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Fairhope, AL

Full City Profile · Alabama · Baldwin County County

3.7 /5.0
B+ Good
23,360 Population 1,575/sq mi density
$86,509 Median Income $52,160 per capita
$406,500 Home Value $455,772 Zillow
$1,637 Median Rent 35.5% income on rent
66°F Avg Temperature 313 sunny days/yr
301 Violent Crime/100K 3,148 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$86,509 median income, 2.0% unemployment
A
Affordability
4.0 / 5.0
$406,500 home value, $1,637/mo rent
F
Safety
1.0 / 5.0
301 violent crimes/100K
A+
Education
5.0 / 5.0
53.4% bachelor's degree or higher

Housing Overview

Median Home Value
$406,500
44% above
US avg: $281,900
Median Rent
$1,637/mo
41% above
US avg: $1,163/mo
Homeownership Rate
81.6%
25% above US avg (65.4%)
Total Housing Units
9,956
Median year built: 1997

Home Value by Source

Census Median
$406,500
Zillow (ZHVI)
$455,772
Median Sale Price
$520,000
Median List Price
$649,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

81.6%
Owner-Occupied
18.4%
Renter-Occupied
82%
18%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$716/mo
1 Bedroom
$772/mo
2 Bedroom
$936/mo
3 Bedroom
$1,206/mo
4 Bedroom
$1,381/mo
Census median rent: $1,637/mo · Zillow rent: $2,059/mo

Market Indicators (Redfin)

Median Days on Market
59 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
33
Price Drops
12.2%
of listings with price reduction
Price Per Sq Ft
$229
Active Inventory
197
homes for sale

Affordability & Housing Stock

Rent Burden
35.5%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
81.6%

Complete Housing Data

Home Values

Census Median Value$406,500
Zillow Home Value (ZHVI)$455,772
Median Sale Price$520,000
Median List Price$649,000
Price Per Sq Ft$229

Rent

Census Median Rent$1,637
Zillow Rent (ZORI)$2,059
FMR Studio$716
FMR 1-Bedroom$772
FMR 2-Bedroom$936
FMR 3-Bedroom$1,206
FMR 4-Bedroom$1,381

Market

Days on Market59
Sale-to-List Ratio1.0%
Price Drops12.2%
Homes Sold33
Active Inventory197
Price Per Sq Ft$229

Ownership & Stock

Owner-Occupied81.6%
Renter-Occupied18.4%
Homeownership Rate81.6%
Total Housing Units9,956
Median Year Built1997
Rent Burden35.5%