Fairhope AL Multi-family Properties For Sale
The median home value in Fairhope, AL is $420,700. This is higher than the county median home value of $357,700. The national median home value is $338,100. The average price of homes sold in Fairhope, AL is $420,700. Approximately 72.82% of Fairhope homes are owned, compared to 14.91% rented, while 12.27% are vacant. Fairhope real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Fairhope real estate agent to arrange a tour today!
Learn More About Fairhope Real EstateStatistics & facts
21,825
Population
$420K
Medium Home Value
8,119
# of Households
12.26%
Housing Vacancy
48.30%
Future Job Growth
1.60%
Unemployment Rate
The data on this web site comes in part from the West Alabama Multiple Listing Service, Inc.. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or selling. Information is believed to be reliable, but not guaranteed. All rights reserved. Copyright 2025 West Alabama Multiple Listing Service, Inc.
Population
Fairhope has a population of approximately 21,825 and experiences a population change rate of 74.88%. The population density is 1,572.6 / sq mi.
Household
The median household income for Fairhope is $83,258, with 8,119 households and an average household size of 2.67.
Cost of Living
The cost of living index in Fairhope is 108.3%.
Home Value
The median value of a home in Fairhope is $420,700 with an appreciation rate of 15.3%. 72.8% of housing in the city is owned while 14.9% is rented.
Employment
The unemployment rate in Fairhope is 1.60%, and recent job growth is at 2.06%. Future job growth is projected at 48.30%.
Taxes
The sales tax rate in Fairhope is 9.50%, while the income tax rate is 5.00%.
Education
School expenditures in Fairhope are $12,984, and the school ratio is 17.7:1.
Weather
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 38.3 degrees. The average rainfall is approximately 66.9 inches per year, with 0 inches of snow per year.
Education near Fairhope AL
| Metric | City | County |
|---|---|---|
| High School Graduates | 95.24 | 91.01 |
| College Degree - 2 year | 8.02 | 9.47 |
| College Degree - 4 year | 54.01 | 32.45 |
| Graduate Degree | 16.57 | 8.57 |
| Expenditures per Student | $12,984 | $12,984 |
| Students per Teacher | 17.70 | 17.70 |
Elementary Schools near Fairhope AL
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Daphne East Elementary School | KG - 06 | 1007 | 19.5 | 36526 |
| Daphne Elementary School | KG - 03 | 685 | 17.2 | 36526 |
| Fairhope Primary School | PK - 03 | 1070 | 18.5 | 36532 |
| Foley Elementary School | KG - 04 | 1370 | 18.3 | 36535 |
| J Larry Newton School | KG - 06 | 622 | 16.6 | 36532 |
| Magnolia School | PK - 06 | 700 | 17.8 | 36535 |
| Silverhill School | PK - 06 | 432 | 16.5 | 36576 |
| Summerdale School | PK - 08 | 507 | 15.6 | 36580 |
Middle Schools near Fairhope AL
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Central Baldwin Middle School | 07 - 08 | 620 | 16.5 | 36576 |
| Daphne Middle School | 07 - 08 | 614 | 20.5 | 36526 |
| Fairhope Intermediate School | 04 - 06 | 815 | 22.1 | 36532 |
| Fairhope K-1 Center | PK - KG | 276 | null | 36532 |
| Fairhope Middle School | 07 - 08 | 760 | 19.6 | 36532 |
| Foley Intermediate School | 05 - 06 | 441 | 21 | 36535 |
| Foley Middle School | 07 - 08 | 683 | 18.9 | 36535 |
| W J Carroll Intermediate School | 04 - 06 | 492 | 19.2 | 36526 |
High Schools near Fairhope AL
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Daphne High School | 09 - 12 | 1235 | 18.6 | 36526 |
| Fairhope High School | 09 - 12 | 1469 | 18.2 | 36532 |
| Foley High School | 09 - 12 | 1818 | 18.6 | 36535 |
