Homes for Sale Under 500K in Gulf Shores, AL

431 Homes for Sale

Sort by:Newest Listings

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

431

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
431 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.
  • mls-img
    Based on information from the Greater Alabama MLS through Sep 21, 2026, 3:31 AM. Information is provided exclusively for consumers’ personal, non-commercial use, 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.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 Greater Alabama MLS, Inc. All rights reserved.

Homes for Sale by State

Homes For Sale Near MeAlaska Homes For SaleAlabama Homes For SaleArkansas Homes For SaleArizona Homes For SaleCalifornia Homes For SaleColorado Homes For SaleConnecticut Homes For SaleDistrict of Columbia Homes For SaleDelaware Homes For SaleFlorida Homes For SaleGeorgia Homes For SaleIowa Homes For SaleIdaho Homes For Sale
Illinois Homes For SaleKansas Homes For SaleIndiana Homes For SaleKentucky Homes For SaleLouisiana Homes For SaleMassachusetts Homes For SaleMaryland Homes For SaleMichigan Homes For SaleMinnesota Homes For SaleMissouri Homes For SaleMississippi Homes For SaleMontana Homes For SaleNorth Carolina Homes For SaleNorth Dakota Homes For SaleNew Hampshire Homes For Sale
New Jersey Homes For SaleNew Mexico Homes For SaleNevada Homes For SaleNew York Homes For SaleOhio Homes For SaleOklahoma Homes For SalePennsylvania Homes For SaleRhode Island Homes For SaleSouth Carolina Homes For SaleTennessee Homes For SaleTexas Homes For SaleVirginia Homes For SaleVermont Homes For SaleWashington Homes For SaleWisconsin Homes For Sale
PricingFlat Fee MLSFAQSeller GuideHow Houzeo Works?ReviewsAbout UsBlogContact UsTerms of UsePrivacy PolicyFair Housing PolicyCookie PreferencesConsent to Contact ConsumerRefund and Cancellation PolicyMLS DisclaimersEditorial Guidelines

Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)

TREC: Info About Brokerage Services, Consumer Protection Notice.

§ 442‑H New York Standard Operating Procedure.

New York State Fair Housing Notice.

Click to see all homes
static map image
Satellite
Gulf Shores, AL Housing Marketlink qauare
Homes Available icon

431

Homes Available

Median List Price icon

$ 457,500

Median List Price

Avg on Market icon

73 Days

Avg on Market

Close IconHouzeo

Do Real Estate on the Go!

OPEN APP
For Sale
Price
Beds & Baths
Home Type
Filters
Save Search Share