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Mobile Terrace Homes for Sale

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  • /2

    $60,000

    • Land
    • 9,892 Sq Ft
    • $264,201 per Acre

    0 5th St Unit 7649910, Mobile, AL 36608

    A great opportunity to purchase 4 contiguous lots – Lots 47-48-49-50 on 5th Street in Mobile Terrace. The heavily wooded and level lots are waiting for you to decide what you want to build on them. Lots are being sold as one parcel. Dimensions are 101 x99 x 99 x 99 for the entire tract. Check them out today!

    Melissa Morrissette

    0 5th St Unit 7649910, Mobile, AL 36608
  • /3

    $7,000

    • Land
    • 5,092 Sq Ft
    • $59,880 per Acre

    0 1st St Unit 7651445, Mobile, AL 36608

    Very affordable West Mobile lot, providing convenience to every point of the city. The lot is cleared with a few trees bordering the parameter, which equates to automatic savings. This property is the ideal site for a small cottage or a manufactured home for someone seeking convenience and affordability. In addition to a homestead this property is a deal for an investor willing to add a dwelling

    Shulanda Franks

    0 1st St Unit 7651445, Mobile, AL 36608
  • /16

    $105,000

    • 3 Beds
    • 2 Baths
    • 1,253 Sq Ft

    275 Bishop Phillips Ave, Mobile, AL 36608

    Located near the University of South Alabama, this home sits on a spacious .35-acre lot. Home includes 3 bedrooms, laundry room with plenty of storage space, and two full bathrooms. The spacious living room offers ample space for entertaining and relaxing. Previously used as a rental property, this home presents additional possibilities for its next owner. Schedule your showing today! Buyer to

    Brandon Crum Keller Williams Mobile

    275 Bishop Phillips Ave, Mobile, AL 36608
  • /2

    $60,000

    • Land
    • 9,892 Sq Ft
    • $264,201 per Acre

    0 5th St Unit 9/47-48-49, Mobile, AL 36608

    Buyer to verify all information during due diligence.

    Melissa Morrissette L L B & B, Inc.

    0 5th St Unit 9/47-48-49, Mobile, AL 36608
  • /17

    $35,000

    $4K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,570 Sq Ft

    7370 10th St, Mobile, AL 36608

    Opportunity awaits with this spacious property located just minutes from the University of South Alabama. Offering more square footage than several recently sold nearby homes, this property is ready for your vision and renovation plans. Whether you're looking for a fix-and-flip, rental investment, or value-add project, the potential is there. Sold As-Is. Buyer to verify all information deemed

    Steven Koleno Beycome Brokerage Realty

    7370 10th St, Mobile, AL 36608

Why Live in Mobile Terrace

Mobile Terrace is a residential neighborhood directly east of the Mobile Regional Airport. The area features a geometric grid layout with narrow, paved streets and dense forestry. Major employers like Medicath, the Airbus Military and the University of South Alabama are close by, while popular attractions such as the Greater Gulf State Fairgrounds and the Mobile Flea Market are within a mile. Housing ranges from 1950s ranch-style homes to new builds, offering new residents the opportunity to remodel and reinvest in their properties. One-bedroom studios and three-bedroom shotgun-style bungalows are set back on long driveways, and sidewalks make the community relatively walkable. McCants-Chavers Park has a colorful playground and a splash pad that opens during the summer, while youth sports leagues play at West Mobile County Park. Students attend Mobile County Public Schools, with Baker High being the largest school in the county and the second largest in the nation. Diners can order tacos and margaritas from El Jalapeno Mexican Bar & Grill, smoked meats from Sonny’s BBQ and coffee and crumpets from REDBAR Espresso & Market. Locals go grocery shopping at Winn-Dixie and look forward to annual events such as the Mardi Gras celebration.

Mobile Terrace Home Prices vs. Nearby Mobile, AL Neighborhoods

Mobile Terrace Seminole
Median Home Price
$64,950
$234,900
Median Sale Price
$49,000
-76% YoY
$210,000
+15% YoY
Median Single Family Price
$57,000
$210,000
Total Active Listings
3
0
Market Conditions
8 Months of Supply
Buyer's Market
0 Months of Supply
Seller's Market

Frequently Asked Questions

Is Mobile Terrace a good place to live?
Mobile Terrace is a good place to live. Mobile Terrace is considered car-dependent and somewhat bikeable. Mobile Terrace is a suburban neighborhood. Mobile Terrace has 5 parks for recreational activities. It is sparse in population with 2.0 people per acre and a median age of 39. The average household income is $41,248 which is below the national average. College graduates make up 6.9% of residents. A majority of residents in Mobile Terrace are renters, with 67% of residents renting and 33% of residents owning their home. A local real estate agent serving Mobile Terrace can help you decide if this neighborhood is the right one for you. Learn more on our Mobile Terrace neighborhood guide.
Is Mobile Terrace, AL a safe neighborhood?
Mobile Terrace, AL is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Mobile Terrace?
The median home price in Mobile Terrace is $64,950. If you put a 20% down payment of $13,000 and had a 30-year fixed mortgage with an interest rate of 6.47%, your estimated principal and interest payment would be $330 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $14K a year to afford the median home price in Mobile Terrace. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Mobile Terrace is $41K.
What are the best public schools in Mobile Terrace?
The best public schools that serve Mobile Terrace are:
What are the best private schools in Mobile Terrace?
The best private schools that serve Mobile Terrace are:
What are the most popular zip codes in Mobile Terrace, Mobile, AL?
The most popular zip codes in Mobile Terrace, Mobile, AL include 36608, 36575, 36695, 36618 and 36609.
What are the most popular neighborhoods near Mobile Terrace, Mobile, AL?
The most popular neighborhoods near Mobile Terrace, Mobile, AL are Hillsdale, Cody, Richelieu, Sheldon and Glen Acres.
Are home prices dropping in Mobile Terrace?
Yes, home prices in Mobile Terrace are down 66% in the last 12 months.
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