Fairhope, AL Home Values & Market Trends
Real estate market trends reflect that there have been 1,275 transactions over the past year in Fairhope. The median value for residential home transactions that occurred over the previous year is $437,028.97. The number of current listings in Fairhope is 47, and the percentage of properties for sale in the city is 95.92%. Fairhope, AL currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 47 properties for sale.
Housing Market Summary for Fairhope, AL
| Apr 2022 | April 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $449K | $425K | -5.34% |
| Median Sold Price | $382.6K | $425K | 11.09% |
| Homes For Sale | 33 | 53 | 60.61% |
| Homes Sold | 675 | 427 | -36.74% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Fairhope, AL
Browse Homes in Fairhope, AL
Fairhope home values range from $30,132 to $7,779,090. The median estimated value of a home in Fairhope is $437,028.97. The median list price of a home is 500,000, and the total count of properties in the city is 14,401.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Fairhope, 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 Fairhope, 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Fairhope, AL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Fairhope, AL. There is 1 zips within Fairhope, AL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions36532 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Fairhope, AL. Auction homes and other auction properties account for 0.01% of all properties in Fairhope, AL. There is 1 zips within Fairhope, AL; of that zips, the median estimated home value for homes going to auction ranges from $424,702 in 36532 to the lowest value of $392,687 in 36532.
