Housing in Hoover, AL is generally more expensive than the US median value of $338,100. The median value for homes in Hoover is $381,600 and this has seen an increase of 8.87% over the past year. This is higher than the national average of 8.27%. As a result, businesses and families are drawn to this attractive city with its great housing market.
The median home cost in Hoover is $381,600. Home appreciation the last 10 years has been 82.9%. Home Appreciation in Hoover is up 14.4%.
Average Age of Homes
- The median age of Hoover real estate is 26 years old
The Rental Market in Hoover
- Renters make up 29.8% of the Hoover population
- 1.8% of houses and apartments in Hoover, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.