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Mobile Terrace Homes for Sale

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  • /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
  • /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
  • /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

Mobile Terrace Home Prices vs. Nearby Mobile, AL Neighborhoods

Mobile Terrace Seminole
Median Home Price
$69,900
$234,900
Median Sale Price
$57,000
-65% YoY
$210,000
+15% YoY
Median Single Family Price
$65,000
$210,000
Total Active Listings
3
0
Market Conditions
12 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 $69,900. If you put a 20% down payment of $14,000 and had a 30-year fixed mortgage with an interest rate of 6.43%, your estimated principal and interest payment would be $350 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $15K 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, Fairview and Sheldon.
Are home prices dropping in Mobile Terrace?
Yes, home prices in Mobile Terrace are down 60% in the last 12 months.
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