Metro area index
Home appreciation in the Mobile, AL metro area
FHFA HPI® data shows the Mobile, AL metro area's all-transactions index changed +2.1% over the year to Q2 2026, versus +3.7% for Alabama and +3.0% for the U.S. That ranks 279th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +2.1%
- 5-year change
- +40.8%
- Since Q1 1995
- +214%
- Metro rank (1 year)
- 279th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Mobile, AL vs Alabama and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Mobile, AL: 313.5
- Alabama: 318.6
- United States: 391.6
Appreciation by time window
| Window | Metro | AL | U.S. | Gap vs AL | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +2.1% | +3.7% | +3.0% | −1.6 pts | −0.9 pts |
| 3 years | +12.2% | +14.0% | +12.9% | −1.8 pts | −0.6 pts |
| 5 years | +40.8% | +43.8% | +41.3% | −3.0 pts | −0.5 pts |
| 10 years | +89.0% | +88.8% | +93.3% | +0.2 pts | −4.3 pts |
| Since Q1 1995 | +214% | +219% | +292% | −5.1 pts | −78.1 pts |
3-digit ZIP regions in the Mobile, AL area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 366 · Mobile, AL area | AL | +1.6% | +40.7% | +208% | 100% |
| 365 · Daphne, AL area | AL | +5.9% | +48.6% | +282% | 36% |
Boom, bust, and recovery in Mobile, AL area
Mobile, AL area's index peaked in Q1 2009, fell 19.0% to its low in Q1 2014, and regained its peak in Q4 2019, about 10.8 years after the top. Today it sits +63.8% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2009 | Q1 2014 | -19.0% | Q4 2019 (10.8 yrs) | +63.8% |
| AL | Q1 2009 | Q4 2013 | -10.4% | Q4 2017 (8.8 yrs) | +80.7% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Mobile, AL area's index has changed +41.6% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | AL after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -1.7% | -0.1% | -0.8% |
| 3 years | +9.8% | +2.2% | +3.8% | +2.8% |
| 5 years | +24.0% | +13.5% | +15.9% | +13.9% |
| 10 years | +39.1% | +35.9% | +35.7% | +39.0% |
| Since Q1 1995 | +121% | +41.6% | +43.9% | +76.8% |
If you bought in the Mobile, AL area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +207% | $920,074 |
| Q2 2000 | +155% | $764,572 |
| Q2 2005 | +110% | $629,476 |
| Q2 2010 | +81.9% | $545,597 |
| Q2 2015 | +91.2% | $573,651 |
| Q2 2020 | +58.0% | $473,875 |
| Q2 2021 | +40.8% | $422,336 |
| Q2 2023 | +12.2% | $336,662 |
| Q2 2025 | +2.1% | $306,392 |
Frequently asked questions
- How much have home prices risen in the Mobile, AL area?
- FHFA HPI® data for the Mobile, AL metro area shows changes of +2.1% over one year, +40.8% over five years, and +89.0% over ten years to Q2 2026, and +214% since Q1 1995.
- Is the Mobile, AL area beating the national average?
- Over the past year the metro's index moved −0.9 pts versus the U.S.; over five years the gap is −0.5 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.