Much like its surrounding areas, it's substantially less expensive compared to the US as a whole. However it's a little less expensive compared to the city of Pittsburgh.
Home prices
The cost of the median home in Fairhope is $88,000. In comparison to the surrounding areas it is about $1,920 (2%) higher.It is approximately $129,500 (59%) lower in comparison to the nation as a whole, and it is approximately $37,000 (29%) lower compared to the city of Pittsburgh.
Rents
In Fairhope the median rent is $780 a month. It is roughly $67 (9%) higher in comparison to other places in this area.It is roughly $282 (26%) lower in comparison to the entire country, and compared to the city of Pittsburgh is roughly $178 (18%) lower.
Nearby places
Fayette City
Fayette City is Fairhope's neighbor to the south. The real estate prices there are a bit less expensive. The median home in Fayette City costs $69,700, which comes out to $18,300 (26%) lower than Fairhope. Its rents are pretty similar. In Fayette City the median rent is $763 a month, which is $17 (2%) lower than Fairhope.
Lynnwood-Pricedale
Lynnwood-Pricedale is Fairhope's neighbor to the northwest. The housing prices there are somewhat more expensive. Lynnwood-Pricedale's median home cost is $100,700, which is $12,700 (12%) higher than Fairhope. Rent there is fairly similar. Lynnwood-Pricedale's median monthly rent is $778, which is very similar to Fairhope.
Dunlevy
Dunlevy is about 0.9 miles west of Fairhope. The real estate prices there are a little less expensive. The median home in Dunlevy costs $82,100, which comes out to $5,900 (7%) lower than Fairhope. Rent there is a little less expensive. In Dunlevy the median rent is $625 a month, which is $155 (24%) lower than Fairhope.
Belle Vernon
Belle Vernon is about 1 mile northwest of Fairhope. The housing prices there are pretty similar. The median home in Belle Vernon is valued at $86,100, which comes out to $1,900 (2%) lower than Fairhope. Rent there is a lot less expensive. In Belle Vernon the median rent is $578 a month, which works out to $202 (34%) lower than Fairhope.
North Belle Vernon
North Belle Vernon is about 1 mile northwest from Fairhope. Housing prices there are fairly similar. North Belle Vernon's median home cost is $91,800, which is $3,800 (4%) higher than Fairhope. Rent there is a bit more expensive. The median rent in North Belle Vernon is $823 a month, which is $43 (5%) higher than Fairhope.
