Zip 36532 (Fairhope, AL) Housing

The housing market in 36532 Fairhope, AL is experiencing a strong appreciation rate. The median value of homes in the area is $423,600, which is significantly higher than the US average of $338,100. This suggests that the area has become more desirable and successful economically. Over the past year, home values have appreciated by 14.17%, much higher than the national average of 8.27%. This fast rate of appreciation suggests that Fairhope’s housing market will continue to be a success in years to come.

The median home cost in Fairhope (zip 36532) is $423,600. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Fairhope (zip 36532) is up 15.3%.

Average Age of Homes

- The median age of Fairhope (zip 36532) real estate is 23 years old

The Rental Market in Fairhope (zip 36532)

- Renters make up 19.4% of the Fairhope (zip 36532) population
- 2.6% of houses and apartments in Fairhope (zip 36532), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Fairhope, Alabama	United States
	15,921.0	139,647,020.0
	23	42
	$423,600	$338,100
	15.3%	16.6%
	61.5%	57.0%
	97.4%	101.1%
	$3.78	$10.98
	$1,241	$2,690
	71.9%	57.4%
	15.3%	11.2%
	12.8%	31.4%
Vacant Housing
	2.6%	1.9%
	0.4%	0.4%
	2.1%	0.7%
	1.3%	0.4%
	4.5%	3.6%
	4.4%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	0.8%	2.4%
	1.2%	2.8%
	1.8%	3.9%
	1.3%	4.5%
	3.1%	11.3%
	9.7%	13.0%
	24.9%	20.1%
	15.6%	13.6%
	17.4%	8.3%
	12.0%	9.7%
	5.6%	3.9%
	2.2%	2.2%
	0.4%	0.8%
	1.4%	1.1%
Housing Units by Year Structure Built
	0.9%	0.2%
	23.5%	13.6%
	23.5%	13.6%
	21.6%	13.6%
	10.8%	13.2%
	7.6%	14.8%
	21.6%	13.6%
	3.6%	10.0%
	1.8%	4.7%
	3.8%	12.2%

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