Fairhope Housing Market Report March 2025•Baldwin County, Alabama

hero building illustration for mobile

Housing Prices in Fairhope, AL

How much do homes in Fairhope, AL cost?

Housing Market Conditions

Is Fairhope, AL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Fairhope is a Neutral Market

Difference Since March 2024

At the same time last year, Fairhope was a Seller's Market.

Insight

Fairhope is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$499,886$214/SqFt
+$37,727
+8.2%

Based on all homes sold in the last 12 months

Insight

Homes in Fairhope have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Fairhope was $499,886 in March 2025, up 8.2% from last year, and the median price per square foot was $214.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Fairhope
+8.2%
Daphne
+6.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$362K$385K
+6.4%
2$335K$382.5K
+14.2%
3$416.3K$430.2K
+3.3%
4$518K$549.8K
+6.1%
5$674.9K$739.5K
+9.6%

Summary: Fairhope housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +6.4%. The home price for 2 bedroom homes increased by +14.2%. The home price for 3 bedroom homes increased by +3.3%. The home price for 4 bedroom homes increased by +6.1%. The home price for 5 bedroom homes increased by +9.6%.

How does Fairhope, AL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Fairhope, AL

Housing supply in Fairhope, AL

How many homes are available in Fairhope, AL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
519Last MonthMar 2025
4392 months agoFeb 2025
+18.2 %
Change MoMFeb – Mar

Summary: The Fairhope real estate market had 519 homes for sale in Mar 2025, a 18.2 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
76Last MonthMar 2025
522 months agoFeb 2025
+46.2 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
142
-50.0%
22839
+39.3%
3166198
+19.3%
4188227
+20.7%
55353
0.0%

Summary: Fairhope housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes increased by +39.3%. The inventory for 3 bedroom homes increased by +19.3%. The inventory for 4 bedroom homes increased by +20.7%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Fairhope, AL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price7 Homes

At Asking Price10 Homes

Under Asking Price55 Homes

Insight

If you're buying a home in Fairhope, you may be able to get a good deal. 76.4% of homes here sold below asking price last month.

Summary: A total of 76 homes were sold or pending in Fairhope in March 2025, up by 46.2% month-over-month. Of the 72 sold homes, 76% were sold under asking, 14% were sold at asking, and and 10% were sold over asking.

Days on Market for Fairhope, AL

We’re sorry, we don't have information for this market at the moment.

Home sale times aren’t available for this area.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Fairhope, AL

What homes are available in Fairhope, AL?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in Alabama

MLS Disclaimers and Copyright

Based on information from Baldwin County MLS Inc., Gulf Coast Multiple Listing Service, Georgia MLS, and Pensacola MLS for the period 04/01/2023 - 04/01/2025

IDX Listing information Copyright © 2025 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 8:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is provided by Gulf Coast Multiple Listing Service, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Gulf Coast Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 8:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 8:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX 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.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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.