Is Orange Beach, AL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Orange Beach is a buyer's market


Difference Since April 2022

At the same time last year, Orange Beach was a Seller's Market.

Key Takeaway

Orange Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Orange Beach, AL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since April 2022


Key Takeaway

Homes in Orange Beach have sold for 15% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 $367.4K$442K
2 $470.6K$595K
3 $682.8K$762.7K
4 $850K$975K
5+ $1.8M$1.6M

Median Sold Price Compared To Nearby Cities

Orange Beach
Gulf Shores

How many homes are available in Orange Beach, AL?

Number of Homes For Sale

Mar 2023Apr 2023%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 3946
2 112127
3 271297
4 108121
5+ 4444

Number of Homes Sold

Mar 2023Apr 2023%

Asking Price vs. Sold Price

54 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Orange Beach, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Orange Beach has remained consistent over time.

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

About Orange Beach, AL

Orange Beach, AL has 635 homes for sale to choose from. Between March 2023 and April 2023, Orange Beach, AL real estate market has seen increase in the number of listings by 10.6%. The median list price of listings available in April 2023 was $704,166, while the average time on the real estate market was 33 days. From March 2023 through April 2023, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 20.3%, 2 bedrooms properties prices increased by 26.4%, the cost of 3 bedrooms properties went up by 11.7%, prices of 4 bedrooms properties went up by 14.7%, 5 bedrooms properties became 10.4% more cheaper. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went up by 17.9%, 2 bedrooms homes inventory increased by 13.4%, the quantity of 3 bedrooms homes went up by 9.6%, the quantity of 4 bedrooms homes went up by 12%, 5 bedrooms homes did not move. Over 3 listings were sold over their listed price in April 2023 in Orange Beach, AL. In the same period over 54 listings were sold below the listed price and 21 listings were sold for the listed price.

Related Housing Market Reports