Home prices
The median home in Foley is valued at $177,600. In comparison to nearby areas it is approximately $25,560 (12%) lower.It is roughly $39,900 (18%) lower in comparison to the United States as a whole, and in comparison to the city of Mobile is about $54,000 (43%) higher.
Rents
The median monthly rent in Foley is $855. This is about $18 (2%) lower in comparison to the surrounding areas.It is approximately $207 (19%) lower compared to the United States as a whole, and is is very similar compared to the city of Mobile.
Nearby places
Elberta
Elberta is Foley's neighbor to the east. Its housing prices are a lot less expensive. The median home in Elberta costs $121,200, which works out to $56,400 (46%) lower than Foley. Rent there is a bit less expensive. In Elberta the median rent is $676 per month, which is $179 (26%) lower than Foley.
Summerdale
Summerdale is Foley's neighbor to the north. The housing prices there are pretty similar. The median home in Summerdale costs $173,200, which comes out to $4,400 (2%) lower than Foley. The rent there is fairly similar. Summerdale's median rent is $821 per month, which is $34 (4%) lower than Foley.
Orange Beach
Orange Beach is Foley's neighbor to the southeast. Real estate prices there are significantly more expensive. The median home value in Orange Beach is $297,800, which is $120,200 (40%) higher than Foley. Rents there are somewhat more expensive. The median monthly rent in Orange Beach is $1,117, which works out to $262 (23%) higher than Foley.
Magnolia Springs
Magnolia Springs is about 5 miles west of Foley. Housing prices there are somewhat more expensive. The cost of the median home in Magnolia Springs is $251,500, which is $73,900 (29%) higher than Foley. Its rents are pretty similar. Magnolia Springs's median rent is $832 per month, which works out to $23 (2%) lower than Foley.
Perdido Beach
Perdido Beach is about 9 miles east from Foley. Real estate prices there are pretty similar. The median home in Perdido Beach is valued at $172,100, which comes out to $5,500 (3%) lower than Foley. Its rents are a little more expensive. In Perdido Beach the median rent is $920 per month, which is $65 (7%) higher than Foley.
