🏡 Baldwin County Housing Market Update – February 2026

A look at what’s really happening across homes and condos on the Gulf Coast

If you’ve been watching the Baldwin County real estate market, February brought a mix of encouraging momentum and shifting dynamics—depending on where you’re looking. From strong price growth to rising inventory, the market is continuing to rebalance in a way that creates both opportunities and challenges for buyers and sellers.

Let’s break it down in a way that actually makes sense 👇

📊 Overall Market Snapshot (Residential Homes)

The traditional residential market continued to show solid activity in February.

• 496 homes sold, up 16.4% from last year
• Median price: $374,000, up 11.3% year-over-year
• Average price: $563,267, also up about 10% from last year

👉 What this means:
Demand is still there. Buyers are active, and prices are continuing to climb—but not in a runaway way. It’s a more stable kind of growth.

Homes are also taking a bit longer to sell:

• 90 days on market on average

That’s slower than the ultra-fast pandemic years, but still very reasonable for a balanced market.

🌴 Condo Market Update (Resort & Coastal Areas)

Now let’s talk condos—especially important for Orange Beach, Gulf Shores, and investor-heavy areas.

• 78 condo sales, up 32.2% from last year
• Median price: $561,000, up 7.9% year-over-year
• Average price jumped to $762,028

👉 What stands out:
The condo market is seeing strong price growth, especially at the higher end, even though overall sales volume is still below long-term averages.

However, condos are taking longer to sell:

• 129 average days on market

That’s a noticeable slowdown compared to previous years, signaling more negotiation room for buyers.

📦 Inventory Is the Real Story Right Now

This is where things get interesting—and where the market is clearly shifting.

Residential Inventory:

• 3,380 homes for sale, up 4.9% year-over-year
• 6.8 months of supply (slightly above a balanced market)

👉 Translation:
We’re moving toward a more balanced market, where buyers are gaining a bit more leverage.

Condo Inventory:

• 1,104 condos on the market
• 14.2 months of supply

👉 Translation:
This is a big shift. The condo market is now leaning buyer-friendly, with significantly more options and less urgency.

As noted in the report, this level of supply puts inventory well above equilibrium, meaning sellers may have less negotiating power than before .

📉 What’s Changing Compared to the Last Few Years?

Looking at the historical charts (especially pages 2–3 in both reports), a few trends stand out:

• Inventory has dramatically increased since 2022 lows
• Days on market are rising across both segments
• Prices are still holding strong or increasing, especially in desirable areas

👉 In simple terms:
The market is no longer “crazy competitive”… but it’s also not declining. It’s normalizing.

💡 What This Means for Buyers and Sellers

🟢 If You’re a Buyer:

• You have more options than you’ve had in years
• There’s more room to negotiate, especially with condos
• Less pressure to rush—but good properties still move quickly

🔵 If You’re a Seller:

• Pricing correctly matters more than ever
• Homes are still selling—but not instantly
• Presentation and marketing are becoming more important again

🏁 The Bottom Line

February 2026 shows a market that’s active, stable, and shifting:

• Prices are still rising 📈
• Inventory is growing 📦
• Buyers are gaining leverage 🤝

It’s not a slowdown—it’s a transition into a more balanced market, especially along the coast.

📚 Sources

• Baldwin County Condo Report – February 2026
• Baldwin County Residential Report – February 2026