Market Summary

Prospect, Mobile County, AL

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Median Home Price Price

$213,721 $213.7K

Median Monthly Rent Rent

$1,457 $1.5K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Mobile County

Region Price Rent GRM Display
$200,282 $1,367 12.0x
$242,509 $1,413 14.0x
$182,922 $1,356 11.0x
$186,413 $1,304 12.0x
$190,533 $1,407 11.0x
$218,447 $1,385 13.0x
$177,721 $1,305 11.0x
$166,470 $1,375 10.0x

Home prices

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Monthly rent

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GRM

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Similar markets within AL outside of Mobile County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets outside of AL

Region Price Rent GRM Display
$380,164 $1,433 22.0x
$325,125 $1,390 19.0x
$265,861 $1,774 12.0x
$167,567 $1,290 11.0x
$274,850 $1,585 14.0x
$256,830 $2,142 10.0x
$385,500 $1,713 19.0x
$262,938 $2,121 10.0x
$175,815 $1,251 12.0x
$232,487 $1,482 13.0x
$181,813 $1,747 9.0x
$258,558 $1,437 15.0x
$197,151 $1,748 9.0x
$474,004 $1,472 27.0x
$182,051 $1,203 13.0x
$285,068 $1,560 15.0x
$205,277 $1,736 10.0x
$299,512 $1,676 15.0x
$254,964 $1,979 11.0x

Home prices

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Monthly rent

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GRM

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Prospect

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Trend Insights

Median Rent in Prospect, AL is $1,457, with MoM change +$5 and YoY change +$15 pointing to positive momentum while volatility is low (std $10).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Prospect, AL.

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Metric
Base market Prospect, AL
Compare market Select a market
Delta vs base
Median rent
$1,457
N/A
Median price
$213,721
N/A
YoY change
+$15
N/A
Price-to-rent
12.2x
Data unavailable
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