Foley Housing Market Report January 2025•Baldwin County, Alabama

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Housing Prices in Foley, AL

How much do homes in Foley, AL cost?

Housing Market Conditions

Is Foley, 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

Foley is a Buyer's Market

Difference Since January 2024

At the same time last year, Foley was a Neutral Market.

Insight

Foley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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.
$325,775$178/SqFt
+$6,185
+1.9%

Based on all homes sold in the last 12 months

Insight

Homes in Foley have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Foley was $325,775 in January 2025, up 1.9% from last year, and the median price per square foot was $178.

Median Sold Price By City

Median Sold Price By City
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
Foley
+1.9%
Elberta
-12.1%

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.
BedsJan 2024Jan 2025Change YoY
1$793.7K$355K
-55.3%
2$284.7K$292.5K
+2.7%
3$292.2K$301.5K
+3.2%
4$352.1K$365.3K
+3.7%
5$461.8K$480.5K
+4.0%

Summary: Foley housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -55.3%. The home price for 2 bedroom homes increased by +2.7%. The home price for 3 bedroom homes increased by +3.2%. The home price for 4 bedroom homes increased by +3.7%. The home price for 5 bedroom homes increased by +4.0%.

Housing supply in Foley, AL

How many homes are available in Foley, 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
450Last MonthJan 2025
4182 months agoDec 2024
+7.7 %
Change MoMDec – Jan

Summary: The Foley real estate market had 450 homes for sale in Jan 2025, a 7.7 % increase compared to Dec 2024.

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
63Last MonthJan 2025
892 months agoDec 2024
-29.2 %
Change MoMDec – Jan

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.
BedsDec 2024Jan 2025Change MoM
123
+50.0%
22225
+13.6%
3211233
+10.4%
4166170
+2.4%
51719
+11.8%

Summary: Foley housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes increased by +13.6%. The inventory for 3 bedroom homes increased by +10.4%. The inventory for 4 bedroom homes increased by +2.4%. The inventory for 5 bedroom homes increased by +11.8%.

Asking Price vs. Sold Price

How much do homes in Foley, 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 Price6 Homes

At Asking Price19 Homes

Under Asking Price33 Homes

Insight

If you're buying a home in Foley, you may be able to get a good deal. 56.9% of homes here sold below asking price last month.

Summary: A total of 63 homes were sold or pending in Foley in January 2025, down by 29.2% month-over-month. Of the 58 sold homes, 57% were sold under asking, 33% were sold at asking, and and 10% were sold over asking.

Days on Market for Foley, AL

How long does it take to sell a home in Foley, AL?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in Foley are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During January 2025, 63 homes were sold in Foley; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
112 DaysThis YearJan 2025
0 Days1 year agoJan 2024
0.0 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Foley had an average listing age of 112 days in Jan 2025, down by .0% compared to the previous year.

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Newest Listings in Foley, AL

What homes are available in Foley, AL?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Baldwin County MLS Inc., Gulf Coast Multiple Listing Service, Pensacola MLS, and Montgomery Area Association of Realtors MLS for the period 02/01/2023 - 02/01/2025

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: 2/11/2025, 1:20:53 PM 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: 2/11/2025, 1:20:52 PM 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: 2/11/2025, 1:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 1:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.