Housing Prices in Hoover, AL
How much do homes in Hoover, AL cost?
Median List Price
$470,266
$179/sqft
Based on all homes listed in April 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Hoover has decreased by 3.7% since March.
Summary: The median home list price in Hoover was $470,266 in April 2024, down 3.7% from the previous month, and the median price per square foot was $179.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $123.9K | $115K | -7.2% |
| 2 Bedrooms | $215K | $195.4K | -9.1% |
| 3 Bedrooms | $415K | $389.9K | -6.0% |
| 4 Bedrooms | $499.9K | $489.9K | -2.0% |
| 5+ Bedrooms | $774.2K | $825K | +6.6% |
Summary: Hoover housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 7.2%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 6.6%.
Median List Price Compared To Nearby Cities
| Indian Springs Village | $1.1M | $1.3M | +23.0% |
| Homewood | $524.9K | $599.9K | +14.3% |
| Vestavia Hills | $530K | $525K | -0.9% |
| Hoover | $488.4K | $470.2K | -3.7% |
Housing Supply in Hoover, AL
How many homes are available in Hoover, AL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 120 | 273 | +127.5% |
Summary: The Hoover real estate market had 273 homes for sale in April 2024, a 127.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 7 | 16 | +128.6% |
| 3 Bedrooms | 33 | 84 | +154.5% |
| 4 Bedrooms | 56 | 119 | +112.5% |
| 5+ Bedrooms | 23 | 51 | +121.7% |
Summary: The Hoover housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 128.6%, 3 bedroom homes increased by 154.5%, 4 bedroom homes increased by 112.5%, and 5+ bedroom homes increased by 121.7%.
Days on Market for Hoover, AL
How long does it take to sell a home in Hoover, AL?
Average Listing Age
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 71 Days | 45 Days | -36.4% |
Summary: Homes in Hoover had an average listing age of 45 days in Apr 2024, down by 36.4% compared to the previous month.
Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. 