City:
Loxley is a city in the state of alabama with a population of roughly 9,573. It is in Baldwin County, Alabama the Daphne-Fairhope-Foley, AL core-based statistical areas (CBSA), and the Mobile-Daphne-Fairhope, AL combined statistical area (CSA).Its Zip codes include 36551 .
Real estate in Loxley, Alabama is a hot commodity. With a population of just over 2,000 people, the town has seen an influx of new residents in recent years due to its close proximity to Birmingham and Huntsville. This has led to an increase in real estate prices and a shortage of available homes.
The average home price in Loxley is $130,000. This is significantly higher than the statewide average of $87,500 but still below the median price of $145,000 for Alabama. The high demand for homes in Loxley has driven up prices considerably and there are currently not enough available homes for sale to meet demand.
One reason for this shortage is that many people are moving to Loxley specifically because it is close to major cities. As a result, there are not enough homes available that cater to families who want to live in a small town with plenty of amenities but without having to drive into Birmingham or Huntsville every day.
Another issue contributing to the high demand for real estate in Loxley is the fact that it is located near several military bases. These bases have created an influx of new residents and businesses over the past few years, which has led to increased demand for housing near these facilities.
Price Index: Daphne-Fairhope-Foley, AL