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Foreclosures in Fairhope, AL

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Fairhope, AL Foreclosures

How much do homes sell for in Fairhope, AL?
The average home price is currently $584,141.
In Fairhope, AL, how many homes are available?
There are currently 4 active home listings available in Fairhope.
What’s the average rental cost in Fairhope, AL?
The average rental price in Fairhope is $1,702.
What is the most expensive home in Fairhope?
The most expensive home sold in Fairhope had a price of $24,616,400.
What is currently the cheapest priced home in Fairhope, AL?
The cheapest home for sale in Fairhope is priced at $19,471.

Living in Fairhope, AL

Fairhope, Alabama, is a delightful town known for its beautiful waterfront views and the arts. The area is characterized by a friendly, small-town atmosphere with access to excellent schools and plenty of recreational activities. Residents benefit from a vibrant community spirit, making it a perfect place for families and retirees alike.

Current Market Conditions in Fairhope, AL

The real estate market in Fairhope has shown consistent growth, attracting both buyers and investors looking for waterfront properties. With an increase in demand for homes, prices have steadily risen, making this area a desirable location for those seeking quality living in a picturesque setting.

Growing interest in the Fairhope area has led to new developments and renovations, particularly in the downtown district. The market remains competitive, with properties frequently receiving multiple offers, indicative of the area's strong desirability.

Home Value Estimator For Fairhope, AL

There are currently 13,033 real estate properties in Fairhope, AL, with a median automated valuation model (AVM) price of $470,162.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fairhope, AL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Fairhope, AL, is $584,141.00, with the most expensive house in Fairhope, AL, topping out at $24,616,400.00 and the cheapest home in Fairhope, AL, clocking in at $19,471.00. In other words, there’s something for every potential homebuyer or savvy investor in Fairhope, AL!

Rent Prices In Fairhope, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairhope, AL, is on a rollercoaster ride. The average rent price in Fairhope, AL, is $1,702.00. Indeed, when looking to rent in Fairhope, AL, you can expect to pay as little as $560.00 or as much as $3,260.00, with the average rent median estimated to be $1,600.00. The good news is that finding an affordable and desirable property to rent in Fairhope, AL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Fairhope, AL Foreclosures


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