Exploring Real Estate Opportunities in Orange Beach: Trends and Developments

In Orange Beach, Alabama, the real estate market is characterized by robust new construction and a high demand for the coastal lifestyle. 

New developments are enhancing the area's attractiveness. These include new construction in neighborhoods like Ono Island and the introduction of oceanfront condo complexes such as Phoenix Key Tower I and Phoenix South Point Condo, which cater to the growing demand for luxury and waterfront living. Such developments are significant, indicating strong confidence among developers in the enduring appeal of Orange Beach as a prime location.

Regarding recent market trends, analysis shows a shift in the dynamic of residential sales and property prices. Year-over-year data indicates that while the number of residential sales in Orange Beach decreased from 288 in the second quarter of 2023 to 236 in the same period of 2024, there has been an increase in property prices—from an average sales price of $795,141 in the second quarter of 2023 to $874,697 in 2024. This suggests that the market is experiencing higher-value transactions despite fewer sales.

SEARCH ORANGE BEACH REAL ESTATE LISTINGS FOR SALE, $800,000 - $900,000

• All Listings
• $200,000 - $300,000
• $300,000 - $400,000
• $400,000 - $500,000
• $500,000 - $600,000
• $600,000 - $700,000
• $700,000 - $800,000
• $800,000 - $900,000
• $900,000 - $1,000,000
• Over $1,000,000

Bedrooms

Bathrooms

Price Range

Save Search

Sort by:

Price, high to low

$900,000

28250 Canal Road Unit 908, Orange Beach

3 Beds 3 Baths 2,336 SqFt Residential MLS® # 375369

Pointe South

$899,900

24310 Perdido Beach Boulevard Unit 1004a, Orange Beach

3 Beds 2 Baths 1,683 SqFt Residential MLS® # 373760

RE/MAX of Orange Beach PHONE: 251-802-3828

$899,000

5392 Bear Point Avenue, Orange Beach

3 Beds 3 Baths 2,160 SqFt Residential MLS® # 378373

RE/MAX of Gulf Shores

$899,000

28927 Perdido Beach Boulevard Unit 2a, Orange Beach

3 Beds 3 Baths 1,530 SqFt Residential MLS® # 378216

Realty Executives Gulf Coast PHONE: 251-269-3739

$899,000

23601 Perdido Beach Boulevard Unit Site 71, Orange Beach

1 Bed 1 Bath 960 SqFt Residential MLS® # 371606

RV Resort Management LLC

$899,000

5769 Pensacola Avenue, Orange Beach

4 Beds 3 Baths 1,787 SqFt Residential MLS® # 376595

Beachball Properties

$899,000

↓ $35,000

28103 Perdido Beach Boulevard Unit B914, Orange Beach

3 Beds 3 Baths 1,706 SqFt Residential MLS® # 375987

Lewis & Co. Real Estate

$899,000

↓ $151,000

29576 Perdido Beach Boulevard Unit 910, Orange Beach

3 Beds 2 Baths 1,395 SqFt Residential MLS® # 375937

SeaMitchell Realty & Gulf Beach Rentals PHONE: 251-979-5613

$899,000

↓ $60,000

3349 Adams Avenue, Orange Beach

4 Beds 4 Baths 1,500 SqFt Residential MLS® # 375138

Engel and Volkers Gulf Shores

$899,000

↓ $5,000

26200 Perdido Beach Boulevard Unit 1403, Orange Beach

2 Beds 3 Baths 1,521 SqFt Residential MLS® # 373564

Beach Life Realty LLC

$899,000

2501 Saltgrass Way Unit 29, Orange Beach

2 Beds 3 Baths 1,368 SqFt Residential MLS® # 373521

Brett R/E Robinson Dev OB Main: 251-981-6180

$899,000

↓ $50,000

23011 Perdido Beach Boulevard, Orange Beach

4 Beds 3 Baths 1,976 SqFt Residential MLS® # 371562

Vicki Lynn Real Estate

1 2 3 4 8

Next

Interest rates are a significant factor in market dynamics. A potential reduction in interest rates might improve affordability, boost the buying market, and potentially lead to an increase in sales volumes. It's suggested that lower rates could stimulate more activity and benefit both buyers and sellers.

The demand for properties in Orange Beach continues to be strong, driven by its picturesque white sandy beaches, turquoise waters, nautical activities, and relaxed culture, which continues to draw a diverse array of buyers.

For those interested in real estate investments or considering relocating to a scenic location, Orange Beach presents solid opportunities. With support from skilled realtors, navigating this market can successfully lead to positive outcomes both in the short and long term.

Tags

• Orange Beach (198)
• 2024 (11)
• market (2)
• july (1)