Skip to Main Content
Close IconHouzeo

Do Real Estate on the Go!

OPEN APP

Homes for Sale Under 500K in Gulf Shores, AL

474 Homes for Sale

Sort by:

Showing 1 - 42 of 474 homes for sale in Gulf Shores, AL

Don't miss out on new listings — and get instant email alerts!

Do Real Estate on the Go!

Find your dream home, receive real-time updates, and many more!

OPEN APP

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

539

Oct 2021Mar 2024Mar 2026

Median Home Price

$457,500Down 0.00%

In Mar 2026 · YoY

Oct 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

7.18%Down 0.06%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
539 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 7.18% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Gulf Shores Market Report
Mortgage Calculator
How Much House Can I Afford
How to Buy a House
Best Places to Live in Alabama
Safest Places to Live in Alabama
Cheapest Places to Live in Alabama
  • mls-img
    Based on information from the Baldwin County Association of REALTORS® through Nov 7, 2026, 4:30 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.
  • mls-img
    Based on information from the Pensacola Association of REALTORS (alternatively, from the Pensacola MLS) through (date). This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Multiple Listing Service of the Pensacola Association of REALTORS®. All Rights Reserved.
Click to see all homes
static map image
Homes Available icon

474

Homes Available

Median List Price icon

$ 457,500

Median List Price

Avg on Market icon

73 Days

Avg on Market