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Fairhope

Why you'd want to live in Fairhope

The City of Fairhope began as a dream in the minds of a group of populist reformers who were seeking their own special utopia. Over a hundred similar utopian colonies had already come and gone in other locations including our very own founders' failed attempt at “The National Cooperative Company” colony in Louisiana. They went back to the planning stage and borrowed from Henry George’s Single Tax philosophy trying to solve some of the economic and social problems of the day. After searching several Southern states for possible sites, they chose the Eastern shore of Mobile Bay and declared November 15, 1894 as "Round-Up Day." Our founders settled on the high bluff where they bought clear-cut wasteland for $5.50 per acre. They thought using the Single Tax plan would give them at least a "fair hope" of succeeding. Thus, the Fairhope Single Tax Colony was founded, attracting supporters and financial backers from around the country and drawing an eclectic assemblage of industrious, creative and free-thinking people to Fairhope, Alabama. The City of Fairhope was established with around 500 residents in 1908, taking over responsibility for all municipal services. In the 1930s, the city became the caretaker of Fairhope's greatest assets, the beachfront park, the park lands on the bluff above the beach, Henry George Park, Knoll Park, and the quarter-mile long pier, all gifts of the Single Tax Colony, which continues to have an active presence in the city to this day. Fairhope has always been a resort community, early visitors came by Bayboat from Mobile to vacation in the small bay cottages and hotels along the bluff top. Vacationers came to Fairhope in the early days for many of the same reasons they do today: its pleasant climate, peaceful surroundings, and inspiring scenery. Over the years artists, writers, and craftsmen have found Fairhope to be an inspiring haven for their work and have helped to make the community what it is today. via fairhopeal.gov

Fairhope Market Report

$593,169

AVERAGE PRICE OF 724 HOMES

$293,271

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,838,234

AVERAGE PRICE OF 89 MULTI-MILLION DOLLAR HOMES

$626,706

AVERAGE PRICE OF 121 NEWLY BUILT HOMES

$871,613

AVERAGE PRICE OF 44 HOMES WITH A POOL

$756,195

AVERAGE PRICE OF 34 REDUCED PRICE HOMES

Average Home

Average Price $593,169
Avg Bedrooms 2.3 beds
Avg Bathrooms 1.92 baths

Average Price by Bedrooms

1 bedroom $749,790
2 bedrooms $439,282
3 bedrooms $663,573
4 bedrooms $726,689
5 bedrooms $1,534,193
Fairhope Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 671 676 705 724 750
Average Price $610,309 $627,597 $656,497 $650,939 $643,007
Avg Price Change -2.83% -4.60% +0.85% +1.23% +4.39%
Median Price $422,167 $414,285 $440,522 $462,372 $451,477
Med Price Change +1.90% -6.33% -4.96% +2.41% +1.61%
Avg Bedrooms 2.2 beds 2.13 beds 2.25 beds 2.33 beds 2.34 beds
Avg Bathrooms 1.87 baths 1.81 baths 1.91 baths 1.99 baths 1.98 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Fairhope 150 $572,448 251 days
Fairhope High 571 $598,604 170 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 724 $593,169 209 days
Distressed Homes 7 $293,271 51 days
Multi-Million Dollar Homes 89 $1,838,234 160 days
Newly Built Homes 121 $626,706 102 days
Homes with a Pool 44 $871,613 89 days
Reduced Price Homes 34 $756,195 103 days

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South Coast Properties
18352C Twin Beach Rd.
Fairhope, AL 36532
817-845-8584

IDX information is provided exclusively for consumers’ personal and non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Information is provided exclusively for consumers’ personal 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.
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