There are currently 15,061 real estate properties in Gulf Shores, AL, with a median automated valuation model (AVM) price of $516,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gulf Shores, AL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Gulf Shores, AL, is $635,122.00, with the most expensive house in Gulf Shores, AL, topping out at $74,969,600.00 and the cheapest home in Gulf Shores, AL, clocking in at $54,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Gulf Shores, AL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gulf Shores, AL, is on a rollercoaster ride. The average rent price in Gulf Shores, AL, is $1,513.00. Indeed, when looking to rent in Gulf Shores, AL, you can expect to pay as little as $560.00 or as much as $3,260.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in Gulf Shores, AL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Gulf Shores, AL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Gulf Shores, AL and much more. Save thousands at closing with home foreclosure listings in Gulf Shores, AL — up to 75% off market value!
Gulf Shores is located in Baldwin, Alabama, with an estimated municipal population of 12,757 residents. All of the best foreclosed homes for sale in Gulf Shores are located in the following zip code areas on Foreclosure.com: 36542 36547. The estimated population per square kilometer (.62 miles) in Gulf Shores is 174.
So, about how much do homes cost in Gulf Shores? The most recent median value of resident-owned homes in Gulf Shores is 254,268. An estimated 56 percent of households in Gulf Shores own their homes, with an average family size of 2.77. The median household income in Gulf Shores is 53,476, with22.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Gulf Shores, the median commute time of resident workers (in minutes) is 23.9. And last, but certainly not least, are you looking for homes to rent in Gulf Shores? If so, the average rent price paid by renters in Gulf Shores is 1,086, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Gulf Shores, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Gulf Shores is 49.6, split between 44.3 percent male versus 55.7 female. The percentage of residents who report being married in Gulf Shores is 49.9, with an average family size of 2.77.
The percentage of residents who report their race in Gulf Shores is as follows:
|Black / African American||0.3%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Gulf Shores? Or maybe you are searching for 55+ active adult communities in and/or near Gulf Shores?
The percentage of residents who report their age in Gulf Shores is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Gulf Shores with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Gulf Shores.
How do you know that living in -- or moving to -- Gulf Shores is right where you need to be? Perhaps you grew up in Gulf Shores or already live nearby; therefore, the decision to buy a home in Gulf Shores is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Gulf Shores for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Gulf Shores:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Gulf Shores.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Gulf Shores can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Gulf Shores, meanwhile, can field multiple offers from more qualified buyers.
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