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Gulf Shores, AL Real Estate & Property Data

Gulf Shores Real Estate Market Trends

Last Updated: April 27, 2024

To gain a better understanding of the real estate market in Gulf Shores, AL, it is essential to have accurate and comprehensive real estate data. ATTOM provides up-to-date real estate data for Gulf Shores, which is refreshed on a daily basis. Based on the latest market trends, a total of 1,241 residential properties have been sold in Gulf Shores, AL over the past year, with a median home price of $544,000 and 1 foreclosure filings. Additionally, the 2022 effective property tax rate in Gulf Shores is 0.43%. To find more detailed property data for Gulf Shores, Alabama, look no further than ATTOM.

Gulf Shores Real Estate Market Trends

Get property data for any address in Gulf Shores, AL or the country:

Total Residential Properties 18,602

Total Commercial Properties 555

Avg. Home Age (Single Family Home) 26 Years

Avg. Square Feet (Single Family Home) 1,989

Total 2024 Residential Sales (year-to-date) 120

% of Homes Seriously Underwater (Q2 2024) 0.57%

Total 2023 Residential Sales 1,201

% of Equity Rich Homes (Q2 2024) 29.59%

Effective 2023 Property Tax 0.43%

Total Foreclosure Filings (year-to-date) 2

Gulf Shores, AL Real Estate Overview

A total of 1,241 residential properties have been sold in Gulf Shores, AL over the past year, with a median home price of $476,056. There are currently 18,602 residential properties in Gulf Shores, AL, which can be further analyzed by looking at the 1 zip codes and 490 streets encompassing the city.

Median Sales Price i

$544,000

(Feb 2024)

-1.8%

year-over-year

y-o-y

February '24 Feb '24 $544,000
January '24 Jan '24 $450,000
December '23 Dec '23 $395,000
November '23 Nov '23 $550,000
October '23 Oct '23 $597,300
September '23 Sep '23 $421,000
August '23 Aug '23 $530,000
July '23 Jul '23 $505,500
June '23 Jun '23 $575,000
May '23 May '23 $512,219
April '23 Apr '23 $625,000
March '23 Mar '23 $497,450

Median Down Payment i

$108,800

(Feb 2024)

+0.4%

year-over-year

y-o-y

February '24 Feb '24 $108,800
January '24 Jan '24 $167,000
December '23 Dec '23 $66,000
November '23 Nov '23 $117,875
October '23 Oct '23 $175,848
September '23 Sep '23 $165,000
August '23 Aug '23 $180,000
July '23 Jul '23 $88,225
June '23 Jun '23 $88,000
May '23 May '23 $100,625
April '23 Apr '23 $109,740
March '23 Mar '23 $98,750

Number of Homes Sold i

53

(Feb 2024)

-26.4%

year-over-year

y-o-y

February '24 Feb '24 53
January '24 Jan '24 67
December '23 Dec '23 77
November '23 Nov '23 73
October '23 Oct '23 91
September '23 Sep '23 117
August '23 Aug '23 112
July '23 Jul '23 95
June '23 Jun '23 122
May '23 May '23 124
April '23 Apr '23 136
March '23 Mar '23 102

Number of Purchase Loans i

26

(Feb 2024)

-38.1%

year-over-year

y-o-y

February '24 Feb '24 26
January '24 Jan '24 37
December '23 Dec '23 42
November '23 Nov '23 39
October '23 Oct '23 46
September '23 Sep '23 60
August '23 Aug '23 60
July '23 Jul '23 56
June '23 Jun '23 70
May '23 May '23 68
April '23 Apr '23 79
March '23 Mar '23 55

Number of REFI Loans i

15

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 15
January '24 Jan '24 19
December '23 Dec '23 13
November '23 Nov '23 7
October '23 Oct '23 11
September '23 Sep '23 20
August '23 Aug '23 20
July '23 Jul '23 9
June '23 Jun '23 26
May '23 May '23 13
April '23 Apr '23 20
March '23 Mar '23 22

Number of HELOC Loans i

5

(Feb 2024)

-28.6%

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 6
December '23 Dec '23 12
November '23 Nov '23 10
October '23 Oct '23 6
September '23 Sep '23 15
August '23 Aug '23 13
July '23 Jul '23 16
June '23 Jun '23 10
May '23 May '23 11
April '23 Apr '23 14
March '23 Mar '23 16

Gulf Shores, AL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

36542
$476,056 $239.32/sqft

Gulf Shores, AL Foreclosure Activity

There were a total of 1 Gulf Shores, AL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

February '24 Feb '24 1
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 1
October '23 Oct '23 2
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 4
June '23 Jun '23 1
May '23 May '23 2
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Foreclosure Starts i

1

(Feb 2024)

February '24 Feb '24 1
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 1
October '23 Oct '23 2
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 4
June '23 Jun '23 1
May '23 May '23 2
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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