Fairhope, AL Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Fairhope, AL is $520,000, down 11.8% year-over-year. Homes sell in an average of 59 days with 197 active listings. The market is currently a buyer's market.
$520,000median sale price
Is Fairhope a buyer's or seller's market?
Fairhope, AL is currently a buyer's market, based on 6.0 months of supply and homes selling in about 59 days. How we determine this →
Homes sold
33
Last 12 weeks
Days on market
59
Average pace
Active listings
197
6.0 months supply
Sale-to-list
96.9%
Below asking
Fairhope, AL market data
| Metric | Value |
|---|---|
| Median sale price | $520,000 |
| Median list price | $649,000 |
| Year-over-year price change | -11.8% |
| Average days on market | 59 days |
| Active inventory | 197 listings |
| Months of supply | 6.0 months |
| Sale-to-list price ratio | 96.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Fairhope housing market is currently classified as a buyer's market with a median sale price of $520,000. Prices have fallen 11.8% compared to last year, with homes spending an average of 59 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Fairhope
There are currently 197 homes listed for sale in Fairhope, Alabama. The median listing price is $649K.
Active listings
197
Homes on market
Median list price
$649K
Avg. days on market
59
Days until sale
New this week
69
Newly listed
Top public schools in Fairhope
5 schools tracked · 5,056 students
The largest public schools serving Fairhope, AL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Fairhope High School
Grades 9-12 · 1,642 students
Fairhope West Elementary
Grades PK-6 · 990 students
Fairhope East Elementary
Grades K-6 · 851 students
J Larry Newton School
Grades PK-6 · 846 students
Fairhope Middle School
Grades 7-8 · 727 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Explore nearby cities in AL
Frequently asked questions
What is the average home price in Fairhope?
The median home sale price in Fairhope is $520,000, down 11.8% from last year.
How long do homes stay on market in Fairhope?
Homes typically spend 59 days on market before going under contract.
Is Fairhope a buyer's or seller's market?
With 6.0 months of supply, Fairhope is currently a buyer's market.
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