When it comes to Foley, Alabama, are buyers or sellers in the driver’s seat? Let’s take a look.
If you’re watching the real estate market in Foley, you’ll want to keep a close eye on this month’s numbers:
By the Numbers
Active Listings:
536 homes for sale (⬆️ from 463 in July 2024)
Average Days on Market:
91 days (⬆️ from 75 days last year)
Average Listing Price:
$366,000 (⬇️ slightly from $375,000 in 2024)
Average Selling Price:
$345,000 (⬆️ from $339,000 in 2024)
What This Means for You
Foley is currently in a balanced-to-leaning-buyer’s market.
Inventory is up, homes are taking longer to sell, and sellers are adjusting their expectations—evidenced by a slight drop in listing prices. However, selling prices have ticked up modestly, suggesting that well-prepared homes are still attracting qualified buyers.
Buyers now have more choices and a little more breathing room when it comes to negotiations, but sellers aren’t giving up the upper hand entirely. This is the kind of market where realistic pricing, strong staging, and local expertise make all the difference.
Why We Love Foley
Foley is more than just a stop on the way to the beach—this city is full of heart and growing fast. Home to OWA Parks & Resort, Tanger Outlets, and a revitalized downtown district, Foley is where affordability meets opportunity. Foley Main Street continues to highlight significant progress with public and private investment in the downtown district rising nearly 29% to $16.55 million in 2024.
Locals enjoy a lively calendar of events, including the International Mud Day at Graham Creek Nature Preserve, classic car shows, and outdoor concerts at Heritage Park. And with Gulf beaches just 10 miles away, Foley offers the perfect blend of coastal access and community feel.
Real Estate Tip of the Month
Buyers: Now’s the time to shop smart—look for motivated sellers and homes that have been on the market a while. There’s room to negotiate.
Sellers: Don’t rely on last year’s pricing. A thoughtful pricing strategy and a proactive agent can help you stand out in a crowded market.
While these market stats provide a great snapshot. Every property—and every decision—deserves more than a one-size-fits-all approach. Whether you’re weighing the pros and cons of buying your first home, upgrading to something bigger, selling an investment property, or making a move in the commercial space, it’s the details, your dreams, and the best strategy that matter most.
At Ashurst Niemeyer Real Estate, we combine deep local expertise with personalized service to help you make the smartest move—whether that’s buying, selling, or simply exploring your options.
Big or small, residential or commercial—your next move starts with a conversation. Let’s talk.
And if your next step involves renting, our sister company, Level Property Management Group, offers professional leasing, management, and cash flow analysis to help you turn real estate into real returns.
Whether you’re buying your first home, upgrading, or looking to sell, we’re here to help you make the most of your move in Foley.
