ZIP Code 36602 — Mobile, AL Home Prices (2026)
The typical home in ZIP 36602 (Mobile, Alabama) is worth about $334,000 at roughly $237 per square foot — 65% more expensive than the Mobile median and 14% more expensive than the typical U.S. home.
How 36602 compares
ZIP 36602 is one of the pricier ZIP codes in Mobile: its typical home value of $334,000 ranks #1 of the 13 Mobile ZIP codes we track (the citywide range runs from $63,000 in 36617 to $334,000 in 36602). Per square foot it costs about $237, against $143 for Mobile as a whole, $153 for Alabama, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 36602 | $334,000 | $237 |
| Mobile, AL | $203,000 | $143 |
| Alabama | $204,000 | $153 |
| United States | $294,000 | $195 |
Home value by size in 36602
Using this ZIP’s rate of about $237 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $237,000 |
| 1,500 sq ft | $355,500 |
| 2,000 sq ft | $474,000 |
| 2,500 sq ft | $592,500 |
| 3,000 sq ft | $711,000 |
Salary needed to buy a home in ZIP 36602
To buy the typical $334,000 home in ZIP 36602 with 20% down, you need a household income of roughly $91,000 a year (about $2,120 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $108,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $16,700 | $2,640/mo | $113,000/yr |
| 10% (+PMI) | $33,400 | $2,520/mo | $108,000/yr |
| 20% | $66,800 | $2,120/mo | $91,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 36602
At about $237 per square foot, here is roughly how much home different budgets get you in ZIP 36602:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 840 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1050 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1270 sq ft | around the typical home here |
| $400k | 1690 sq ft | around the typical home here |
| $500k | 2110 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 36602 home.
Estimate a specific home in 36602
The estimator below is pre-set to ZIP 36602 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Mobile ZIP codes by home value
Where 36602 sits among Mobile’s 13 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 36602 (this page) | $334,000 | $237 |
| 2 | 36695 | $282,000 | $154 |
| 3 | 36608 | $244,000 | $153 |
| 4 | 36693 | $230,000 | $143 |
| 5 | 36619 | $221,000 | $153 |
| 6 | 36609 | $206,000 | $137 |
| 7 | 36604 | $203,000 | $173 |
| 8 | 36618 | $175,000 | $131 |
| 9 | 36606 | $144,000 | $143 |
| 10 | 36607 | $118,000 | $150 |
| 11 | 36605 | $94,000 | $107 |
| 12 | 36603 | $71,000 | $111 |
| 13 | 36617 | $63,000 | $78 |
ZIP 36602 home prices: frequently asked
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What is the price per square foot in 36602? +
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See the full Mobile home values page, all Alabama cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.