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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 $586,648.
In Fairhope, AL, how many homes are available?
There are currently 46 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 $25,048,300.
What is currently the cheapest priced home in Fairhope, AL?
The cheapest home for sale in Fairhope is priced at $19,706.

Living in Fairhope, AL

Fairhope, AL is a picturesque town on the eastern shore of Mobile Bay, known for its vibrant arts scene, outdoor recreational activities, and friendly community. With a charming downtown and excellent schools, it offers an ideal setting for families and retirees alike. Residents enjoy a laid-back lifestyle with beautiful bay views and numerous annual festivals.

Current Market Conditions in Fairhope, AL

The real estate market in Fairhope has remained strong, with increasing demand for homes due to its desirable location and quality of life. Prices for single-family homes have risen steadily, reflecting the town's popularity among new residents and retirees seeking a picturesque setting by the bay.

Many buyers are drawn to Fairhope for its historic architecture, diverse neighborhoods, and close-knit community atmosphere. The current market exhibits a range of home prices, from affordable starter homes to luxurious waterfront properties, catering to various demographics.

Home Value Estimator For Fairhope, AL

There are currently 13,034 real estate properties in Fairhope, AL, with a median automated valuation model (AVM) price of $469,497.00. 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 $586,648.00, with the most expensive house in Fairhope, AL, topping out at $25,048,300.00 and the cheapest home in Fairhope, AL, clocking in at $19,706.00. 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

Market Trend for Fairhope, AL

Total Listings Available: 46

Market Values:

Home Prices from $19,706 to $25,048,300

Average Sales Price: $586,648

Rental Values:

Rental from $560 to $3,260

Average Rent Value: $1,702 / month

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