Home prices
The cost of the median home in Fairhope is $299,200. Compared to its surrounding areas it is approximately $57,380 (23%) higher.In comparison to the rest of the nation it is about $81,700 (37%) higher, and in comparison to the city of Mobile it is roughly $175,600 (142%) higher.
Rents
The median monthly rent in Fairhope is $1,196. Compared to its nearby areas it is about $217 (22%) higher.In comparison to the nation as a whole it is approximately $134 (12%) higher, and is roughly $339 (39%) higher in comparison to the city of Mobile.
Nearby places
Point Clear
Point Clear is Fairhope's neighbor to the southwest. Its real estate prices are substantially more expensive. The median home in Point Clear is valued at $508,200, which works out to $209,000 (41%) higher than Fairhope. The rent there is somewhat less expensive. Point Clear's median monthly rent is $1,048, which works out to $148 (14%) lower than Fairhope.
Daphne
Daphne is Fairhope's neighbor to the north. Housing prices there are substantially less expensive. The median home cost in Daphne is $201,400, which is $97,800 (48%) lower than Fairhope. Rent there is pretty similar. Daphne's median rent is $1,200 a month, which is very similar to Fairhope.
Silverhill
Silverhill is about 7 miles east from Fairhope. Its housing prices are a lot less expensive. The median home cost in Silverhill is $191,900, which is $107,300 (55%) lower than Fairhope. The rent there is a bit less expensive. In Silverhill the median monthly rent is $1,026, which works out to $170 (16%) lower than Fairhope.
Robertsdale
Robertsdale is approximately 9 miles east from Fairhope. The real estate prices there are significantly less expensive. The median home value in Robertsdale is $134,400, which is $164,800 (122%) lower than Fairhope. Rent there is substantially less expensive. In Robertsdale the median monthly rent is $798, which works out to $398 (49%) lower than Fairhope.
Summerdale
Summerdale is roughly 10 miles east of Fairhope. The housing prices there are substantially less expensive. The median home in Summerdale costs $173,200, which comes out to $126,000 (72%) lower than Fairhope. Rents there are a lot less expensive. Summerdale's median rent is $821 a month, which works out to $375 (45%) lower than Fairhope.
