Fixer Upper Homes in Foley, AL

Current Market Conditions in Foley, AL

Foley's real estate market has been experiencing significant activity, attributed largely to the city's appealing lifestyle and robust economy driven by tourism and development. As more individuals and families look to relocate to coastal areas, Foley's home values have shown a steady increase, reflecting ongoing demand in the housing sector. Competitive pricing and diverse property options continue to attract buyers, especially from surrounding states and major cities.

In recent months, Foley has seen a surge in new housing developments, with a mix of single-family homes and townhouses being constructed to accommodate the growing population. This increase in housing availability is expected to ease some pressure in the market and provide more options for prospective homeowners.

Rent Prices In Foley, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Foley, AL, is on a rollercoaster ride. The average rent price in Foley, AL, is $1,206.00. Indeed, when looking to rent in Foley, 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 $1,170.00. The good news is that finding an affordable and desirable property to rent in Foley, 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.