Is Foley, AL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Foley is a seller's market


Difference Since May 2022

Since last year, Foley has remained a Seller's Market.

Key Takeaway

Foley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Foley, AL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Foley have sold for 14.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $205K$219.3K
2 $199.9K$235K
3 $255.3K$288.7K
4 $288.9K$329.9K
5+ $402.6K$437K

Median Sold Price Compared To Nearby Cities


How many homes are available in Foley, AL?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 22
2 1920
3 136128
4 9386
5+ 1515

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

47 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Foley, you may be able to get a good deal. 64.4% of homes here sold below asking price last month.

How long does it take to sell a home in Foley, AL?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Foley has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Foley, AL?

About Foley, AL

Foley, AL has 251 homes for sale to choose from. The inventory of homes for sale in Foley, AL between April 2023 and May 2023 decreased by 5.3%. In May 2023 median list price was $312,435 and the average listing age was 37 days. This housing market listing prices have changed between April 2023 and May 2023: prices of 1 bedroom properties increased by 7%, prices of 2 bedrooms properties went up by 17.6%, prices of 3 bedrooms properties went up by 13.1%, 4 bedrooms properties became 14.2% more expensive, 5 bedrooms properties prices increased by 8.5%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes increased by 5.3%, 3 bedrooms homes became 5.9% less available, 4 bedrooms homes inventory decreased by 7.5%, number of 5 bedrooms homes remained the same. In May 2023, from all listings sold in Foley, AL there were more than 4 sold above asking price, over 47 sold below and more than 22 were sold right at the asked price.