Theodore, AL 36582 Real Estate Market Report

ZIP Code: 36582
Report Date: May 2026
Market Temperature: N/A
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Theodore, AL are 6.3% compared to the 5.9% average seen in early 2026, indicating that property owners who originated loans earlier this year secured more favorable terms.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The primary market signal is the median sold price of $209,900, which represents the most reliable indicator of recent transaction value and—when read alongside a median days on market of 281 days—suggests a balanced market with slower sales velocity rather than rapid turnover.

2. There is a notable gap between the median listing price of $232,400 and the median sold price of $209,900, which may indicate pricing friction where seller expectations remain above recent closed transactions.

3. Rental fundamentals are strengthening: the median market rent is $1,550 and the rent year-over-year trend is up, which supports continued investor interest in SFR and condo assets without implying specific yield outcomes.

4. Interest-rate dynamics are a headwind: interest rate pressure is flagged as elevated, and Current 30-year fixed mortgage rates in Theodore, AL are 6.3% compared to the 5.9% average seen in early 2026, indicating that recent originators secured more favorable terms than buyers financing purchases today.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.