Is Fairhope, AL 36532 a buyer’s or seller’s market?
Fairhope is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 16% of U.S. ZIP codes, and #178 of 249 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Fairhope housing market right now
In the three months ending August 31, 2026, 11% of homes in Fairhope, AL 36532 sold above their list price, the typical home went under contract in 65 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 240 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 15%, homes sold about as fast and the median sale price rose 12% to $572,252. Overall, Fairhope is less competitive than a year ago, which gives buyers more room.
Within Baldwin County, homes here sell faster than in 56% of the county’s ZIP codes, and sell more often over asking than in 56%. On our competition score, Fairhope ranks #178 of 249 AL ZIP codes with enough sales (score 22 out of 100).
Nearby, buyers who want less competition could look at Stockton 36579 (0% sold over asking) or Point Clear 36564 (0% sold over asking), while Stapleton 36578 (33% sold over asking) and Summerdale 36580 (21% sold over asking) are even more competitive.
Run the numbers for 36532
Nearby markets
Bay Minette 36507Seller’s market $160 /sq ftBon Secour 36511 — /sq ftDaphne 36526Seller’s market $177 /sq ftElberta 36530Balanced $208 /sq ft Browse all markets →Towns like Fairhope nearby
Find towns like Fairhope in other states →Where Fairhope is
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Questions about Fairhope real estate
Is Fairhope a buyer’s or seller’s market?
A balanced market: there were 4.4 months of supply in Fairhope, AL 36532 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Fairhope?
The typical home went under contract in 65 days in the latest three months.
Do homes in Fairhope sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.
What are property taxes in Fairhope?
About 0.30% of a home’s value a year in Baldwin County, or roughly $1,200 on a $400,000 home.
What is the median home price in Fairhope?
The median sale price was $572,252 in the three months ending August 31, 2026, about $230 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology