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Theodore, AL

Full City Profile · Alabama · Mobile County County

3.0 /5.0
B Good
4,950 Population 620/sq mi density
$60,764 Median Income $29,399 per capita
$151,800 Home Value $197,204 Zillow
$1,222 Median Rent 51.0% income on rent
69°F Avg Temperature 313 sunny days/yr
594 Violent Crime/100K 4,629 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$60,764 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$151,800 home value, $1,222/mo rent
F
Safety
1.0 / 5.0
594 violent crimes/100K (56% above avg)
C
Education
2.4 / 5.0
17.1% bachelor's degree or higher

Housing Overview

Median Home Value
$151,800
46% below
US avg: $281,900
Median Rent
$1,222/mo
5% above
US avg: $1,163/mo
Homeownership Rate
86.4%
32% above US avg (65.4%)
Total Housing Units
2,307
Median year built: 1989

Home Value by Source

Census Median
$151,800
Zillow (ZHVI)
$197,204
Median Sale Price
$225,000
Median List Price
$190,250
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.4%
Owner-Occupied
13.6%
Renter-Occupied
86%
14%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$716/mo
1 Bedroom
$772/mo
2 Bedroom
$936/mo
3 Bedroom
$1,206/mo
4 Bedroom
$1,381/mo
Census median rent: $1,222/mo

Market Indicators (Redfin)

Median Days on Market
113 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
29.4%
of listings with price reduction
Price Per Sq Ft
$156
Active Inventory
17
homes for sale

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
86.4%

Complete Housing Data

Home Values

Census Median Value$151,800
Zillow Home Value (ZHVI)$197,204
Median Sale Price$225,000
Median List Price$190,250
Price Per Sq Ft$156

Rent

Census Median Rent$1,222
FMR Studio$716
FMR 1-Bedroom$772
FMR 2-Bedroom$936
FMR 3-Bedroom$1,206
FMR 4-Bedroom$1,381

Market

Days on Market113
Sale-to-List Ratio1.0%
Price Drops29.4%
Homes Sold6
Active Inventory17
Price Per Sq Ft$156

Ownership & Stock

Owner-Occupied86.4%
Renter-Occupied13.6%
Homeownership Rate86.4%
Total Housing Units2,307
Median Year Built1989
Rent Burden51.0%