Market Overview
Home Prices in Perdido, AL
The median home value in Perdido, AL is $176,956 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4% compared to a year ago and down 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Perdido are priced57% below average. Perdido is part of the Daphne-Fairhope-Foley, AL metro area.
Over the past five years, Perdido home values have risen by approximately14.5%, reflecting steady appreciation in this market.
Price History
Perdido Home Price Trend
City Comparison
Perdido vs. National Median
At $176,956, homes in Perdido cost 57% below the national median of $410,000. This makes Perdido a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Perdido?
20% Down Payment
$35,391
on $176,956
Monthly P&I
$923/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,172/mo
incl. taxes & insurance
Income Needed
$46,880
gross annual (30% rule)
10% Down Option
$17,696
+ PMI applies
Loan Amount (20% dn)
$141,565
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Perdido, AL?
The median home value in Perdido is $176,956 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4% year-over-year.
How much have home prices changed in Perdido?
Over the past year, home values in Perdido have increased by 4%. Over five years, prices have risen approximately 14.5%.
How much do I need to earn to buy a home in Perdido?
To comfortably afford the median home price of $176,956 with a 20% down payment ($35,391) at today's rates (6.8%), you'd need a gross annual income of approximately $46,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Perdido compare to the national average home price?
The national median home value is approximately $410,000. At $176,956, homes in Perdido are 57% below the national average.
What metro area is Perdido part of?
Perdido is part of the Daphne-Fairhope-Foley, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.