Orange Beach, AL Home Values & Market Trends

Real estate market trends reflect that there have been 899 transactions over the past year in Orange Beach. The median value for residential home transactions that occurred over the previous year is $690,010.92. The number of current listings in Orange Beach is 150, and the percentage of properties for sale in the city is 150.00%. Orange Beach, AL currently has 4 properties in foreclosure, 3 bank owned properties, 1 properties headed for auction, and 150 properties for sale.

Orange Beach, AL Real Estate Market Overview

ZipMedian Est. Value
36561

$ 699,000

$ 476/sqft

Housing Market Summary for Orange Beach, AL

Apr 2023March 2024Change
Median Listing Price$769K$658K-14.43%
Median Sold Price$634.7K$658K3.67%
Homes For Sale9512733.68%
Homes Sold521380-27.06%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Orange Beach, AL

Orange Beach home values range from $29,722 to $22,970,785. The median estimated value of a home in Orange Beach is $690,010.92. The median list price of a home is 721,950, and the total count of properties in the city is 14,958.

Foreclosure
There is 1 zips within Orange Beach, AL; within this zips, the median estimated home value for homes in foreclosure ranges from $683,861 in 36561 to the lowest value of $390,000 in 36561. Foreclosure homes account for 0.00% of properties in Orange Beach, AL with 36561 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Orange Beach, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Orange Beach, AL; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Orange Beach, AL ranges from the highest value of $683,861 in 36561 to the lowest value of $409,000 in 36561. Bank owned homes and properties account for 0.02% of properties in Orange Beach, AL. There is 1 zips within Orange Beach, AL; 36561 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    36561 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Orange Beach, AL. Auction homes and other auction properties account for 0.01% of all properties in Orange Beach, AL. There is 1 zips within Orange Beach, AL; of that zips, the median estimated home value for homes going to auction ranges from $390,000 in 36561 to the lowest value of $390,000 in 36561.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.00% of residential properties in Orange Beach, AL with 36561 containing 150 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Orange Beach, AL; homes for sale in that zips, have a range of median values from $3,900,000 in 36561 to the lowest value of $214,114 in 36561.
    Sold Homes
    The median value for recently sold homes ranges from $4,950,400 in 36561 to the lowest price of $75,795 in 36561. There is 1 zips within Orange Beach, AL. 36561 has 379 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.53% of properties in Orange Beach, AL.

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      Guide for Orange Beach, AL

      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Home Buying Tools
      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Market Reports|posted 20 March 2024

      Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.

      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Tools|posted 5 June 2021

      Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Recently Listed Homes Orange Beach, AL

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