Orange Beach, AL


Highest Appreciating Orange Beach Neighborhoods Since 2000

Orange Beach, AL Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Orange Beach Housing Market Information

With a population of 5,850, 2,497 total housing units (homes and apartments), and a median house value of $363,386, Orange Beach house prices are not only among the most expensive in Alabama, Orange Beach real estate also is some of the most expensive in all of America.

Large apartment complexes or high rise apartments are the single most common housing type in Orange Beach, accounting for 70.80% of the city's housing units. Other types of housing that are prevalent in Orange Beach include single-family detached homes ( 22.69%), mobile homes or trailers ( 3.25%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.08%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

The most prevalent building size and type in Orange Beach are three and four bedroom dwellings. The city has a mixture of owners and renters, with 64.27% owning and 35.73% renting.

There is a lot of housing in Orange Beach built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Orange Beach built between 2000 and later ( 47.79%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.07%).

A decent proportion of the Orange Beach housing stock is seasonally occupied. That is, homes and condos in Orange Beach are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Orange Beach housing market speaks to its popularity as a vacation location of choice.

Orange Beach Home Appreciation Rates

Orange Beach's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Orange Beach during the period has been just -1.48%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Orange Beach's appreciation rate, at 5.77%, has been at or slightly above the national average. In the latest quarter, Orange Beach's appreciation rate has been 0.66%, which annualizes to a rate of 2.65%.

Notably, Orange Beach's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Alabama, our data show that Orange Beach's latest annual appreciation rate is higher than 90% of the other cities and towns in Alabama.

Average Home Values


Median Home Value:

Orange Beach, AL HOME PRICES

Value Range
> $1,287,000 2.7
$966,001 - $1,287,000 4.5
$643,001 - $966,000 10.5
$515,001 - $643,000 5.6
$386,001 - $515,000 10.9
$258,001 - $386,000 24.1
$129,001 - $258,000 30.6
$64,001 - $129,000 6.5
$0 - $64,000 4.5

Very High for AL
Very High for Nation

Value Relative to Nation Value Relative to State
12.4129047368113 0.75

Number Of Homes And Apartments:

Orange Beach Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2017 Q2 - 2017 Q3
Last 12 Months:
2016 Q3 - 2017 Q3
Last 2 Years:
2015 Q3 - 2017 Q3
Last 5 Years:
2012 Q3 - 2017 Q3
Last 10 Years:
2007 Q3 - 2017 Q3
Since 2000:
2000 Q1 - 2017 Q3
63.76% 2.82% 10 7
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,410 / per month

Homeownership Rate

Owners 64.27
Renters 35.73
Vacant 78.97

Housing Market Details


Age of Homes

AGE OF Orange Beach HOMES
2000 or Newer 47.8
1970 - 1999 48.8
1940 - 1969 3.1
1939 or Older 0.3

Types of Homes

TYPE OF Orange Beach HOMES
Single-Family 22.7
Townhomes 1.2
Small Apt. Buildings 2.1
Apt. Complexes 70.8
Mobile Homes 3.3
Other 0.0

Home Size

SIZE OF Orange Beach HOMES
No Bedroom 0.56
1 Bedroom 6.28
2 Bedrooms 33.09
3 Bedrooms 48.23
4 Bedrooms 10.57
5 or more bedrooms 1.26

Popular Neighborhoods in Orange Beach

Zip Codes in Orange Beach, AL