A typical Fairhope home is worth about $183,000
Up 7.2% in a year, 37% below the Pennsylvania typical home.
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What kind of housing town is Fairhope?
Read from the numbers below. The page puts what stands out first.
Home values since 2024
Typical home value by month.
Show as a table
| January | Fairhope | Pennsylvania |
|---|---|---|
| 2024 | $172,000 | $268,000 |
| 2025 | $171,000 | $280,000 |
| 2026 | $171,000 | $287,000 |
| August 2026 | $183,000 | $290,000 |
A typical Fairhope home worth $172K in January 2024 is worth about $183K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
What it takes to buy in Fairhope
Try your own numbers below.
That covers a typical Fairhope home, with $105K to spare.
A two-bedroom rents for about $970 a month here, $190 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Pennsylvania typical property tax (1.30% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $970
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Somerset County, PA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Fairhope in 2025. The last year with any was 2019 (1 new home).
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 1 | 1 | 0 | $100,000 |
| 2018 | 1 | 1 | 0 | $99,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 2 | 2 | 0 | $280,000 |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 1 | 1 | 0 | $135,000 |
| 2004 | 1 | 1 | 0 | $135,000 |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 3 | 3 | 0 | $73,000 |
| 2001 | 3 | 3 | 0 | $30,000 |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Fairhope vs. its neighbors
Fairhope is the 2nd priciest of 4 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Fairhope | $183K | +7.2% | $970 | 0 | $39,375 |
| Londonderry | $151K* | — | $980 | 2 | $52,418 |
| Northampton | — | — | $970 | 0 | $78,304 |
| Allegheny | $164K* | — | $990 | 1 | $75,583 |
| Southampton | $197K* | — | $980 | 0 | $57,500 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Fairhope buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.