Gulf Shores, AL Foreclosures
How much do homes sell for in Gulf Shores, AL?
The average home price is currently $574,043.
In Gulf Shores, AL, how many homes are available?
There are currently 4 active home listings available in Gulf Shores.
What’s the average rental cost in Gulf Shores, AL?
The average rental price in Gulf Shores is $1,508.
What is the most expensive home in Gulf Shores?
The most expensive home sold in Gulf Shores had a price of $14,759,256.
What is currently the cheapest priced home in Gulf Shores, AL?
The cheapest home for sale in Gulf Shores is priced at $27,825.
Living in Gulf Shores, AL
Gulf Shores, Alabama, is a picturesque coastal city celebrated for its white sandy beaches and vibrant community atmosphere. With a plethora of outdoor activities, dining options, and family-friendly events year-round, it is both a vacation hotspot and a welcoming place to call home. Residents enjoy a laid-back lifestyle, excellent schools, and recreational facilities in an idyllic setting.
Current Market Conditions in Gulf Shores, AL
The real estate market in Gulf Shores has seen significant growth in recent years, driven by a surge in demand for vacation properties as well as permanent residences. With its stunning beachfront and appealing lifestyle, many buyers are looking to invest in homes here, contributing to a competitive market. Current trends indicate an increase in new developments and renovations, catering to a wide range of buyers.
As of the last quarter, properties in Gulf Shores are frequently receiving multiple offers, especially during peak tourist seasons. The average days on the market have decreased, resulting in quicker sales. The price per square foot has increased compared to last year, reflecting the high demand for coastal properties.
Home Value Estimator For Gulf Shores, AL
There are currently 15,456 real estate properties
in Gulf Shores, AL,
with a median automated valuation model (AVM) price
of $467,995.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gulf Shores, 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 Gulf Shores, AL,
is $574,043.00, with the most expensive house
in Gulf Shores, AL, topping out
at $14,759,256.00 and the cheapest home
in Gulf Shores, AL,
clocking in at $27,825.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gulf Shores, AL!
Rent Prices
In Gulf Shores, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gulf Shores, AL, is on
a rollercoaster ride. The
average rent price in Gulf Shores, AL,
is $1,508.00. Indeed, when looking to rent in
Gulf Shores, 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 $1,420.00. The good news is that finding
an affordable and desirable property to rent in Gulf Shores, 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.
Learn more on Foreclosure homes
