Market Overview
Home Prices in Coden, AL
The median home value in Coden, AL is $154,071 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and down 4.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Coden are priced62% below average. Coden is part of the Mobile, AL metro area.
Over the past five years, Coden home values have risen by approximately11.8%, reflecting steady appreciation in this market.
Price History
Coden Home Price Trend
2020
$123,092
$123K
—
2021
$137,825
$138K
+12.0%
2022
$151,809
$152K
+10.1%
2023
$153,627
$154K
+1.2%
2024
$158,815
$159K
+3.4%
2025
$151,780
$152K
-4.4%
2026
$154,071
$154K
+1.5%
City Comparison
Coden vs. National Median
🏠 Coden
$154,071
National Median
$410,000
At $154,071, homes in Coden cost 62% below the national median of $410,000. This makes Coden a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Coden?
20% Down Payment
$30,814
on $154,071
Monthly P&I
$804/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,021/mo
incl. taxes & insurance
Income Needed
$40,840
gross annual (30% rule)
10% Down Option
$15,407
+ PMI applies
Loan Amount (20% dn)
$123,257
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Coden, AL?
The median home value in Coden is $154,071 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Coden?
Over the past year, home values in Coden have increased by 1.5%. Over five years, prices have risen approximately 11.8%.
How much do I need to earn to buy a home in Coden?
To comfortably afford the median home price of $154,071 with a 20% down payment ($30,814) at today's rates (6.8%), you'd need a gross annual income of approximately $40,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Coden compare to the national average home price?
The national median home value is approximately $410,000. At $154,071, homes in Coden are 62% below the national average.
What metro area is Coden part of?
Coden is part of the Mobile, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.