Foreclosures in Foley, AL

Current Market Conditions in Foley, AL

The current real estate market in Foley shows a growing trend with increasing home values, reflecting a rise in demand for properties as more people look to relocate to this scenic area. With a mix of single-family homes, townhouses, and condominiums available, the market offers diverse options suitable for various budgets and lifestyle needs.

Investors are increasingly showing interest in Foley due to its booming economy, which is driven by tourism and retail growth. As new developments and commercial projects emerge, the housing market is only expected to become more competitive, further enhancing property values.

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.