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Daphne-Fairhope-Foley, AL housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$371,460+0.1% YoY · prices are flat
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 16% have cut their price
Income needed to buy, per year$80,525About 1.0× the local median income ($82,519): affordable for a typical household
Days on market92 daysAbout the same pace as a year ago
Next 12 months+1.9%Zillow expects prices to rise slightly

The typical home in Daphne-Fairhope-Foley, AL is worth $371,460, about the same as a year ago. That is slightly above what local incomes have historically supported: fair value is about $367,058, so the area is 1.2% overvalued. It is a balanced market, leaning toward sellers: homes take about 92 days to sell, listings are down 10% from a year ago, 16% of listings have had a price cut. Zillow expects prices to rise about 1.9% over the next year. A household needs about $80,525 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $82,519. Typical rent is $1,701 a month, or $2,092 for a house. In the latest IRS figures, 4,662 more people moved in than out.

Home value over time

$0K$100K$200K$300K19801990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$371,460
Change in 1 year+0.1%
Overvalued %+1.2%
Show 7 more
Fair home value$367,058
Change in 5 years+16.5%
Zillow forecast, next 12 months+1.9%
Home value to income4.5×
Monthly mortgage payment (20% down)$2,013
Income needed to afford it$80,525
Property tax rate0.30%

Rent and investing

Typical rent$1,701
Typical rent for houses$2,092
Price-to-rent ratio18.2×
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HUD Fair Market Rent, 2 bedrooms$1,434
Gross rental yield5.49%
Cap rate (estimate)3.57%

Market activity

Listings vs a year ago−10.4%
Days on market92
Listings with a price cut15.5%
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Homes for sale2,746
Pending sales per 100 listings26
Asking price per sq ft$325

People and jobs

Median household income$82,519
Population change (1 year)+2.3%
Unemployment rate3.0%
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Population267,761
Income adjusted for cost of living$87,137
Net moves in (IRS)+4,662
Cost of living (US = 100)94.7

Schools, risk and environment

School rating (1 to 10)7.2
FEMA hazard risk score (0 to 100)96.7
Unhealthy air days a year0
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Flood risk score92.2
Wildfire risk score90.8
Walkability (1 to 20)6.8
Road, rail and air noise54 dB

Questions people ask

Is Daphne-Fairhope-Foley, AL overvalued?
Home prices in Daphne-Fairhope-Foley, AL are slightly above what local incomes have historically supported: fair value is about $367,058, so the area is 1.2% overvalued.
Is Daphne-Fairhope-Foley, AL a buyer's or seller's market?
Daphne-Fairhope-Foley, AL is a balanced market, leaning toward sellers: homes take about 92 days to sell, listings are down 10% from a year ago, 16% of listings have had a price cut.
Are home prices going down in Daphne-Fairhope-Foley, AL?
Home values in Daphne-Fairhope-Foley, AL are up 0.1% over the last year. Zillow's forecast for the next 12 months is +1.9%.
How much do you need to earn to buy a home in Daphne-Fairhope-Foley, AL?
A household needs about $80,525 a year to afford the typical home in Daphne-Fairhope-Foley, AL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $82,519.

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