 $1,120
36603 Mobile, AL HUD Metro FMR Area $600 $630 $780 $1,040 $1,120
36604 Mobile, AL HUD Metro FMR Area $680 $730 $910 $1,220 $1,290
36605 Mobile, AL HUD Metro FMR Area $730 $780 $970 $1,300 $1,380
36606 Mobile, AL HUD Metro FMR Area $730 $780 $970 $1,300 $1,380
36607 Mobile, AL HUD Metro FMR Area $700 $760 $940 $1,260 $1,330
36608 Mobile, AL HUD Metro FMR Area $830 $890 $1,110 $1,480 $1,580
36609 Mobile, AL HUD Metro FMR Area $700 $750 $930 $1,240 $1,320
36610 Mobile, AL HUD Metro FMR Area $610 $650 $810 $1,080 $1,150
36611 Mobile, AL HUD Metro FMR Area $760 $810 $1,010 $1,350 $1,430
36612 Mobile, AL HUD Metro FMR Area $650 $700 $870 $1,160 $1,230
36613 Mobile, AL HUD Metro FMR Area $770 $830 $1,030 $1,380 $1,460
36615 Mobile, AL HUD Metro FMR Area $740 $800 $990 $1,320 $1,410
36616 Mobile, AL HUD Metro FMR Area $610 $650 $810 $1,080 $1,150
36617 Mobile, AL HUD Metro FMR Area $790 $850 $1,060 $1,420 $1,500
36618 Mobile, AL HUD Metro FMR Area $800 $860 $1,070 $1,430 $1,520
36619 Mobile, AL HUD Metro FMR Area $750 $800 $1,000 $1,340 $1,420
36633 Mobile, AL HUD Metro FMR Area $740 $800 $990 $1,320 $1,410
36640 Mobile, AL HUD Metro FMR Area $740 $800 $990 $1,320 $1,410
36652 Mobile, AL HUD Metro FMR Area $740 $800 $990 $1,320 $1,410
36660 Mobile, AL HUD Metro FMR Area $740 $800 $990 $1,320 $1,410
36663 Mobile, AL HUD Metro FMR Area $740 $800 $990 $1,320 $1,410
36670 Mobile, AL HUD Metro FMR Area $740 $800 $990 $1,320 $1,410
36671 Mobile, AL HUD Metro FMR Area $740 $800 $990 $1,320 $1,410
36685 Mobile, AL HUD Metro FMR Area $740 $800 $990 $1,320 $1,410
36688 Mobile, AL HUD Metro FMR Area $740 $800 $990 $1,320 $1,410
36689 Mobile, AL HUD Metro FMR Area $740 $800 $990 $1,320 $1,410
36691 Mobile, AL HUD Metro FMR Area $740 $800 $990 $1,320 $1,410
36693 Mobile, AL HUD Metro FMR Area $790 $850 $1,060 $1,420 $1,500
36695 Mobile, AL HUD Metro FMR Area $890 $960 $1,190 $1,590 $1,690

2022 Average & Median Rent Data Statistics
MOBILE, AL average 1BR rent: $792, median: $800
MOBILE, AL average 2BR rent: $982, median: $990
MOBILE, AL average 3BR rent: $1,312, median: $1,320

MOBILE, AL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 4,347 $1,000,415,000 $230,139
Cash Out Refi 814 $160,070,000 $196,646
Other 772 $66,950,000 $86,723
Refi 649 $123,115,000 $189,700
Home Improvement 504 $38,290,000 $75,972

Mobile's most frequently cited loan purpose was Home Purchase, with 4,347 originations. The 2nd most popular reason was Cash Out Refi, with 814 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 2,362 $500,600,000 $211,939
7-8% 1,533 $294,215,000 $191,921
Over 8% 1,529 $175,795,000 $114,974
5-6% 1,220 $312,120,000 $255,836
4-5% 236 $60,640,000 $256,949
<2.5% 42 $3,290,000 $78,333
3-4% 27 $3,295,000 $122,037
2.5-3% 14 $2,740,000 $195,714

During 2023, Mobile's most frequently originated rate bucket was 6-7%, with 2,362 originations.

Loan Sizing (MOBILE, AL MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 2,311 $345,495,000 $149,500
$200k-400k 2,303 $621,635,000 $269,924
$100,000 or less 2,029 $112,125,000 $55,261
$400k-600k 311 $146,095,000 $469,759
$600k-1000k 104 $74,480,000 $716,154
$Over $1MM 28 $89,010,000 $3,178,929

MOBILE's loan sizing saw the bucket of loans from $100k-200k with 2,311 originations, totaling $345,495,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 3,357 $788,855,000 $234,988
60-80% 1,239 $314,725,000 $254,015
20-40% 820 $77,710,000 $94,768
Under 20% 775 $31,705,000 $40,910
40-60% 553 $89,985,000 $162,722
Over 100% 163 $43,045,000 $264,080

MOBILE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,357 originations, totaling $788,855,000 in origination value.