Price Drop: $5K
$165,000
1
2Bds
2Ba
1,063sqft
Sale Pending
Blue Heron Realty, Linda Lou Parsons
Cheap Homes for Sale in Fairhope, AL
3 Homes for Sale
Sort by:Newest Listings
Price Drop: $5K
No HOA
$180,000
1
3Bds
2Ba
1,242sqft
Sale Pending
Waters Edge Realty, Kendall Wahlert
$180,000
3
2Bds
1Ba
800sqft
Single family home for sale
Exit Realty Gulf Shores, Jenise Brocks
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Fairhope, AL Housing Market Overview
Fairhope is a balanced market, giving buyers and sellers room to negotiate. With 3.1 months of supply and homes averaging 58 days on the market, you can make decisions without the pressure of a highly competitive market.
Status
Balanced Market
Days on Market
58
Inventory
3
Aug 2021May 2024Jul 2026
Median Home Price
$560,000Up 24.46%
In Jul 2026 · YoY
Aug 2021May 2024Jul 2026
Mortgage Rates 30-Yr Fixed
6.23%Down 0.58%
Current rate · YoY
Loan Type
30-Year Fixed
Housing Supply
- Homes For Sale
- 3 Down 0.00%
- Newly Listed Homes
- 103 Down 0.00%
- Months of Supply
- 3.1 Down 0.00%
Housing Demand
- Homes Sold
- 135 Down 8.16%
- Sale-to-List Ratio
- 96.7% Up 0.11%
- Homes Sold Above List
- 12.4% Up 19.44%
30-yr fixed rate 6.23% · Data as of Jul 2026 · Source: Houzeo Research.
View Full Fairhope Market ReportNo. of Homes
Prices
Days on Market
No. of Homes
Based on information from the Baldwin County Association of REALTORS® through Sep 20, 2026, 1:00 PM. Information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but is not guaranteed accurate by the MLS. Some listings have been excluded from this website.This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Baldwin County Board of REALTORS® Multiple Listing Service. All Rights Reserved.
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Fairhope, AL Housing Market
3
Homes Available
$ 560,000
Median List Price
58 Days
Avg on Market
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