With only 2.6 months of inventory, Foley remains a seller's market. The median home price in Foley currently stands at $329,308. With 2.6 months of supply, Foley's inventory levels remain relatively tight. Homes are taking about 53 days to sell, which is 4 days longer than this time last year. A significant 32.9% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 9.8% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Foley market with the affordability index at 110.5. Looking ahead, the Foley market is expected to maintain its current trajectory with relatively stable conditions.
Foley, AL has a total population of 21,724 residents. The area is predominantly White (75.8%), The African American population is 6.4%. The area shows moderate demographic diversity. As a smaller community, Foley, AL offers a close-knit residential environment.
Crime analysis for Foley, AL shows 296 total incidents across all categories. The most prevalent crime type is Assault (47.3% of all incidents). This is followed by Property Crime at 46.6%. The crime rate in Foley, AL is relatively low, with violent crimes being more common than property crimes. While crime exists, Foley, AL maintains reasonable safety levels for most residents.
Market predictions for Foley, AL show an upward trend in home prices, with values increasing by 10.9%. This represents a significant price movement in the market. The current median home price in Foley, AL is approximately $359,116.806. Based on current trends, home prices in Foley, AL are expected to continue appreciating, making it an attractive market for sellers and long-term investors.
Foley, AL features 1 investment hotspots with varying levels of activity. The low average nightly rate of $98 indicates a budget-friendly market. Guest satisfaction is good with an average rating of 4.2/5. The high average hotspot score of 0.87 indicates excellent investment potential in these areas. With only 15 hotels, this represents an emerging market with potential for growth.
Log in to view more
Average Price:
N/A
Max Price:
N/A
Average Rating:
N/A
Location Average Score:
N/A
Number Of Hotels:
N/A
✓ Free market analysis ✓ Cancel anytime
Disclaimer: All investment decisions involve risks, and the information provided by Pulsereal is for informational purposes only. We do not guarantee any specific outcomes, returns, or profitability. Users are encouraged to conduct their own due diligence and consult with a financial advisor or real estate professional before making any investment decisions. Pulsereal is not responsible for any losses or damages arising from the use of the platform or reliance on the provided information.
Copyright © 2025 Pulse Real LLC.