Homes for Sale Under 200K in Gulf Shores, AL

33 Homes for Sale

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Gulf Shores, AL Housing Market Overview

Gulf Shores is a buyer's market right now. Homes are sitting on the market for 73 days on average. With 6.3 months of supply, there's less pressure to rush and more room to negotiate on price and terms.

Status

Buyer's Market

Days on Market

73

Inventory

33

Aug 2021Mar 2024Mar 2026

Median Home Price

$457,500Down 0.00%

In Mar 2026 · YoY

Aug 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
33 Down 0.11%
Newly Listed Homes
164 Up 0.06%
Months of Supply
6.3 Down 1.70%

Housing Demand

Homes Sold
85 Down 0.00%
Sale-to-List Ratio
96% Down 0.57%
Homes Sold Above List
4.7% Up 0.76%

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

View Full Gulf Shores Market Report
No. of Homes
Prices
Days on Market
Homes for Sale Birmingham
3,727
$293,450
50
Homes for Sale Shelby
3,053
$59,450
-
Homes for Sale Montgomery
1,536
$200,000
64
Homes for Sale Fairhope
515
$560,000
58
Homes for Sale Huntsville
20
$362,500
71
  • mls-img
    Based on information from the Baldwin County Association of REALTORS® through Sep 21, 2026, 3:30 AM. 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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Gulf Shores, AL Housing Marketlink qauare
Homes Available icon

33

Homes Available

Median List Price icon

$ 457,500

Median List Price

Avg on Market icon

73 Days

Avg on Market

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