Introduction to Foley, AL’s Real Estate Market
Foley, Alabama, real estate offers relatively affordable housing options, safe neighborhoods, proximity to schools, and plenty of recreational opportunities, making it an excellent choice for home buyers and investors.
The city is home to a diverse array of neighborhoods, each with its unique charm and features. Its growing population, thriving job market, and increasing rental demand, make it an attractive option for real estate investors.
This article provides relevant information for both home buyers and investors, including the latest statistics on Foley AL real estate, the best neighborhoods in the city, and the factors to be considered before investing in the area. Let’s dive in.
Real Estate Market Overview
If you’re planning to buy a home in Foley, you may be able to get a good deal. As of April 2025, 70% of homes in this location were sold below the asking price. Only 22% were sold at the asking price, and the remaining 8% were sold over the asking price.
The median sold price in Foley, AL, is $327,529, or $179 per square foot.
The table below shows the average sale price of homes in Foley, AL, based on the number of bedrooms:
No. of Bedrooms | Average Sale Price |
1 Bedroom | N/A |
2 Bedrooms | $343,800 |
3 Bedrooms | $303,900 |
4 Bedrooms | $355,000 |
5+ Bedrooms | $519,500 |
Top Neighborhoods in Foley, AL
Crown Walk
A tranquil community with a welcoming atmosphere ideal for families. The neighborhood is close to reputable schools, including Mathis Elementary, Foley Intermediate, and Foley High School.
Cypress Gates
A gated community perfect for those seeking a place that offers plenty of recreational activities. Cypress Gates is just minutes from the 600-acre Graham Creek Nature Preserve, which features 10 miles of hiking trails leading to lush forests and wetlands and four disc golf courses.
Elberta
The town of Elberta, in the southwestern corner of Baldwin County, is known for its small-town charm and country feel. The neighborhood is just a short drive from major employment centers in Mobile and Pensacola, offering the perfect relaxation after a busy day at work.
Central Foley
A vibrant community at the center of commerce and trade, government, social connections, religious activities, healthcare, and entertainment, Central Foley is an excellent option for business owners, families, and retirees.
Foley South
Located on the boundary of the Gulf Shores community, Foley South is just a short drive away from the beautiful beaches in the region. With its prime location, you can enjoy morning walks on the coast, swim, dive, or indulge in the freshest seafood any day of the week.
Foley Southeast
Home to the OWA Parks & Resort, Foley Southeast is one of the perfect neighborhoods for families. This 520-acre destination offers endless fun and excitement for kids and kids at heart, including 23 rides and the region’s largest indoor water playground.
Foley Southwest
Located next to agricultural fields, Foley Southwest offers a delightful blend of urban living with the tranquility of its rural surroundings. This neighborhood is also ideal for families with school-age children because of its proximity to schools like Foley High School and Mathis Elementary School.
Lillian
This charming bayfront neighborhood features beachfront homes that offer boat owners direct access to Perdido Bay. It is also just a short drive away from attractions in Baldwin County, as well as the micropolitan region along Mobile Bay.
Loxley
Located along Interstate 10, Loxley offers convenient access to several industrial and commercial businesses in the region, resulting to an increase in demand for housing. This makes it an excellent option for investors looking to buy a rental home for a good profit.
Yupon
Situated on the eastern banks of Weeks Bay and the meandering waters of Fish River, some homes in Yupon offer soothing waterfront views. The neighborhood features a shared pier and a public boat launch, providing easy access to angling and sailing activities.
The table below provides links to each neighborhood, as well as the average price range of the homes for sale in Foley, AL.
Foley, AL, Neighborhood | Price Range of Homes |
$295,000 – $387,000 | |
$339,000 – $355,000 | |
$269,000 – $996,000 | |
$239,000 – $699,000 | |
$223,000 – $824,000 | |
$220,000 – $664,000 | |
$249,000 – $800,000 | |
$78,900 – $2,595,900 | |
$97,900 – $11,700,000 | |
$180,000 – $443,000 |
Investing in Foley, AL Real Estate
Foley, AL’s growing population, thriving rental market, prime geographic location, and relatively affordable property prices make it an excellent option for real estate investors. In addition, the city is in one of the most landlord-friendly states, giving investors more control over setting rental rates and eviction proceedings.
With the city’s growing population, it is likely to experience greater demand for rental properties in the future, making the area even more attractive for those looking to invest in real estate.
And, as Foley becomes an increasingly popular destination for tourists and new residents, the demand for rental properties has also risen. This offers a lucrative opportunity for savvy real estate investors.
Compared to other major cities or states, Foley’s real estate market offers great value for investors looking for affordable properties. This, combined with the city’s low cost of living, makes it attractive for those who would like to invest in a promising market.
Conclusion
The real estate market in Foley, AL, is an excellent option for both home buyers and investors looking for beautiful residential properties in a prime location.
If you would like to explore the real estate offerings in the area, please give us a call today at (251) 270-6400 or send us an email at hollie@localpropertyinc.com to schedule an appointment.
Frequently Asked Questions
The median sold price in Foley, AL, is $327,529, or $179 per square foot.
Some of the best neighborhoods in Foley, AL, are Crown Walk, Cypress Gates, Elberta, Central Foley, and Foley South.
Yes, with a growing population, thriving rental market, and relatively affordable property prices, this is the best time to invest in Foley real estate.
