2

Mobile, AL Short Sale Homes for Sale

Section Image
  • 5415 Overlook Rd, Mobile, AL 36618
    5415 Overlook Rd, Mobile, AL 36618
    5415 Overlook Rd, Mobile, AL 36618
    /32

    $225,000

    • 3 Beds
    • 2.5 Baths
    • 2,828 Sq Ft

    5415 Overlook Rd, Mobile, AL 36618

    Come see this spacious home with NO HOA on 2+ acres of land! Large portion is fenced in. With a little TLC this home is ready to move in! Lots of natural light, large back porches, and plenty of privacy right in the middle of town! Schedule a showing and come see this great opportunity today! Buyer to verify all information during due diligence. * TLC * Fixer upper * Handyman special *

    Evan Templeton eXp Realty Southern Branch

    5415 Overlook Rd, Mobile, AL 36618
  • 2647 Banks Ave, Mobile, AL 36617
    2647 Banks Ave, Mobile, AL 36617
    2647 Banks Ave, Mobile, AL 36617
    /17

    $25,000

    • 4 Beds
    • 3 Baths
    • 2,391 Sq Ft

    2647 Banks Ave, Mobile, AL 36617

    One story HardBoard sided home. Few areas have been renovated, most of the home needs repairs and updates. Fairly new roof. Short Sale. Approved by both parties. Buyer to verify all information during due diligence.

    Semra Davenport EXIT Realty Lyon & Assoc.Fhope

    2647 Banks Ave, Mobile, AL 36617
Alabama Mobile

Short Sale Homes for Sale in Mobile, AL

Home Trends in Mobile, AL

On average, homes in Mobile, AL sell after 88 days on the market compared to the national average of 69 days. The median sale price for homes in Mobile, AL over the last 12 months is $311,535, up 6% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$311,535
Median Single Family Sale Price
$319,900
Median Townhouse Sale Price
$205,000
Median 2 Bedroom Sale Price
$200,000
Median 1 Bedroom Sale Price
$128,000
Average Price Per Sq Ft
$169
Number of Homes for Sale
73
Last 12 months Home Sales
693
Months of Supply
1.30
Median List Price
$307,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
6%
How to Buy a Home How to Finance a Home How to Sell a Home

In Mobile, there are currently 2 short sale homes. A short sale occurs when the lender accepts payment lower than the outstanding mortgage amount from the homeowner. This real estate option can offer buyers an opportunity to secure property at a discounted price, ideal for those seeking value in the market. Browse a selection of short sale homes in Mobile, AL that offer a unique opportunity for savvy buyers.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2025 CoStar Group