Gulf Shores, AL

Buyer's market-4.8% YoY

Housing market overview · Updated weekly

$450,000median sale price

Homes sold

61

Last 12 weeks

Days on market

121

Average pace

Active listings

499

8.2 months supply

Sale-to-list

96.5%

Below asking

The Gulf Shores housing market is currently classified as a buyer's market with a median sale price of $450,000. Prices have fallen 4.8% compared to last year, with homes spending an average of 121 days on market, indicating 8.2 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 Gulf Shores

There are currently 499 homes listed for sale in Gulf Shores, Alabama. The median listing price is $525K.

Active listings

499

Homes on market

Median list price

$525K

Avg. days on market

121

Days until sale

New this week

125

Newly listed

Price drops:15.6%of listings
Sale-to-list:96.5%

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Frequently asked questions

What is the average home price in Gulf Shores?

The median home sale price in Gulf Shores is $450,000, down 4.8% from last year.

How long do homes stay on market in Gulf Shores?

Homes typically spend 121 days on market before going under contract.

Is Gulf Shores a buyer's or seller's market?

With 8.2 months of supply, Gulf Shores is currently a buyer's market.

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