The story of this market
The typical home in Prichard, Alabama sells for about $85,700, or $65 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
Monthly price momentum
Home values since 2015
+1.9%
AL · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Prichard, Alabama
The Prichard housing market remains characterized by high affordability and slow, steady price appreciation. Market activity is driven by local demand for entry-level housing, though limited new construction and regional economic factors keep inventory levels tight. The city's reliance on the broader Mobile economy continues to be the primary driver of its real estate performance.
No ARED county foreclosure postings attributed to Prichard yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved up 2.5% year over year.
Homes spend a median of 88 days on market with 6.4 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.8% · poverty 28.5% — elevated distress and economic pressure.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A local green space dedicated to veterans, providing walking paths and community gathering areas for residents.
Located nearby, this park offers extensive trails, camping, and water access, serving as a major outdoor recreation hub for the area.
Prichard is primarily suited for budget-conscious family buyers and investors seeking entry-level housing opportunities. Its affordability makes it a viable option for those working in the nearby industrial sectors of Mobile who prioritize lower housing costs over proximity to urban amenities.
Public schools in Prichard are primarily served by the Mobile County Public School System, which faces ongoing challenges regarding academic performance and resource allocation. Local educational outcomes generally lag behind state averages, prompting a focus on district-wide improvement strategies.
The city is served by major highway corridors including I-65 and I-165, which facilitate regional connectivity to Mobile and the surrounding industrial zones. Public transit options are limited, making personal vehicle ownership the primary mode of transportation for the workforce.
Prichard offers access to several community parks and local green spaces that serve as neighborhood hubs for outdoor activity. While the city lacks large-scale regional entertainment venues, its proximity to Mobile provides residents with access to a wider array of cultural and recreational amenities.
The rental market in Prichard is characterized by a high share of single-family home rentals, with demand driven by affordability relative to the surrounding Mobile metro area. Vacancy rates remain moderate, and the market is largely dominated by individual investors rather than large institutional multi-family complexes.
The local economy is heavily influenced by the manufacturing and logistics sectors prevalent in the greater Mobile area. Major employers include regional industrial facilities and public sector entities that provide the primary employment base for residents.
Economic momentum in Prichard is tied to its proximity to the broader Mobile industrial corridor, though the city itself has seen limited large-scale commercial development recently. Infrastructure improvements remain a priority for local leadership to attract new business investment and stabilize the tax base.
Current planning efforts are focused on infrastructure maintenance and the rehabilitation of existing residential stock. There are no major large-scale commercial developments currently under construction within city limits.
Parcels in Prichard are subject to standard municipal and county tax levies, with no significant MUD or PID districts currently impacting residential property tax structures.
Prichard experiences crime rates significantly higher than the national average, with property and violent crime being primary concerns for local law enforcement. The city continues to work on community-based safety initiatives to address these long-standing regional challenges.
The city is located in a region susceptible to tropical storms and hurricanes, necessitating robust wind-mitigation standards for residential structures. Flood risk is a significant factor in low-lying areas near local waterways, influencing insurance premiums and building requirements.
Property insurance markets in the area are sensitive to coastal weather risks, leading to higher-than-average premiums for homeowners. Market health is stable but requires careful consideration of wind and flood coverage requirements.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Alabama) — Current Use Valuation: Allows property to be taxed based on its current use value rather than fair market value, potentially reducing the tax burden. Conversion to a non-qualified use triggers revaluation and potential back-tax liability. State (Alabama) — Class III Residential Property Tax Assessment: Property is assessed at 10% of its fair market value. The tax liability is calculated by multiplying the assessed value by the local millage rate. A standard homestead exemption applies to the 6.5 mill statewide property tax on the first $4,000 of assessed valuation. State (Alabama) — Class 3 Residential Property Tax Assessment: Residential property is classified as Class 3 and assessed at 10 percent of its fair market value. A standard homestead exemption applies to the 6.5 mill statewide property tax on the first $4,000 of assessed valuation. State (Alabama) — Standard State Ad Valorem Homestead Exemption: Exempts up to $4,000 in assessed valuation from the 6.5 mill state ad valorem tax levy (providing a maximum direct state tax reduction of $26.00). Formula: Adjusted State Tax = Max(0, (Assessed Value - $4,000)) × 0.0065. State (Alabama) — Statewide Ad Valorem Property Tax and Class III Residential Assessment Ratio: Establishes a baseline 6.5 statewide millage rate ($0.0065 per dollar of assessed value) under Ala.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 0.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from U.S. Census Bureau QuickFacts and Census Reporter.
The federal school roster could not be retrieved on the last refresh — no list is shown rather than an unverified one. Source: NCES EDGE public school locations 2023-24.
County linkage populates as this city's member ZIP reports roster beneath it.
No ZIP intel reports rostered under this city yet — property dossiers roll up through the ZIP tier, so the chain populates as the county refreshes discover them.
Mobile County Appraisal Staff may visit residential parcels to review or update property information for assessment purposes.
Authorized under Alabama Law Section 40-7-74 and Section 40-2-11.
applies when — Applies to the division of land into two or more lots, plats, or sites for sale, lease, or building development.
Requires administrative approval by County Engineering staff and/or Mobile County Commission approval for subdivisions outside municipal planning jurisdictions.
Defined by Section 11-24-1 of the Alabama Code.
Delinquent property taxes are subject to the sale of tax liens at public auction in accordance with Alabama Code Section 40-10-180 et seq.
Governed by Alabama Law (Section 40-7-74 and Section 40-2-11).
Tax is calculated by multiplying the appraised market value by the assessment ratio (Class I: 30%, Class II: 20%, Class III: 10%) to determine assessed value, then applying the total millage rate (base county/state/school rate of 48.5 mills plus applicable municipal millage).
Current tax year rates as published by the Mobile County Revenue Commission.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.