Fairhope, AL Real Estate Market Summary – September 7, 2026
Over the past 30 days, the Fairhope, AL real estate market has been active, with 61 homes sold across all property types. The average home sold had roughly 2,400 square feet and was built in the late 2000s, reflecting a mix of modern and established properties. The typical time on market remains low, with an average of around 13 days, indicating strong buyer demand. Median sale prices are strong, and turnover continues at a brisk pace with over 2 homes sold per day during this period.
| Metric | 30 Days |
|---|---|
| Number Sold | 61 |
| Sold Per Day | 2.03 |
| Average SQFT | 2,418 |
| Median Sales Price | $550,000 |
| Average Sales Price | $681,504 |
| Average Price Per SQFT | $269 |
| Average Days on Market | 13 |
| Average Year Built | 2007 |
Fairhope, AL Single Family Home Analysis
Single family homes represented the majority of activity, with 58 sales in the past 30 days. Homes in this category averaged just under 2,500 square feet, with most having been built around 2007. Single family properties sold quickly, averaging under 13 days on the market. The median sale price for these homes was $540,216, with an average sales price of $683,082.
| Metric | 30 Days |
|---|---|
| Number Sold | 58 |
| Sold Per Day | 1.93 |
| Average SQFT | 2,420 |
| Median Sales Price | $540,216 |
| Average Sales Price | $683,082 |
| Average Price Per SQFT | $268 |
| Average Days on Market | 13 |
| Average Year Built | 2007 |
Fairhope, AL Condo & Townhome Analysis
Condo and townhome activity was limited, with 3 units sold over the last 30 days—roughly 1 closing every 10 days. These homes averaged 2,370 square feet in size and tended to be newer, with most built around 2016. The average sales price for this segment was $651,000, while the median was $598,000. Properties in this category spent a slightly longer time on the market, averaging 19 days before sale.
| Metric | 30 Days |
|---|---|
| Number Sold | 3 |
| Sold Per Day | 1 every 10.00 days |
| Average SQFT | 2,370 |
| Median Sales Price | $598,000 |
| Average Sales Price | $651,000 |
| Average Price Per SQFT | $284 |
| Average Days on Market | 19 |
| Average Year Built | 2016 |
Buyer & Seller Analysis
- Homes in Fairhope move quickly, with average time on market remaining below two weeks for most segments.
- Single family homes dominate sales and offer a broad selection with competitive price points.
- Condo and townhome sales are much slower, with just one closing every 10 days, suggesting limited inventory or demand in this segment.
- Median and average sales prices indicate a robust real estate market with properties spanning a wide price range.
- All pricing and market stats reflect closed sales only from the most recent 30-day window.
Conclusion
The Fairhope, AL real estate market maintains a healthy pace, particularly among single family homes, where demand and quick sales are evident. Condo and townhome options are limited and tend to be newer, larger units at higher price points. These trends provide valuable guidance for buyers and sellers planning their next steps in the Fairhope area.