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Mobile, AL Housing Market 2019: Home Prices, Trends & Forecasts

Mobile AL Real Estate Market 2019 Statistics

If you are looking at buying a house in Mobile, AL as a potential investment opportunity, you must read till the end. Home prices in the Mobile housing market are expected to rise by 4.5% in this year. The Gulf Coast is growing so quickly that it is now called the Third Coast of the U.S. Hot markets on the Gulf Coast include Houston and St. Petersburg. However, smaller cities along the Gulf of Mexico share many of the same, desirable traits without yet having become “hot” markets. And one of these is Mobile, Alabama. Let’s take a look at this city in general before discussing the points in favor of the Mobile AL real estate market.

Mobile, Alabama is home to around 200,000 people. It is the third largest city in Alabama. It is the largest city between New Orleans and St. Petersburg on the Gulf Coast. It is the only salt water port in the state. However, the Mobile housing market is larger than this; including the suburbs, the area is home to around four hundred thousand people. Factor in the towns of Daphne and Fairhope, and the Mobile AL real estate market includes well over half a million people and is the second largest metro area in the state of Alabama. Let us now discuss the latest Mobile AL housing market trends and forecasts for 2019 & 2020 and find out why you should invest in this hot market.


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