36605 — Mobile County, Alabama Market Snapshot
Housing market data for zip code 36605 in Mobile County, Alabama. Updated monthly with median prices, days on market, and more.
Market Sales Data
59 sales in 2026 (year to date)
Median Sale Price
$118,000
Days to Sell
31
Homes Sold
59
Inventory
45
Sale-to-List
93.4%
New Listings
65
Price/SqFt
$81
Pending Sales
68
Conforming Loan Available
Most homebuyers in 36605 can comfortably use conventional financing. The median home price of $118,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
36605's market is balanced with homes taking an average of 31 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 36605 sells for 6.6% below asking price (93.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 36605 can comfortably use conventional financing. The median home price of $118,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 36605 are set at the county level.
2026 Loan Limits — Mobile County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 36605
To purchase the median home at $118,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,054.
Monthly Payment
$1,054
Income Required
$45,175
Principal & Interest
$727/mo
Down Payment (5%)
$5,900
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 36605.
Estimated Monthly Payment
$880
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