Home Values

Gulf Shores Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$211,600

  • 6.8% 1-year change
  • None 1-year forecast

The median home value in Gulf Shores is $211,600. Gulf Shores home values have gone up 6.8% over the past year. The median list price per square foot in Gulf Shores is $201, which is higher than the Daphne Metro average of $134. The median price of homes currently listed in Gulf Shores is $267,000 while the median price of homes that sold is $187,535.

Foreclosures will be a factor impacting home values in the next several years. In Gulf Shores 0.5 homes are foreclosed (per 10,000). This is lower than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Gulf Shores is 3.6%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Gulf Shores homeowners underwater on their mortgage is 16.5%.

Read more
Relative ZHVI
- +

Gulf Shores Market Overview

Data through Aug 31, 2014
  • $211,600 ZHVI
  • No data 1-yr forecast
  • $267,000 Median listing price
  • $187,535 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Gulf Shores Market Health

Data through Aug 31, 2014
  • 8.6/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 16.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

0.5 homes Gulf Shores
4.3 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Orange Beach $313,200
Fairhope $226,600
Elberta $186,400
Name Median ZHVI
Daphne $157,000
Lillian $155,800
Silverhill $151,500
Name Median ZHVI
Loxley $149,600
Foley $138,800
Summerdale $136,900

Listings & Sales

Data through Aug 31, 2014
  • $201 Median list price / sq ft
  • $154 Median sale price / sq ft
  • 25.8% Listings with price cut
25.0%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Gulf Shores Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,219 Gulf Shores
    $1,293 Daphne Metro
    $1,328 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $0.86 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading