Housing in Fairhope, AL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$642,825
Median List Price
$549,900
Price Per Sq Ft
$247
Days on Market
113
Active Inventory
162
Months of Supply
5.2
Balanced market
Zillow Home Value
$450,111
ZHVI — January 2026
Zillow Rent Index
$2,136
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
6.5%
Off Market in 2 Weeks
17.5%
Sale-to-List Ratio
96.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
31
New Listings
31
Pending Sales
40
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$247
Median List $/SF
$276
Fairhope vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Fairhope is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$406,500
Median Rent
$1,637
Total Housing Units
10,360
Vacancy Rate
10.1%
Owner Occupied
81.6%
Renter Occupied
18.4%
Median Property Tax
$1,614
per year
Monthly Cost (w/ Mortgage)
$1,242
Housing Types
The current median sale price in Fairhope, AL is $642,825 according to Redfin data. Homes spend a median of 113 days on the market. 6.5% of homes sold above asking price. The market has 5.2 months of supply. The median price per square foot is $247. Zillow's observed rent index is $2,136/month. About 81.6% of housing units are owner-occupied. The median year homes were built is 1997. There are 10,360 total housing units.