Fairhope, AL

Real estate in Fairhope, Alabama is a hot commodity. The city has seen an influx of new residents and businesses in recent years, which has led to an increase in home prices and rental rates. There are a number of reasons why people are drawn to Fairhope, including its close proximity to Mobile and the Gulf Coast.

The city's economy is based largely on tourism and real estate. Home buyers and renters can expect strong demand for properties here, especially given the city's growing population and popularity as a retirement destination. Fairhope is also known for its beautiful beaches and golf courses.

There are a number of different types of real estate available in Fairhope, including single-family homes, townhouses, condos, apartments, commercial property (including office space), land plots (for development), and waterfront property. Properties can be found all over the city – from the downtown area to the suburbs – making it easy for buyers or renters to find what they're looking for.

The average home price in Fairhope was $269,000 as of September 2017 – up from $236,000 just two years earlier. Rental rates have also increased significantly over that time period; as of September 2017, the average monthly rent was $1,050 per month. Given these high prices and demand levels – especially among potential homebuyers – it's important to do your research before making any decisions about buying or renting in Fairhope.