Fairhope's Median Sale Price Jumped From $501,500 to $607,500 in a Year

In the twelve weeks ending August 23, 2026, homes in Fairhope sold for a median $607,500, up from $501,500 the year before. The average sale-to-list percentage in Fairhope was about 98% this period.

A year ago, the typical home that sold in Fairhope closed at $501,500. That was already a solid number for this stretch of the county.

This period, covering the twelve weeks ending August 23, 2026, the median sale price in Fairhope climbed to $607,500. That's a gain of about 21% in Fairhope over the past year, one of the larger moves anywhere in the territory this stretch.

Normally a jump like that comes with sellers holding firmer ground at the table. Fairhope did the opposite.

This period, the average sale-to-list percentage in Fairhope was about 97.9%, down from about 98.5% a year earlier. That's a slip of about 0.6 percentage points for Fairhope compared with a year earlier. Buyers are paying meaningfully more for a Fairhope home than they were twelve months ago, and sellers are giving up a little more ground to get the deal signed.

Fewer homes changed hands while prices climbed. Fairhope closed 210 sales this period, down from 248 a year earlier, a drop of about 15%. A smaller, pricier set of closings can move a median on its own, and that's worth holding next to the headline gain rather than reading it as pure appreciation.

Figures here come from MLS sold data across Fairhope, comparing the twelve weeks ending August 23, 2026 with the same window a year earlier.

For someone selling in Fairhope right now, the price line is the real story: buyers are paying more than they were a year ago. But that slim give-back in sale-to-list says the easiest wins already happened. Price to the market that's actually here, not the one implied by last year's numbers alone, and expect a little more room to move on the final number than a year ago. For a buyer, that same gap is the opening. The ask is higher, but there's slightly more room to negotiate than there was twelve months back.

Fairhope currently has 438 homes sitting active. Right now, Fairhope's months of supply stands at about 6 months. Whether that cushion keeps easing the sale-to-list percentage further, or demand catches up and closes the gap back down, is the number worth watching over the next few months.