Home prices
Gulf Shores's median home price is $243,100. This is approximately $39,060 (19%) higher compared to its surrounding areas.It is approximately $25,600 (11%) higher compared to the rest of the country, and compared to the city of Mobile it is roughly $119,500 (96%) higher.
Rents
In Gulf Shores the median rent is $1,086 per month. This is roughly $206 (23%) higher in comparison to nearby areas.Compared to the nation as a whole it is approximately $24 (2%) higher, and is approximately $229 (26%) higher in comparison to the city of Mobile.
Nearby places
Orange Beach
Orange Beach is Gulf Shores's neighbor to the east. Its housing prices are somewhat more expensive. The median home cost in Orange Beach is $297,800, which works out to $54,700 (18%) higher than Gulf Shores. Rent there is pretty similar. The median rent in Orange Beach is $1,117 per month, which works out to $31 (2%) higher than Gulf Shores.
Foley
Foley is Gulf Shores's neighbor to the north. Its housing prices are significantly less expensive. The median home in Foley is valued at $177,600, which comes out to $65,500 (36%) lower than Gulf Shores. The rent there is a bit less expensive. Foley's median monthly rent is $855, which comes out to $231 (27%) lower than Gulf Shores.
Magnolia Springs
Magnolia Springs is about 10 miles north from Gulf Shores. Real estate prices there are similar. The value of the median home in Magnolia Springs is $251,500, which comes out to $8,400 (3%) higher than Gulf Shores. Its rents are a little less expensive. The median rent in Magnolia Springs is $832 per month, which works out to $254 (30%) lower than Gulf Shores.
Elberta
Elberta is roughly 10 miles northeast from Gulf Shores. The real estate prices there are significantly less expensive. The median home value in Elberta is $121,200, which comes out to $121,900 (100%) lower than Gulf Shores. Rent there is a lot less expensive. Elberta's median monthly rent is $676, which works out to $410 (60%) lower than Gulf Shores.
Perdido Beach
Perdido Beach is about 12 miles northeast from Gulf Shores. Real estate prices there are substantially less expensive. The median home in Perdido Beach is valued at $172,100, which works out to $71,000 (41%) lower than Gulf Shores. Rent there is somewhat less expensive. The median monthly rent in Perdido Beach is $920, which works out to $166 (18%) lower than Gulf Shores.
