With 8.8 months of inventory, Dauphin Island is currently in a buyer's market. Home prices have decreased 17.0% in the past month. With 115 active listings, inventory is 55% higher than seasonal norms. Homes are now taking an average of 163 days to sell, significantly longer than the 43 days typical for this market. Only 7.7% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Dauphin Island market with the affordability index at 2313.6. Current trends suggest further price adjustments may occur as the market continues to favor buyers.