The story of this market
The typical home in ZIP 36601 sells for about $123,833, or $142 per square foot.
Prices are roughly flat from a year ago (-0.4%), a market in balance. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 36601 — Mobile
The 36601 ZIP code currently exhibits very low residential listing activity, making it difficult to establish a robust median sale price or market velocity. Most metrics for this area are not determinable due to insufficient active inventory. The broader Mobile market is currently a buyer's market with high price-cut activity, which likely influences the local sentiment.
Median prices moved down 0.4% year over year.
Homes spend a median of 68 days on market with 0.5 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.0% · poverty 20.0% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 36601, Mobile County AL
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Alabama) — Current Use Valuation: Allows property to be taxed based on its current use value rather than fair market value, potentially reducing the tax burden. Conversion to a non-qualified use triggers revaluation and potential back-tax liability. State (Alabama) — Class III Residential Property Tax Assessment: Property is assessed at 10% of its fair market value. The tax liability is calculated by multiplying the assessed value by the local millage rate. A standard homestead exemption applies to the 6.5 mill statewide property tax on the first $4,000 of assessed valuation. State (Alabama) — Class 3 Residential Property Tax Assessment: Residential property is classified as Class 3 and assessed at 10 percent of its fair market value. A standard homestead exemption applies to the 6.5 mill statewide property tax on the first $4,000 of assessed valuation. State (Alabama) — Standard State Ad Valorem Homestead Exemption: Exempts up to $4,000 in assessed valuation from the 6.5 mill state ad valorem tax levy (providing a maximum direct state tax reduction of $26.00). Formula: Adjusted State Tax = Max(0, (Assessed Value - $4,000)) × 0.0065. State (Alabama) — Statewide Ad Valorem Property Tax and Class III Residential Assessment Ratio: Establishes a baseline 6.5 statewide millage rate ($0.0065 per dollar of assessed value) under Ala.
Data retrieved from Census Bureau ZCTA-level tables
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.