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
7.18%
for the week of 2025-05-22, compared to the national average of
6.86% for the same period.
The average rate for the prior week (2025-05-15) was
7.13% and
one month ago for the week of 2025-04-17, the
average rate was 7.05%.
Mobile's average rate one year ago was 6.94%.
For refis of the same type during the week of 2025-05-22, the average rate
was 7.22%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-05-22 | 6.86% |
| Mobile 30 Year Fixed Rate | 2025-05-22 | 7.18% |
| Mobile 30 Year Fixed Rate Refi | 2025-05-22 | 7.22% |
| Mobile 15 Year Fixed Rate | 2025-05-22 | 6.75% |
| Mobile 15 Year Fixed Rate Refi | 2025-05-22 | 6.01% |
| Mobile 30 Year FHA | 2025-05-22 | 6.57% |
| Mobile 30 Year FHA Refi | 2025-05-22 | 6.33% |
| Mobile 30 Year USDA | 2025-05-22 | 6.07% |
| Mobile 30 Year USDA Refi | 2025-05-22 | 6.53% |
| Mobile 30 Year VA | 2025-05-22 | 6.68% |
| Mobile 30 Year VA Refi | 2025-05-22 | 6.26% |
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 176 lenders originated 7,507
loans during 2024. The total origination value was $1,479,825,000, with an average loan value of
$197,126.
MOBILE's average closing costs are $4,888.
The top MOBILE lender as defined by loan originations is QUICKEN LOANS, LLC, with
200 loans originated. Their average total fees are
$5,559, which is $1,503
higher than the next largest lender,
Trustmark National Bank.
The lowest fee MOBILE lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. ($1,818), Community Bank of Mississippi ($2,840), SWBC MORTGAGE CORPORATION ($2,858), BankPlus ($3,289) and GMFS LLC ($3,542).
The lowest rate MOBILE lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (5.47%), New Horizons Credit Union (5.62%), NAVIGATOR CU (6.23%), TOWNE MORTGAGE COMPANY (6.36%) and LOANDEPOT.COM, LLC (6.40%).
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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $74,065,000 | $95,610,000 | 29.1% | 6.5% |
| DHI MORTGAGE COMPANY, LTD. | $84,380,000 | $91,030,000 | 7.9% | 6.2% |
| Trustmark National Bank | $87,895,000 | $81,125,000 | -7.7% | 5.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $41,395,000 | $49,805,000 | 20.3% | 3.4% |
| EMBRACE HOME LOANS, INC. | $39,640,000 | $48,585,000 | 22.6% | 3.3% |
| Regions Bank | $61,535,000 | $46,435,000 | -24.5% | 3.1% |
| GMFS LLC | $29,495,000 | $45,560,000 | 54.5% | 3.1% |
| Mortgage Research Center, LLC | $31,670,000 | $37,360,000 | 18.0% | 2.5% |
| Arbor Realty Trust, Inc. | $21,005,000 | $33,010,000 | 57.2% | 2.2% |
| BancorpSouth | $45,270,000 | $32,750,000 | -27.7% | 2.2% |
| River Bank & Trust | $44,055,000 | $30,585,000 | -30.6% | 2.1% |
| UNION HOME MORTGAGE CORP. | $14,020,000 | $28,710,000 | 104.8% | 1.9% |
| TOWNE MORTGAGE COMPANY | $285,000 | $25,015,000 | 8,677.2% | 1.7% |
| Community Bank of Mississippi | $23,970,000 | $24,950,000 | 4.1% | 1.7% |
| Hancock Whitney Bank | $24,860,000 | $23,040,000 | -7.3% | 1.6% |
| PNC Bank | $31,775,000 | $22,510,000 | -29.2% | 1.5% |
| FREEDOM MORTGAGE CORPORATION | $9,250,000 | $21,845,000 | 136.2% | 1.5% |
| BankPlus | $17,100,000 | $21,735,000 | 27.1% | 1.5% |
| ALL IN | $13,505,000 | $20,825,000 | 54.2% | 1.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $49,600,000 | $20,745,000 | -58.2% | 1.4% |
| First Federal Bank, A FSB | $17,615,000 | $19,255,000 | 9.3% | 1.3% |
| NAVY FEDERAL CREDIT UNION | $18,025,000 | $18,660,000 | 3.5% | 1.3% |
| STOCKTON MORTGAGE CORPORATION | $6,075,000 | $18,455,000 | 203.8% | 1.2% |
| SWBC MORTGAGE CORPORATION | $18,290,000 | $18,410,000 | 0.7% | 1.2% |
| Renasant Bank | $26,890,000 | $18,210,000 | -32.3% | 1.2% |
| BROKER SOLUTIONS, INC. | $4,605,000 | $16,270,000 | 253.3% | 1.1% |
| The First, A National Banking Association | $14,475,000 | $15,680,000 | 8.3% | 1.1% |
| PENNYMAC LOAN SERVICES, LLC | $11,905,000 | $14,750,000 | 23.9% | 1.0% |
| First Horizon Bank | $19,270,000 | $13,905,000 | -27.8% | 0.9% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $9,580,000 | $12,430,000 | 29.7% | 0.8% |
| New Horizons Credit Union | $7,860,000 | $12,270,000 | 56.1% | 0.8% |
| ServisFirst Bank | $23,375,000 | $12,005,000 | -48.6% | 0.8% |
| Tyndall Federal Credit Union | $8,330,000 | $11,980,000 | 43.8% | 0.8% |
| BERKELEY POINT CAPITAL LLC | $8,025,000 | $11,635,000 | 45.0% | 0.8% |
| Bank of England | $11,355,000 | $11,475,000 | 1.1% | 0.8% |
| DIRECT MORTGAGE LOANS, LLC | $10,875,000 | $11,370,000 | 4.6% | 0.8% |
| Truist | $4,470,000 | $10,785,000 | 141.3% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $5,935,000 | $10,660,000 | 79.6% | 0.7% |
| Bryant Bank | $4,240,000 | $10,275,000 | 142.3% | 0.7% |
| FirstBank | $15,405,000 | $9,675,000 | -37.2% | 0.7% |
| Flagstar Bank, FSB | $8,775,000 | $9,510,000 | 8.4% | 0.6% |
| LOANDEPOT.COM, LLC | $6,355,000 | $9,350,000 | 47.1% | 0.6% |
| 21ST MORTGAGE CORPORATION | $8,845,000 | $9,250,000 | 4.6% | 0.6% |
| NEWREZ LLC | $5,495,000 | $8,620,000 | 56.9% | 0.6% |
| MOVEMENT MORTGAGE, LLC | $6,500,000 | $8,605,000 | 32.4% | 0.6% |
| Prosperity Home Mortgage, LLC | $8,495,000 | $7,765,000 | -8.6% | 0.5% |
| Wells Fargo Bank | $9,085,000 | $7,400,000 | -18.5% | 0.5% |
| Plains Commerce Bank | $12,060,000 | $7,270,000 | -39.7% | 0.5% |
| JPMorgan Chase Bank | $4,655,000 | $7,210,000 | 54.9% | 0.5% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $3,070,000 | $6,045,000 | 96.9% | 0.4% |
| Century Bank | $20,430,000 | $5,975,000 | -70.8% | 0.4% |
| Princeton Mortgage Corporation | $2,135,000 | $5,650,000 | 164.6% | 0.4% |
| USAA Federal Savings Bank | $7,320,000 | $5,595,000 | -23.6% | 0.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $5,240,000 | $5,555,000 | 6.0% | 0.4% |
| NAVIGATOR CU | $3,215,000 | $5,145,000 | 60.0% | 0.3% |
| Bank of America | $3,555,000 | $5,045,000 | 41.9% | 0.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $3,620,000 | $4,845,000 | 33.8% | 0.3% |
| CARDINAL FINANCIAL | $11,370,000 | $4,585,000 | -59.7% | 0.3% |
| VILLAGE CAPITAL MORTGAGE | $1,460,000 | $4,560,000 | 212.3% | 0.3% |
| KEESLER | $4,855,000 | $4,325,000 | -10.9% | 0.3% |
| LOANPAL, LLC | $2,420,000 | $4,120,000 | 70.2% | 0.3% |
| MID AMERICA MORTGAGE, INC. | $430,000 | $4,085,000 | 850.0% | 0.3% |
| AMERICA'S FIRST | $4,620,000 | $3,850,000 | -16.7% | 0.3% |
| LENDINGHOME FUNDING CORPORATION | $1,775,000 | $3,725,000 | 109.9% | 0.3% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,070,000 | $3,700,000 | 245.8% | 0.3% |
| Carrington Mortgage Services, LLC | $2,605,000 | $3,610,000 | 38.6% | 0.2% |
| American Mortgage Bank, LLC | $3,575,000 | n/a | 0.2% | |
| FBC MORTGAGE, LLC | $1,935,000 | $3,515,000 | 81.7% | 0.2% |
| GUARANTEED RATE, INC. | $5,700,000 | $3,510,000 | -38.4% | 0.2% |
| AMWEST FUNDING CORP. | $185,000 | $3,500,000 | 1,791.9% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $1,945,000 | $3,395,000 | 74.6% | 0.2% |
| NEW DAY FINANCIAL, LLC | $3,245,000 | $3,395,000 | 4.6% | 0.2% |
| DOMINION FINANCIAL SERVICES, LLC | $695,000 | $3,260,000 | 369.1% | 0.2% |
| Morgan Stanley Private Bank | $4,450,000 | $3,035,000 | -31.8% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $2,145,000 | $2,920,000 | 36.1% | 0.2% |
| NFM, INC. | $1,965,000 | $2,895,000 | 47.3% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $2,185,000 | $2,830,000 | 29.5% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $5,515,000 | $2,785,000 | -49.5% | 0.2% |
| FIRST COMMUNITY MORTGAGE, INC. | $3,375,000 | $2,785,000 | -17.5% | 0.2% |
| AmeriHome Mortgage Company, LLC | $1,220,000 | $2,735,000 | 124.2% | 0.2% |
| Synovus Bank | $5,435,000 | $2,725,000 | -49.9% | 0.2% |
| Figure Lending LLC | $1,045,000 | $2,715,000 | 159.8% | 0.2% |
| SmartBank | $3,335,000 | $2,575,000 | -22.8% | 0.2% |
| United Community Bank | $1,415,000 | $2,510,000 | 77.4% | 0.2% |
| PLANET HOME LENDING, LLC | $1,735,000 | $2,500,000 | 44.1% | 0.2% |
| MILEND, INC. | $2,135,000 | $2,465,000 | 15.5% | 0.2% |
| Discover Bank | $3,245,000 | $2,445,000 | -24.7% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $2,195,000 | $2,370,000 | 8.0% | 0.2% |
| CHEVRON | $2,775,000 | $2,355,000 | -15.1% | 0.2% |
| LIMA ONE CAPITAL, LLC | $2,950,000 | $2,300,000 | -22.0% | 0.2% |
| AMERICAN FINANCIAL RESOURCES, INC. | $600,000 | $2,290,000 | 281.7% | 0.2% |
| CMG MORTGAGE, INC. | $4,725,000 | $2,290,000 | -51.5% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,275,000 | $2,265,000 | -0.4% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $2,160,000 | $2,255,000 | 4.4% | 0.2% |
| PHH Mortgage Corporation | $1,665,000 | $2,215,000 | 33.0% | 0.1% |
| NBKC BANK | $1,145,000 | $2,085,000 | 82.1% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $2,060,000 | n/a | 0.1% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $5,390,000 | $2,040,000 | -62.2% | 0.1% |
| First Federal Savings and Loan Association | $2,755,000 | $2,020,000 | -26.7% | 0.1% |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $2,015,000 | n/a | 0.1% | |
| Consumer First Mortgage, Inc. | $1,620,000 | $1,980,000 | 22.2% | 0.1% |
| A&D Mortgage LLC | $650,000 | $1,915,000 | 194.6% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $985,000 | $1,895,000 | 92.4% | 0.1% |
| AVADIAN | $2,435,000 | $1,710,000 | -29.8% | 0.1% |
| CANOPY MORTGAGE, LLC | $1,705,000 | n/a | 0.1% | |
| MORTGAGE INVESTORS GROUP, INC. | $725,000 | $1,665,000 | 129.7% | 0.1% |
| City National Bank of Florida | $1,660,000 | n/a | 0.1% | |
| APCO EMPLOYEES | $3,290,000 | $1,655,000 | -49.7% | 0.1% |
| Citibank | $1,645,000 | n/a | 0.1% | |
| U.S. Bank | $3,470,000 | $1,640,000 | -52.7% | 0.1% |
| BRIGHTSTAR | $1,635,000 | n/a | 0.1% | |
| Northpointe Bank | $105,000 | $1,600,000 | 1,423.8% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $1,030,000 | $1,500,000 | 45.6% | 0.1% |
| Raymond James Bank | $1,480,000 | n/a | 0.1% | |
| PLAZA HOME MORTGAGE, INC. | $1,440,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $1,320,000 | $1,425,000 | 8.0% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $1,260,000 | $1,420,000 | 12.7% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $1,660,000 | $1,345,000 | -19.0% | 0.1% |
| ENDEAVOR CAPITAL, LLC. | $1,340,000 | n/a | 0.1% | |
| TOP FLITE FINANCIAL, INC. | $710,000 | $1,340,000 | 88.7% | 0.1% |
| Hometown Equity Mortgage, LLC | $1,335,000 | n/a | 0.1% | |
| Old Missouri Bank | $1,335,000 | n/a | 0.1% | |
| GUILD MORTGAGE COMPANY | $1,480,000 | $1,290,000 | -12.8% | 0.1% |
| Hamilton Mortgage Corporation | $820,000 | $1,280,000 | 56.1% | 0.1% |
| Nations Lending Corporation | $745,000 | $1,265,000 | 69.8% | 0.1% |
| Alabama One Credit Union | $570,000 | $1,255,000 | 120.2% | 0.1% |
| NORWICH COMMERCIAL GROUP, INC. | $1,240,000 | n/a | 0.1% | |
| HOMETRUST MORTGAGE COMPANY | $6,575,000 | $1,215,000 | -81.5% | 0.1% |
| CLEARPATH LENDING | $440,000 | $1,190,000 | 170.5% | 0.1% |
| Chickasaw Community Bank | $175,000 | $1,155,000 | 560.0% | 0.1% |
| Equity Prime Mortgage LLC | $3,025,000 | $1,150,000 | -62.0% | 0.1% |
| ZILLOW HOME LOANS, LLC | $1,285,000 | $1,150,000 | -10.5% | 0.1% |
| 1ST SIGNATURE LENDING, LLC | $1,135,000 | n/a | 0.1% | |
| First South Farm Credit, ACA | $1,110,000 | n/a | 0.1% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $315,000 | $1,110,000 | 252.4% | 0.1% |
| NexBank | $1,090,000 | n/a | 0.1% | |
| HOPE FEDERAL CREDIT UNION | $1,080,000 | n/a | 0.1% | |
| Lakeview Community Capital, LLC | $1,080,000 | n/a | 0.1% | |
| BETTER MORTGAGE CORPORATION | $1,020,000 | $1,060,000 | 3.9% | 0.1% |
| JMAC LENDING, INC. | $1,060,000 | n/a | 0.1% | |
| FineMark National Bank & Trust | $1,055,000 | n/a | 0.1% | |
| RADIUS FINANCIAL GROUP INC. | $1,055,000 | n/a | 0.1% | |
| United Bank | $270,000 | $1,055,000 | 290.7% | 0.1% |
| The Federal Savings Bank | $3,685,000 | $1,050,000 | -71.5% | 0.1% |
| S1L, Inc. | $275,000 | $1,040,000 | 278.2% | 0.1% |
| Magnolia Bank | $655,000 | $1,015,000 | 55.0% | 0.1% |
| Assurance Financial Group, L.L.C. | $1,970,000 | $1,000,000 | -49.2% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $530,000 | $1,000,000 | 88.7% | 0.1% |
| STAUNTON FINANCIAL, INC. | $995,000 | n/a | 0.1% | |
| Stifel Bank and Trust | $2,380,000 | $990,000 | -58.4% | 0.1% |
| Residential Acceptance Corporation | $975,000 | n/a | 0.1% | |
| Academy Bank | $950,000 | n/a | 0.1% | |
| OPEN MORTGAGE, LLC | $1,095,000 | $930,000 | -15.1% | 0.1% |
| Goldwater Bank, N.A. | $635,000 | $925,000 | 45.7% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $475,000 | $920,000 | 93.7% | 0.1% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $1,465,000 | $915,000 | -37.5% | 0.1% |
| Armed Forces Bank | $895,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $135,000 | $865,000 | 540.7% | 0.1% |
| ALLIANT CREDIT UNION | $55,000 | $860,000 | 1,463.6% | 0.1% |
| Centennial Bank | $185,000 | $860,000 | 364.9% | 0.1% |
| Merchants & Marine Bank | $1,980,000 | $855,000 | -56.8% | 0.1% |
| The Loan Store, Inc. | $310,000 | $845,000 | 172.6% | 0.1% |
| University Bank | $955,000 | $845,000 | -11.5% | 0.1% |
| GENEVA FINANCIAL, LLC | $165,000 | $835,000 | 406.1% | 0.1% |
| Mid-Continent Funding, Inc. | $205,000 | $825,000 | 302.4% | 0.1% |
| LENDINGONE, LLC | $415,000 | $815,000 | 96.4% | 0.1% |
| BankFirst Financial Services | $175,000 | $810,000 | 362.9% | 0.1% |
| THE MORTGAGE FIRM, INC. | $1,820,000 | $805,000 | -55.8% | 0.1% |
| North American Savings Bank, F.S.B. | $795,000 | n/a | 0.1% | |
| Coastal Community Bank | $690,000 | $790,000 | 14.5% | 0.1% |
| Ameris Bank | $780,000 | $780,000 | 0.0% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $1,125,000 | $765,000 | -32.0% | 0.1% |
| MICHIGAN MUTUAL, INC. | $765,000 | n/a | 0.1% | |
| EVANSVILLE TEACHERS | $430,000 | $755,000 | 75.6% | 0.1% |
| POLARIS HOME FUNDING CORP. | $755,000 | n/a | 0.1% | |
| Cornerstone First Mortgage, Inc | $730,000 | n/a | 0.0% | |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $730,000 | n/a | 0.0% | |
| Presidential Bank, FSB | $3,250,000 | $705,000 | -78.3% | 0.0% |
| GEORGIA'S OWN | $695,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $460,000 | $680,000 | 47.8% | 0.0% |
| Texana Bank | $675,000 | n/a | 0.0% | |
| First Federal Bank | $195,000 | $670,000 | 243.6% | 0.0% |
| CIS Financial Services, Inc. | $970,000 | $660,000 | -32.0% | 0.0% |
| REDSTONE Federal Credit Union | $975,000 | $660,000 | -32.3% | 0.0% |
| Associated Credit Union | $650,000 | n/a | 0.0% | |
| Farmers Bank & Trust | $650,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $860,000 | $645,000 | -25.0% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $1,705,000 | $610,000 | -64.2% | 0.0% |
| Citizens Bank | $1,405,000 | $605,000 | -56.9% | 0.0% |
| ARC HOME LLC | $645,000 | $600,000 | -7.0% | 0.0% |
| Citadel Servicing Corporation | $595,000 | n/a | 0.0% | |
| MORTGAGE FINANCIAL SERVICES, LLC | $225,000 | $575,000 | 155.6% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $505,000 | $570,000 | 12.9% | 0.0% |
| ALABAMA CREDIT UNION | $1,525,000 | $565,000 | -63.0% | 0.0% |
| Goldman Sachs Bank USA | $565,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $255,000 | $555,000 | 117.6% | 0.0% |
| FIRST COLONY MORTGAGE CORPORATION | $550,000 | n/a | 0.0% | |
| SOUTHWEST FUNDING, LP | $530,000 | n/a | 0.0% | |
| NEXERA HOLDING LLC | $525,000 | n/a | 0.0% | |
| FUNDLOANS CAPITAL | $495,000 | n/a | 0.0% | |
| Origin Bank | $495,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $995,000 | $490,000 | -50.8% | 0.0% |
| Capital City Home Loans, LLC | $485,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP | $485,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $235,000 | $475,000 | 102.1% | 0.0% |
| The Huntington National Bank | $890,000 | $475,000 | -46.6% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $490,000 | $460,000 | -6.1% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $1,145,000 | $455,000 | -60.3% | 0.0% |
| Pen Air Federal Credit Union | $455,000 | $455,000 | 0.0% | 0.0% |
| SPRING EQ, LLC | $525,000 | $450,000 | -14.3% | 0.0% |
| PREMIA MORTGAGE, LLC | $255,000 | $445,000 | 74.5% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $195,000 | $440,000 | 125.6% | 0.0% |
| EASTMAN | $125,000 | $435,000 | 248.0% | 0.0% |
| Peoples Bank | $435,000 | n/a | 0.0% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $875,000 | $410,000 | -53.1% | 0.0% |
| Northwest Federal Credit Union | $405,000 | n/a | 0.0% | |
| MLB RESIDENTIAL LENDING, LLC | $400,000 | n/a | 0.0% | |
| SOUTHEAST MORTGAGE OF GEORGIA, INC. | $390,000 | $400,000 | 2.6% | 0.0% |
| US MORTGAGE CORPORATION | $395,000 | n/a | 0.0% | |
| PriorityOne Bank | $105,000 | $365,000 | 247.6% | 0.0% |
| UIF CORPORATION | $360,000 | n/a | 0.0% | |
| Waterstone Mortgage Corporation | $580,000 | $360,000 | -37.9% | 0.0% |
| ANDREWS FEDERAL CREDIT UNION | $355,000 | n/a | 0.0% | |
| BMO Harris Bank | $355,000 | n/a | 0.0% | |
| CONSTRUCTIVE LOANS, LLC | $95,000 | $355,000 | 273.7% | 0.0% |
| Community First National Bank | $345,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $165,000 | $340,000 | 106.1% | 0.0% |
| Gulf Coast Bank and Trust Company | $430,000 | $335,000 | -22.1% | 0.0% |
| Warsaw Federal Savings and Loan Association | $335,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $205,000 | $325,000 | 58.5% | 0.0% |
| Ixonia Bank | $430,000 | $320,000 | -25.6% | 0.0% |
| ACOPIA, LLC | $315,000 | n/a | 0.0% | |
| MLD MORTGAGE INC. | $265,000 | $315,000 | 18.9% | 0.0% |
| SUCCESS MORTGAGE PARTNERS, INC. | $360,000 | $315,000 | -12.5% | 0.0% |
| Axos Bank | $310,000 | n/a | 0.0% | |
| MORTGAGE ACCESS CORP. | $305,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $305,000 | n/a | 0.0% | |
| Heritage Bank | $295,000 | n/a | 0.0% | |
| RF Renovo Management Company, LLC | $1,125,000 | $295,000 | -73.8% | 0.0% |
| TOTAL MORTGAGE SERVICES, LLC | $295,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $285,000 | n/a | 0.0% | |
| EVERETT FINANCIAL, INC. | $255,000 | $275,000 | 7.8% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $85,000 | $275,000 | 223.5% | 0.0% |
| Bank of Whittier | $270,000 | n/a | 0.0% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $520,000 | $265,000 | -49.0% | 0.0% |
| Bethpage Federal Credit Union | $260,000 | $265,000 | 1.9% | 0.0% |
| Fifth Third Bank | $375,000 | $265,000 | -29.3% | 0.0% |
| FLAT BRANCH MORTGAGE, INC. | $265,000 | n/a | 0.0% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $225,000 | $255,000 | 13.3% | 0.0% |
| EvaBank | $250,000 | n/a | 0.0% | |
| Credence Funding Corporation | $245,000 | n/a | 0.0% | |
| The Peoples Bank, Biloxi, Mississippi | $245,000 | n/a | 0.0% | |
| Allied First Bank,sb | $235,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $230,000 | $235,000 | 2.2% | 0.0% |
| SHELTER HOME MORTGAGE, LLC | $335,000 | $235,000 | -29.9% | 0.0% |
| Gateway First Bank | $105,000 | $225,000 | 114.3% | 0.0% |
| HomePromise Corporation | $225,000 | $225,000 | 0.0% | 0.0% |
| M&T Bank | $395,000 | $220,000 | -44.3% | 0.0% |
| Brighton Bank | $215,000 | n/a | 0.0% | |
| The Hometown Bank of Alabama | $215,000 | n/a | 0.0% | |
| AmRes Corporation | $145,000 | $205,000 | 41.4% | 0.0% |
| Deere Employees Credit Union | $35,000 | $205,000 | 485.7% | 0.0% |
| PeoplesSouth Bank | $225,000 | $205,000 | -8.9% | 0.0% |
| Union Savings Bank | $205,000 | n/a | 0.0% | |
| BELEM SERVICING LLC | $195,000 | n/a | 0.0% | |
| Loan Simple, Inc. | $195,000 | n/a | 0.0% | |
| MidWestOne Bank | $195,000 | n/a | 0.0% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $3,355,000 | $185,000 | -94.5% | 0.0% |
| DELMAR FINANCIAL COMPANY | $185,000 | n/a | 0.0% | |
| First United Bank and Trust Company | $175,000 | $185,000 | 5.7% | 0.0% |
| LENDSURE MORTGAGE CORP. | $1,150,000 | $185,000 | -83.9% | 0.0% |
| Logan Finance Corporation | $230,000 | $185,000 | -19.6% | 0.0% |
| Magnolia State Bank | $185,000 | n/a | 0.0% | |
| SIRVA MORTGAGE, INC. | $185,000 | n/a | 0.0% | |
| Regent Bank | $175,000 | n/a | 0.0% | |
| Singing River Federal Credit Union | $175,000 | n/a | 0.0% | |
| SouthPoint Bank | $475,000 | $175,000 | -63.2% | 0.0% |
| LEGEND LENDING CORPORATION | $170,000 | n/a | 0.0% | |
| First State Bank | $165,000 | n/a | 0.0% | |
| Gulf Coast Bank | $165,000 | n/a | 0.0% | |
| PANORAMA MORTGAGE GROUP, LLC | $165,000 | n/a | 0.0% | |
| CSL Financial, LLC | $95,000 | $160,000 | 68.4% | 0.0% |
| Integrity Home Mortgage Corp | $155,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $105,000 | $155,000 | 47.6% | 0.0% |
| SILVER HILL FUNDING, LLC | $155,000 | n/a | 0.0% | |
| COMPASS MORTGAGE, INC. | $145,000 | n/a | 0.0% | |
| NATIONS RELIABLE LENDING, LLC | $145,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $275,000 | $145,000 | -47.3% | 0.0% |
| Oconee State Bank | $135,000 | n/a | 0.0% | |
| SENTE MORTGAGE, INC. | $135,000 | n/a | 0.0% | |
| TENNESSEE VALLEY | $135,000 | n/a | 0.0% | |
| Alabama Central Credit Union | $585,000 | $130,000 | -77.8% | 0.0% |
| ACIPCO Federal Credit Union | $125,000 | n/a | 0.0% | |
| Ally Bank | $1,315,000 | $125,000 | -90.5% | 0.0% |
| THE MORTGAGE LINK, INC. | $295,000 | $125,000 | -57.6% | 0.0% |
| UNITED MORTGAGE CORP | $125,000 | n/a | 0.0% | |
| First National Bank | $90,000 | $115,000 | 27.8% | 0.0% |
| OCMBC, INC. | $355,000 | $115,000 | -67.6% | 0.0% |
| DELTA COMMUNITY CREDIT UNION | $110,000 | n/a | 0.0% | |
| COREVEST AMERICAN FINANCE LENDER LLC | $105,000 | n/a | 0.0% | |
| AMERIFIRST BANK | $1,040,000 | $95,000 | -90.9% | 0.0% |
| First National Bank of America | $230,000 | $95,000 | -58.7% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $95,000 | n/a | 0.0% | |
| NETWORK CAPITAL FUNDING CORPORATION | $95,000 | $95,000 | 0.0% | 0.0% |
| USAlliance Federal Credit Union | $95,000 | n/a | 0.0% | |
| Baxter Credit Union | $85,000 | n/a | 0.0% | |
| Marion Bank & Trust Company | $85,000 | n/a | 0.0% | |
| Towne Bank | $85,000 | n/a | 0.0% | |
| Connexus Credit Union | $75,000 | n/a | 0.0% | |
| HOMESIDE FINANCIAL, LLC | $655,000 | $75,000 | -88.5% | 0.0% |
| MidFirst Bank | $75,000 | n/a | 0.0% | |
| Southern States Bank | $65,000 | n/a | 0.0% | |
| South State Bank | $1,350,000 | $65,000 | -95.2% | 0.0% |
| Guardian Credit Union | $380,000 | $60,000 | -84.2% | 0.0% |
| Bank Independent | $55,000 | n/a | 0.0% | |
| Beeline Loans, Inc. | $55,000 | n/a | 0.0% | |
| ALABAMA STATE EMPLOYEES CREDIT UNION | $170,000 | $35,000 | -79.4% | 0.0% |
| Elements Financial Federal Credit Union | $35,000 | n/a | 0.0% | |
| First Financial Bank | $35,000 | n/a | 0.0% | |
| CB&S Bank, Inc. | $25,000 | n/a | 0.0% |
MOBILE's top lender by overall market share is QUICKEN LOANS, LLC, with 6.5% market share. In second place, with 6.2%, is DHI MORTGAGE COMPANY, LTD., having originated $91,030,000 in loans. In third place, with 5.5%, is Trustmark National Bank, having originated $81,125,000 in loans. In fourth place, with 3.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $49,805,000 in loans. In fifth place, with 3.3%, is EMBRACE HOME LOANS, INC., having originated $48,585,000 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 | $159,900 (6.7%) | $214,773 (7.8%) | 0.59 | 1,631 |
| 2018-02-01 | $162,540 (7.6%) | $215,832 (6.1%) | 0.59 | 1,656 |
| 2018-03-01 | $169,179 (7.7%) | $221,236 (6.9%) | 0.59 | 1,684 |
| 2018-04-01 | $169,700 (4.4%) | $227,018 (6.5%) | 0.58 | 1,656 |
| 2018-05-01 | $170,269 (6.5%) | $262,993 (23.2%) | 0.57 | 1,632 |
| 2018-06-01 | $174,900 (6.0%) | $237,835 (9.0%) | 0.58 | 1,636 |
| 2018-07-01 | $169,950 (1.2%) | $235,718 (9.0%) | 0.57 | 1,657 |
| 2018-08-01 | $169,700 (-0.1%) | $235,075 (7.6%) | 0.57 | 1,636 |
| 2018-09-01 | $164,900 (-0.7%) | $230,569 (6.0%) | 0.55 | 1,633 |
| 2018-10-01 | $165,450 (3.2%) | $229,615 (5.8%) | 0.56 | 1,639 |
| 2018-11-01 | $165,000 (3.1%) | $228,479 (5.6%) | 0.56 | 1,591 |
| 2018-12-01 | $162,900 (1.9%) | $226,055 (3.9%) | 0.56 | 1,518 |
| 2019-01-01 | $159,900 (0.0%) | $225,404 (5.0%) | 0.55 | 1,458 |
| 2019-02-01 | $159,950 (-1.6%) | $225,242 (4.4%) | 0.54 | 1,438 |
| 2019-03-01 | $165,918 (-1.9%) | $234,469 (6.0%) | 0.54 | 1,460 |
| 2019-04-01 | $169,900 (0.1%) | $241,871 (6.5%) | 0.54 | 1,504 |
| 2019-05-01 | $169,950 (-0.2%) | $239,535 (-8.9%) | 0.53 | 1,533 |
| 2019-06-01 | $179,900 (2.9%) | $245,897 (3.4%) | 0.56 | 1,527 |
| 2019-07-01 | $179,900 (5.9%) | $246,320 (4.5%) | 0.56 | 1,515 |
| 2019-08-01 | $180,964 (6.6%) | $243,557 (3.6%) | 0.57 | 1,515 |
| 2019-09-01 | $182,559 (10.7%) | $244,028 (5.8%) | 0.58 | 1,502 |
| 2019-10-01 | $184,350 (11.4%) | $244,342 (6.4%) | 0.59 | 1,477 |
| 2019-11-01 | $179,900 (9.0%) | $242,866 (6.3%) | 0.59 | 1,404 |
| 2019-12-01 | $178,900 (9.8%) | $234,130 (3.6%) | 0.60 | 1,360 |
| 2020-01-01 | $176,544 (10.4%) | $232,896 (3.3%) | 0.59 | 1,269 |
| 2020-02-01 | $180,000 (12.5%) | $237,852 (5.6%) | 0.59 | 1,229 |
| 2020-03-01 | $188,750 (13.8%) | $243,050 (3.7%) | 0.59 | 1,201 |
| 2020-04-01 | $189,450 (11.5%) | $245,623 (1.6%) | 0.59 | 1,189 |
| 2020-05-01 | $199,209 (17.2%) | $261,286 (9.1%) | 0.61 | 1,059 |
| 2020-06-01 | $208,725 (16.0%) | $272,842 (11.0%) | 0.61 | 959 |
| 2020-07-01 | $209,450 (16.4%) | $277,800 (12.8%) | 0.61 | 825 |
| 2020-08-01 | $209,000 (15.5%) | $276,825 (13.7%) | 0.60 | 773 |
| 2020-09-01 | $214,440 (17.5%) | $286,362 (17.4%) | 0.61 | 756 |
| 2020-10-01 | $215,000 (16.6%) | $290,731 (19.0%) | 0.62 | 715 |
| 2020-11-01 | $209,950 (16.7%) | $288,431 (18.8%) | 0.61 | 694 |
| 2020-12-01 | $209,000 (16.8%) | $281,710 (20.3%) | 0.62 | 699 |
| 2021-01-01 | $210,240 (19.1%) | $279,629 (20.1%) | 0.63 | 624 |
| 2021-02-01 | $212,050 (17.8%) | $291,881 (22.7%) | 0.62 | 504 |
| 2021-03-01 | $209,057 (10.8%) | $288,723 (18.8%) | 0.59 | 500 |
| 2021-04-01 | $206,999 (9.3%) | $280,287 (14.1%) | 0.56 | 513 |
| 2021-05-01 | $199,900 (0.4%) | $291,503 (11.6%) | 0.53 | 517 |
| 2021-06-01 | $209,450 (0.4%) | $288,971 (5.9%) | 0.55 | 557 |
| 2021-07-01 | $209,950 (0.2%) | $283,443 (2.0%) | 0.55 | 634 |
| 2021-08-01 | $202,063 (-3.3%) | $276,729 (0.0%) | 0.54 | 779 |
| 2021-09-01 | $199,925 (-6.8%) | $280,005 (-2.2%) | 0.53 | 750 |
| 2021-10-01 | $199,225 (-7.3%) | $288,371 (-0.8%) | 0.53 | 727 |
| 2021-11-01 | $196,600 (-6.4%) | $274,659 (-4.8%) | 0.53 | 687 |
| 2021-12-01 | $199,950 (-4.3%) | $271,763 (-3.5%) | 0.54 | 688 |
| 2022-01-01 | $199,925 (-4.9%) | $279,853 (0.1%) | 0.54 | 604 |
| 2022-02-01 | $200,110 (-5.6%) | $277,151 (-5.1%) | 0.52 | 522 |
| 2022-03-01 | $224,700 (7.5%) | $292,593 (1.3%) | 0.56 | 492 |
| 2022-04-01 | $239,640 (15.8%) | $304,859 (8.8%) | 0.57 | 505 |
| 2022-05-01 | $257,638 (28.9%) | $310,871 (6.6%) | 0.59 | 625 |
| 2022-06-01 | $242,127 (15.6%) | $301,210 (4.2%) | 0.54 | 704 |
| 2022-07-01 | $244,950 (16.7%) | $297,042 (4.8%) | 0.55 | 751 |
| 2022-08-01 | $249,000 (23.2%) | $305,067 (10.2%) | 0.58 | 766 |
| 2022-09-01 | $249,500 (24.8%) | $308,347 (10.1%) | 0.58 | 740 |
| 2022-10-01 | $249,264 (25.1%) | $312,039 (8.2%) | 0.59 | 774 |
| 2022-11-01 | $248,950 (26.6%) | $313,598 (14.2%) | 0.60 | 815 |
| 2022-12-01 | $240,000 (20.0%) | $308,411 (13.5%) | 0.59 | 786 |
| 2023-01-01 | $239,838 (20.0%) | $313,277 (11.9%) | 0.59 | 718 |
| 2023-02-01 | $239,800 (19.8%) | $314,702 (13.6%) | 0.58 | 656 |
| 2023-03-01 | $237,488 (5.7%) | $312,378 (6.8%) | 0.56 | 663 |
| 2023-04-01 | $250,000 (4.3%) | $322,328 (5.7%) | 0.58 | 677 |
| 2023-05-01 | $256,488 (-0.5%) | $330,293 (6.3%) | 0.58 | 682 |
| 2023-06-01 | $262,500 (8.4%) | $336,854 (11.8%) | 0.59 | 680 |
| 2023-07-01 | $260,000 (6.1%) | $337,311 (13.6%) | 0.59 | 739 |
| 2023-08-01 | $255,000 (2.4%) | $328,271 (7.6%) | 0.59 | 794 |
| 2023-09-01 | $255,265 (2.3%) | $328,468 (6.5%) | 0.59 | 852 |
| 2023-10-01 | $250,000 (0.3%) | $336,462 (7.8%) | 0.59 | 937 |
| 2023-11-01 | $249,900 (0.4%) | $331,352 (5.7%) | 0.60 | 1,010 |
| 2023-12-01 | $249,900 (4.1%) | $328,605 (6.6%) | 0.61 | 1,024 |
| 2024-01-01 | $249,516 (4.0%) | $320,186 (2.2%) | 0.61 | 985 |
| 2024-02-01 | $249,900 (4.2%) | $323,457 (2.8%) | 0.60 | 1,007 |
| 2024-03-01 | $259,000 (9.1%) | $340,414 (9.0%) | 0.61 | 985 |
| 2024-04-01 | $259,700 (3.9%) | $343,742 (6.6%) | 0.60 | 1,022 |
| 2024-05-01 | $267,425 (4.3%) | $358,339 (8.5%) | 0.61 | 1,065 |
| 2024-06-01 | $269,145 (2.5%) | $354,718 (5.3%) | 0.61 | 1,144 |
| 2024-07-01 | $257,425 (-1.0%) | $343,652 (1.9%) | 0.59 | 1,214 |
| 2024-08-01 | $260,000 (2.0%) | $343,358 (4.6%) | 0.60 | 1,262 |
| 2024-09-01 | $266,950 (4.6%) | $349,972 (6.6%) | 0.63 | 1,315 |
| 2024-10-01 | $270,000 (8.0%) | $355,932 (5.8%) | 0.64 | 1,337 |
| 2024-11-01 | $269,950 (8.0%) | $348,154 (5.1%) | 0.65 | 1,363 |
| 2024-12-01 | $269,450 (7.8%) | $348,574 (6.1%) | 0.67 | 1,286 |
| 2025-01-01 | $264,538 (6.0%) | $345,334 (7.9%) | 0.66 | 1,230 |
| 2025-02-01 | $260,000 (4.0%) | $340,242 (5.2%) | 0.63 | 1,276 |
| 2025-03-01 | $265,000 (2.3%) | $344,537 (1.2%) | 0.62 | 1,298 |
| 2025-04-01 | $269,900 (3.9%) | $352,760 (2.6%) | 0.63 | 1,337 |
MOBILE's median listing price for 2025-04-01 was $269,900, a difference of
$10,200
(3.9%) versus the prior year and
$4,900 versus the prior month.
MOBILE's median listing price comes in at 63% of the national average.
MOBILE's average listing price for 2025-04-01 was $352,760, a difference of $9,018 (2.6%) versus the prior year and $8,223 versus the prior month.
For the 2025-04-01 period, MOBILE had 1,337 MLS listings, a difference of 39 listings (3%) versus the prior month and 315 listings (31%) versus the prior year.
MOBILE's median listing price comes in at 63% of the national average.
MOBILE's average listing price for 2025-04-01 was $352,760, a difference of $9,018 (2.6%) versus the prior year and $8,223 versus the prior month.
For the 2025-04-01 period, MOBILE had 1,337 MLS listings, a difference of 39 listings (3%) versus the prior month and 315 listings (31%) 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 | 94 days | 1,809 sqft |
| 2018-02-01 | 89 days | 1,824 sqft |
| 2018-03-01 | 60 days | 1,856 sqft |
| 2018-04-01 | 59 days | 1,865 sqft |
| 2018-05-01 | 64 days | 1,906 sqft |
| 2018-06-01 | 67 days | 1,929 sqft |
| 2018-07-01 | 71 days | 1,906 sqft |
| 2018-08-01 | 68 days | 1,894 sqft |
| 2018-09-01 | 72 days | 1,866 sqft |
| 2018-10-01 | 75 days | 1,857 sqft |
| 2018-11-01 | 79 days | 1,827 sqft |
| 2018-12-01 | 85 days | 1,802 sqft |
| 2019-01-01 | 85 days | 1,771 sqft |
| 2019-02-01 | 81 days | 1,783 sqft |
| 2019-03-01 | 71 days | 1,811 sqft |
| 2019-04-01 | 59 days | 1,825 sqft |
| 2019-05-01 | 57 days | 1,843 sqft |
| 2019-06-01 | 61 days | 1,912 sqft |
| 2019-07-01 | 64 days | 1,900 sqft |
| 2019-08-01 | 66 days | 1,897 sqft |
| 2019-09-01 | 66 days | 1,892 sqft |
| 2019-10-01 | 68 days | 1,892 sqft |
| 2019-11-01 | 72 days | 1,887 sqft |
| 2019-12-01 | 78 days | 1,864 sqft |
| 2020-01-01 | 79 days | 1,845 sqft |
| 2020-02-01 | 68 days | 1,900 sqft |
| 2020-03-01 | 54 days | 1,909 sqft |
| 2020-04-01 | 58 days | 1,893 sqft |
| 2020-05-01 | 61 days | 1,930 sqft |
| 2020-06-01 | 57 days | 1,950 sqft |
| 2020-07-01 | 52 days | 1,975 sqft |
| 2020-08-01 | 46 days | 2,000 sqft |
| 2020-09-01 | 42 days | 1,995 sqft |
| 2020-10-01 | 52 days | 2,017 sqft |
| 2020-11-01 | 49 days | 1,994 sqft |
| 2020-12-01 | 52 days | 1,947 sqft |
| 2021-01-01 | 57 days | 1,928 sqft |
| 2021-02-01 | 45 days | 1,919 sqft |
| 2021-03-01 | 29 days | 1,877 sqft |
| 2021-04-01 | 27 days | 1,805 sqft |
| 2021-05-01 | 24 days | 1,803 sqft |
| 2021-06-01 | 26 days | 1,824 sqft |
| 2021-07-01 | 26 days | 1,789 sqft |
| 2021-08-01 | 29 days | 1,734 sqft |
| 2021-09-01 | 39 days | 1,730 sqft |
| 2021-10-01 | 43 days | 1,717 sqft |
| 2021-11-01 | 41 days | 1,712 sqft |
| 2021-12-01 | 43 days | 1,724 sqft |
| 2022-01-01 | 45 days | 1,754 sqft |
| 2022-02-01 | 36 days | 1,746 sqft |
| 2022-03-01 | 26 days | 1,799 sqft |
| 2022-04-01 | 28 days | 1,792 sqft |
| 2022-05-01 | 26 days | 1,824 sqft |
| 2022-06-01 | 30 days | 1,779 sqft |
| 2022-07-01 | 39 days | 1,823 sqft |
| 2022-08-01 | 42 days | 1,858 sqft |
| 2022-09-01 | 47 days | 1,882 sqft |
| 2022-10-01 | 46 days | 1,890 sqft |
| 2022-11-01 | 52 days | 1,873 sqft |
| 2022-12-01 | 60 days | 1,828 sqft |
| 2023-01-01 | 67 days | 1,797 sqft |
| 2023-02-01 | 58 days | 1,805 sqft |
| 2023-03-01 | 44 days | 1,736 sqft |
| 2023-04-01 | 40 days | 1,838 sqft |
| 2023-05-01 | 40 days | 1,823 sqft |
| 2023-06-01 | 44 days | 1,849 sqft |
| 2023-07-01 | 40 days | 1,838 sqft |
| 2023-08-01 | 40 days | 1,812 sqft |
| 2023-09-01 | 44 days | 1,837 sqft |
| 2023-10-01 | 45 days | 1,826 sqft |
| 2023-11-01 | 50 days | 1,820 sqft |
| 2023-12-01 | 59 days | 1,812 sqft |
| 2024-01-01 | 66 days | 1,779 sqft |
| 2024-02-01 | 63 days | 1,779 sqft |
| 2024-03-01 | 47 days | 1,787 sqft |
| 2024-04-01 | 46 days | 1,792 sqft |
| 2024-05-01 | 47 days | 1,813 sqft |
| 2024-06-01 | 49 days | 1,814 sqft |
| 2024-07-01 | 52 days | 1,791 sqft |
| 2024-08-01 | 59 days | 1,791 sqft |
| 2024-09-01 | 59 days | 1,800 sqft |
| 2024-10-01 | 64 days | 1,830 sqft |
| 2024-11-01 | 68 days | 1,840 sqft |
| 2024-12-01 | 75 days | 1,830 sqft |
| 2025-01-01 | 82 days | 1,804 sqft |
| 2025-02-01 | 76 days | 1,788 sqft |
| 2025-03-01 | 59 days | 1,790 sqft |
| 2025-04-01 | 58 days | 1,806 sqft |
MOBILE's median listing age (time on market) for 2025-04-01 was 58 days.
This
is 26%
longer
than the same period one year ago.
MOBILE's median square footage for active listings during the 2025-04-01 period was 1,806 sqft. One year prior, the average listing was 1,792 sqft.
MOBILE's median square footage for active listings during the 2025-04-01 period was 1,806 sqft. One year prior, the average listing was 1,792 sqft.
MOBILE, AL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 4,360 | $1,005,990,000 | $230,732 |
| Cash Out Refi | 944 | $178,440,000 | $189,025 |
| Refi | 896 | $192,060,000 | $214,353 |
| Other | 733 | $57,985,000 | $79,106 |
| Home Improvement | 574 | $45,350,000 | $79,007 |
Mobile's most frequently cited loan purpose was Home Purchase, with 4,360 originations. The 2nd most popular reason was Cash Out Refi, with 944 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 2,916 | $621,200,000 | $213,032 |
| Over 8% | 1,680 | $191,160,000 | $113,786 |
| 7-8% | 1,229 | $251,095,000 | $204,308 |
| 5-6% | 1,222 | $302,340,000 | $247,414 |
| 4-5% | 311 | $87,035,000 | $279,855 |
| <2.5% | 36 | $3,080,000 | $85,556 |
| 3-4% | 20 | $4,860,000 | $243,000 |
| 2.5-3% | 6 | $880,000 | $146,667 |
During 2024, Mobile's most frequently originated rate bucket was 6-7%, with 2,916 originations.
Loan Sizing (MOBILE, AL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 2,586 | $702,560,000 | $271,678 |
| $100k-200k | 2,363 | $357,185,000 | $151,157 |
| $100,000 or less | 2,099 | $112,325,000 | $53,514 |
| $400k-600k | 339 | $159,425,000 | $470,280 |
| $600k-1000k | 91 | $65,935,000 | $724,560 |
| $Over $1MM | 29 | $82,395,000 | $2,841,207 |
MOBILE's loan sizing saw the bucket of loans from $200k-400k with 2,586 originations, totaling $702,560,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 3,523 | $851,925,000 | $241,818 |
| 60-80% | 1,325 | $331,295,000 | $250,034 |
| Under 20% | 923 | $36,975,000 | $40,060 |
| 20-40% | 832 | $80,210,000 | $96,406 |
| 40-60% | 517 | $91,525,000 | $177,031 |
| Over 100% | 136 | $35,690,000 | $262,426 |
MOBILE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,523 originations, totaling $851,925,000 in origination value.