Is a car needed in Central Business District, Mobile, AL?

As of early 2026, 82% of users say car is needed

Is Central Business District, Mobile, AL walkable to restaurants?

As of early 2026, 82% of users say it's walkable to restaurants

Are yards well-kept in Central Business District, Mobile, AL?

As of early 2026, 80% of users say yards are well-kept

Is Central Business District, Mobile, AL dog-friendly?

As of early 2026, 65% of users say it's dog friendly

Does Central Business District, Mobile, AL have sidewalks?

As of early 2026, 63% of users say there are sidewalks

Does Central Business District, Mobile, AL show holiday spirit?

As of early 2026, 61% of users say there's holiday spirit

Are the streets well-lit in Central Business District, Mobile, AL?

As of early 2026, 55% of users say streets are well-lit

Do residents of Central Business District, Mobile, AL plan to stay at least 5 years?

As of early 2026, 52% of users say they plan to stay for at least 5 years

Is parking easy in Central Business District, Mobile, AL?

As of early 2026, 50% of users say parking is easy

Do kids play outside in Central Business District, Mobile, AL?

As of early 2026, 50% of users say kids play outside

Is Central Business District, Mobile, AL quiet?

As of early 2026, 48% of users say it's quiet

Would people walk alone at night in Central Business District, Mobile, AL?

As of early 2026, 47% of users say people would walk alone at night

Is Central Business District, Mobile, AL walkable to grocery stores?

As of early 2026, 45% of users say it's walkable to grocery stores

Is there wildlife in Central Business District, Mobile, AL?

As of early 2026, 42% of users say there's wildlife

Are neighbors friendly in Central Business District, Mobile, AL?

As of early 2026, 35% of users say neighbors are friendly

Are there community events in Central Business District, Mobile, AL?

As of early 2026, 33% of users say there are community events

What is 501 Monroe St estimated to be worth?

Trulia's estimated value for 501 Monroe St in Mobile, AL is $333,100 .

Is Mobile a buyer's or seller's market?

Mobile is currently a buyer's market, based on recent for-sale activity.

What's the median sale price in Mobile?

The median sale price in Mobile is $230K. That is up $6.35K from the prior month.

What do residents say about the Central Business District neighborhood?

Residents describe the Central Business District neighborhood in Mobile, AL as walkable to restaurants, well-kept, and dog-friendly. See recently sold homes in Central Business District, Mobile .

How big is the lot at 501 Monroe St?

The lot at 501 Monroe St in Mobile, AL is about 0.13 acres (5,749 sq ft).

Does 501 Monroe St have parking?

Yes, 501 Monroe St in Mobile, AL has on-site parking.

OFF MARKET

$333,100

Trulia Estimate

Studio
2 Baths
2,542 sqft

501 Monroe St, Mobile, AL 36602

Central Business District

Est. Refi. Payment $2,017/mo*

Refinance Your Home

Home Value

Trulia Estimate

$333K

Since last month

$8K (-2.2%)

Since last year

$29K (-8.1%)

Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +46% in the last 10 years

Month	Estimated value
2026
September 2026	$331K
August 2026	$338K
July 2026	$353K
June 2026	$371K
May 2026	$361K
April 2026	$359K
March 2026	$343K
February 2026	$312K
January 2026	$340K
2025
December 2025	$340K
November 2025	$340K
October 2025	$345K
September 2025	$360K
August 2025	$371K
July 2025	$395K
June 2025	$357K
May 2025	$346K
April 2025	$340K
March 2025	$346K
February 2025	$327K
January 2025	$342K
2024
December 2024	$344K
November 2024	$359K
October 2024	$357K
September 2024	$381K
August 2024	$381K
July 2024	$395K
June 2024	$403K
May 2024	$398K
April 2024	$376K
March 2024	$356K
February 2024	$358K
January 2024	$372K
2023
December 2023	$345K
November 2023	$355K
October 2023	$342K
September 2023	$351K
August 2023	$352K
July 2023	$342K
June 2023	$348K
May 2023	$325K
April 2023	$325K
March 2023	$317K
February 2023	$299K
January 2023	$299K
2022
December 2022	$308K
November 2022	$315K
October 2022	$330K
September 2022	$338K
August 2022	$346K
July 2022	$346K
June 2022	$346K
May 2022	$342K
April 2022	$337K
March 2022	$337K
February 2022	$333K
January 2022	$323K
2021
December 2021	$329K
November 2021	$332K
October 2021	$329K
September 2021	$331K
August 2021	$334K
July 2021	$340K
June 2021	$342K
May 2021	$346K
April 2021	$293K
March 2021	$287K
February 2021	$280K
January 2021	$279K
2020
December 2020	$270K
November 2020	$269K
October 2020	$265K
September 2020	$254K
August 2020	$237K
July 2020	$234K
June 2020	$234K
May 2020	$232K
April 2020	$228K
March 2020	$273K
February 2020	$264K
January 2020	$264K
2019
December 2019	$261K
November 2019	$261K
October 2019	$257K
September 2019	$248K
August 2019	$250K
July 2019	$249K
June 2019	$249K
May 2019	$252K
April 2019	$250K
March 2019	$245K
February 2019	$241K
January 2019	$241K
2018
December 2018	$240K
November 2018	$239K
October 2018	$235K
September 2018	$237K
August 2018	$240K
July 2018	$240K
June 2018	$238K
May 2018	$228K
April 2018	$231K
March 2018	$225K
February 2018	$224K
January 2018	$226K
2017
December 2017	$222K
November 2017	$222K
October 2017	$218K
September 2017	$213K
August 2017	$216K
July 2017	$211K
June 2017	$211K
May 2017	$217K
April 2017	$216K
March 2017	$224K
February 2017	$215K
January 2017	$214K
2016
December 2016	$219K
November 2016	$226K
October 2016	$225K
September 2016	$226K

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
210 S Cedar St, Mobile, AL	0.06	Single-Family Home	$230,000	01/22/26	1	1	1,050
612 Dauphin St, Mobile, AL	0.32	Single-Family Home	$912,031	02/03/26		2	4,704
158 S Cedar St, Mobile, AL	0.08	Single-Family Home	$245,000	12/16/25	2	2	1,376
609 Conti St, Mobile, AL	0.26	Single-Family Home	$180,000	05/04/26	5	4	4,808
155 S Broad St, Mobile, AL	0.39	Single-Family Home	$192,000	05/18/26	3	1	1,773
307 N Jackson St, Mobile, AL	0.73	Single-Family Home	$155,000	05/27/26		2	3,368

Home facts updated by county records

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.

Address	Distance	Price	Bed	Bath	Sqft	Status
259 S Cedar St, Mobile, AL 36602	0.12	$681,300	3	3	3,240	Off Market
263 S Cedar St, Mobile, AL 36602	0.13	$485,600	3	1	2,919	Off Market
267 S Cedar St, Mobile, AL 36602	0.14	$679,100	3	2	2,734	Off Market
500 Canal St, Mobile, AL 36602	0.15	$417,100	4	3	1,798	Off Market
264 S Lawrence St, Mobile, AL 36602	0.13	$626,300	4	2	3,651	Off Market
260 N Lawrence St, Mobile, AL 36603	0.12	$620,000	4	2.5	2,619	Off Market
204 S Lawrence St, Mobile, AL 36602	0.02	$487,100	Studio	1	2,890	Off Market
210 S Lawrence St, Mobile, AL 36602	0.03	$207,900	2	1	835	Off Market
504 Eslava St, Mobile, AL 36602	0.06	$224,100	1	1	1,229	Off Market
207 S Cedar St, Mobile, AL 36602	0.03	$425,500	3	2.5	2,244	Off Market
209 S Cedar St, Mobile, AL 36602	0.04	$223,900	2	2	1,057	Off Market
211 S Cedar St, Mobile, AL 36602	0.05	-	2	-	1,800	Off Market

Local Information

Map ViewExplore the area around 501 Monroe St.
Schools1 Preschool School1 Elementary School1 Middle School2 High Schools
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Single-Family Home

2,542 sqft

$131/sqft

About this House

This single-family home is located at 501 Monroe St, Mobile, AL. 501 Monroe St is in the Central Business District neighborhood in Mobile, AL and in ZIP code 36602. This property has 2 bathrooms and approximately 2,542 sqft of floor space. This property has a lot size of 5749 sqft.

501 Monroe St, Mobile, AL 36602 is a studio, 2 bathroom, 2,542 sqft single-family home in Central Business District. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $333,100, with a rent estimate of $1,427/month.

Home Details for 501 Monroe St

Interior Features
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Other, Carpet, Hardwood
Heating & Cooling Air Conditioning

Exterior Features
Exterior Home Features Roof: AsphaltExterior: Wood, Brick
Parking & Garage Parking: Carport

Property Information
Property Type / Style Property Type: Single Family Home
Year Built Year Updated: 1990

Community
Units in Building: 1

Lot Information
Lot Area: 5749 sqft

Price and Tax history

Year	Property tax	Tax assessment
2025	$1,291	$213,600

Home facts updated by county records

Additional Cost

Market trends in Mobile

Last updated August 2026

Avg. sale price

$230K

$6.35KMoM

Sale-to-List Price

98.9%

0.3%MoM

Price per sq ft

$134

$0MoM

Available listings

1105

15MoM

Around this home

Florence Howard Elementary School
PK-5
Public
470 Students
Mobile County School District
7/10
GreatSchools Rating
Parent Rating Average
No reviews available for this school.

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Central Business District

12 Homes For You
Buy: $205k - $350k

See Local Highlights

Neighborhood stats provided by third party data sources.

What Locals Say about Central Business District

At least 11 Trulia users voted on each feature.

82 % Say car is needed
82 % Say it's walkable to restaurants
80 % Say yards are well-kept
65 % Say it's dog friendly
63 % Say there are sidewalks
61 % Say there's holiday spirit
55 % Say streets are well-lit
52 % Say they plan to stay for at least 5 years
50 % Say parking is easy
50 % Say kids play outside
48 % Say it's quiet
47 % Say people would walk alone at night
45 % Say it's walkable to grocery stores
42 % Say there's wildlife
35 % Say neighbors are friendly
33 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

Robert lombard
Resident
2y ago
"Great historic area. Former mayors. Widows if univrtsiyirs. Lawyers. Common blue collars. Great mix Callaghan’s 1946 Irish pub. "
1
Flag
Morgan.t.moss
Resident
6y ago
"There’s a quaint and well kept dog park in the area. Every dog I’ve seen around here has been leashed. "
0
Flag
Shauna K.
Visitor
8y ago
"not much crime friendly neighbors quite and well lit pet friendly and has a neighbourhood park. and a river in back of neighborhood dauphin island parkway"
4
Flag

LGBTQ Local Legal Protections

Frequently asked questions about 501 Monroe St

What is 501 Monroe St estimated to be worth?
Trulia's estimated value for 501 Monroe St in Mobile, AL is $333,100.
Is Mobile a buyer's or seller's market?
Mobile is currently a buyer's market, based on recent for-sale activity.
What's the median sale price in Mobile?
The median sale price in Mobile is $230K. That is up $6.35K from the prior month.
What do residents say about the Central Business District neighborhood?
Residents describe the Central Business District neighborhood in Mobile, AL as walkable to restaurants, well-kept, and dog-friendly. See recently sold homes in Central Business District, Mobile.
How big is the lot at 501 Monroe St?
The lot at 501 Monroe St in Mobile, AL is about 0.13 acres (5,749 sq ft).
Does 501 Monroe St have parking?
Yes, 501 Monroe St in Mobile, AL has on-site parking.