Homes for Sale Under 500K in Fairhope, AL

206 Homes for Sale

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Fairhope, AL Housing Market Overview

Fairhope is a balanced market, giving buyers and sellers room to negotiate. With 3.7 months of supply and homes averaging 64 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

64

Inventory

166

Sep 2021Jun 2024Sep 2026

Median Home Price

$610,000Up 7.49%

In Sep 2026 · YoY

Sep 2021Jun 2024Sep 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
166 Up 38.33%
Newly Listed Homes
206 Up 62.20%
Months of Supply
3.7 Up 60.87%

Housing Demand

Homes Sold
134 Down 12.99%
Sale-to-List Ratio
96.3% Up 0.19%
Homes Sold Above List
7.6% Down 5.03%

30-yr fixed rate 6.23% · Data as of Sep 2026 · Source: Houzeo Research.

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  • mls-img
    Based on information from the Baldwin County Association of REALTORS® through Oct 22, 2026, 3:47 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 Marketlink qauare
Homes Available icon

206

Homes Available

Median List Price icon

$ 610,000

Median List Price

Avg on Market icon

64 Days

Avg on Market

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