Daphne housing market

Buyer's marketDaphne, AL metro areaData through Sep 2026
Typical home value
$371K
▲ 0.1% 1 yr
Typical rent
$1,701/mo
▲ 2.1% 1 yr
12-month forecast
+1.9%
#294 of 546 metros
Gross rent yield
5.5%
#342 of 546 · U.S. 6.3%
Days to pending
95 days
▼ −10 days 1 yr
Listings with a price cut
22%
▼ −1.2 pts 1 yr

Key takeaways

  • 1The typical home is worth $371,460, up 0.1% in a year and up 16% over five years.
  • 2Zillow forecasts home values rising 1.9% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,701/mo (+2.1% YoY), a 5.5% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $2,041/mo in principal and interest, $340 more than renting.
  • 5Homes go under contract in 95 days (−10 days vs last year); 22% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 43/100, #230 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $371K
$220K$268K$316K$364K2016201920222025
Typical monthly rent
Latest $1,701
$1,100$1,291$1,481$1,6722016201920222025

How fast homes are selling

Days to go under contract
Latest 95
7489105120202420252026
Share of listings with a price cut
Latest 22.1%
10.3%14.9%19.5%24.0%20182020202220242026
Homes for sale vs new listings
Latest 3,534
For saleNew listings
6061,5742,5413,50920182020202220242026
Share of homes sold above list price
Latest 9.2%
5.6%12.4%19.2%26.1%2020202220242026

Affordability

Household income needed to buy vs rent
Latest $98K
To buy (20% down)To rent
$46K$64K$82K$99K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Daphne compares

MeasureDaphneUnited StatesRank of 546
Home value, 1-yr change+0.1%+1.2%#448
Home value, 5-yr change+16.5%+19.7%
12-month forecast+1.9%+1.1%#294
Rent, 1-yr change+2.1%+2.7%#392
Gross rent yield5.5%6.3%#342
Price-to-rent ratio18.215.8
Mortgage P&I on typical home$2,041$2,012
Income needed to buy$97,507$100,902
Days to pending9556

Cities in the Daphne metro

5 cities with home value and rent data.

Foley$303K▼ 1.6%$1,691▲ 2.9%6.7%
Fairhope$471K▲ 1.7%$1,771▲ 0.5%4.5%
Daphne$329K▲ 0.1%$1,612▲ 5.2%5.9%
Gulf Shores$453K■ 0.0%$1,790▼ 2.9%4.7%
Spanish Fort$385K▲ 1.1%$1,612▲ 3.7%5.0%

Run the numbers

Other Alabama metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.