Fairhope is selling about 79 homes a month at an average of $640,916, taking a typical 80 days. There are 340 homes on the market and 40 under contract — about 4.3 months of supply.
The numbers
Measure | Rolling 6 months |
|---|---|
Homes selling per month | 79 |
Average sale price | $640,916 |
Days on market | 80 |
Homes for sale | 340 |
Under contract | 40 |
Pending ratio | 12% |
Months of supply | 4.3 |
What's actually going on
Fairhope is the most expensive mainland market in Baldwin County — an average sale of $640,916 — and it's slowing. The pending ratio is 12%, meaning only about one home in eight currently listed is under contract. Compare that to Daphne next door at 25%.
Homes take a median of 80 days to sell here, and there are 4.3 months of inventory on the market.
None of that makes Fairhope a weak market. It's a destination town — the downtown, the bay, the schools — and destination towns run on a different clock than commuter suburbs. But a seller pricing off what Fairhope sold for eighteen months ago is going to sit.
If you're selling
With 340 homes listed and about 79 selling a month, you're competing against roughly 4.3 months of inventory. The pending ratio — 12% — is the number to watch: it's the share of listed homes that have actually found a buyer, and it tells you more about current conditions than the average price does.
If you're buying
340 homes are on the market and only 40 are under contract. At 80 days to sell, anything that's been listed longer than that is worth an offer below asking.
Common questions
Is Fairhope a buyer's or seller's market? About 4.3 months of supply. Under four months generally favours sellers; over six favours buyers.
How long does it take to sell a house in Fairhope? Around 80 days on average.
What do homes cost in Fairhope? The average sale is about $640,916, covering residential, condo / townhome.
A note on this data: Baldwin County figures come from AreaPro and cover a rolling six-month period using averages, while our Florida city reports use single-month medians from the Pensacola MLS. The two aren't directly comparable — averages run higher than medians, and a six-month window smooths out short-term movement. Compare Baldwin cities to each other, and Florida cities to each other.
Data: AreaPro, Baldwin County AL, Residential, Condo / Townhome. Pulled September 2, 2026.
Tyler Darden — REALTOR®, Military Relocation Professional · Real Broker, LLC · Licensed in Florida (SL3662859) and Alabama (146317)
