The story of this market
The typical home in ZIP 36582 sells for about $224,000, or $145 per square foot.
Prices are up +6% from a year ago, so sellers still have some momentum. Homes take about 105 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $889 a month.
ZIP 36582 — Theodore
The Theodore housing market is experiencing moderate price appreciation with a median sale price of $224,000. While demand remains steady, the market exhibits elevated vacancy rates, suggesting a need for careful due diligence by investors and buyers.
This ZIP is suitable for family buyers and those seeking affordable housing options within the Mobile metropolitan area, though investors should account for vacancy risks.
Median prices moved up 6.0% year over year.
Homes spend a median of 105 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.3% · poverty 17.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 36582, Mobile County AL
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is subject to coastal weather risks typical of the Gulf Coast, including hurricane and wind exposure, which influences local insurance market conditions.
Development is characterized by residential expansion in the Theodore area, with some commercial activity noted in the Muddy Creek neighborhood.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. 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. Code § 40-8-1 and the Alabama Constitution. County (Mobile County, Alabama) — Ad Valorem Property Tax: 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).
Residents primarily rely on personal vehicles for commuting, with access to regional corridors connecting to the Mobile employment core.
The area features proximity to local parks and the Bellingrath Gardens and Home, a major regional attraction located in the vicinity.
The rental market shows solid demand with a median rent of $1,800 and year-over-year rent growth of approximately 14.75%.
The local economy is integrated into the broader Mobile County market, which includes industrial, maritime, and service-sector employment.
Transportation is primarily highway-dependent, with infrastructure supporting regional connectivity to Mobile.
Development activity is focused on residential infill and localized commercial projects within the Theodore area.
Property insurance in this region is influenced by coastal hazard exposure, leading to competitive but risk-adjusted premium environments.
Data sourced from local market reports; specific ACS table values not provided in search results.
A historic estate and public garden serving as a major regional tourist destination.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.