Why Live in Hoover
Hoover was incorporated as a city only 57 years ago, with just 410 citizens and four blocks of land. Today, the city has become a pillar of the Birmingham-Hoover Metropolitan Region and boasts a population of over 92,000. It’s home to some of the area’s largest company headquarters, including AT&T of Alabama, BlueCross BlueShield and McLeod Software. Other major employers, like the University of Alabama at Birmingham (UAB) and its top-rated hospital, are fewer than 10 miles away via Interstate 65. On Niche, Hoover’s public school system ranks as the fifth-best district in Alabama. Along with major employers and A-rated schools, the city “has plenty of things to do,” says Jeremy Galloway, a Hoover resident and Realtor with EXP Realty, LLC Central. “There are hiking and biking trails next to the Cahaba River, and they’ve got festivals going on all the time.” Hoover has a much larger housing market than neighboring cities like Homewood and Vestavia Hills. It has a population of just over 92,000, so “you have a lot more properties to choose from and a much wider price range to work with,” Galloway says. Though inventory is higher here, “it’s still a strong seller’s market,” says
Home Trends in Hoover, AL
On average, homes in Hoover, AL sell after 50 days on the market compared to the national average of 50 days. The median sale price for homes in Hoover, AL over the last 12 months is $492,500, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$492,500
Median Single Family Sale Price
$575,000
Median Townhouse Sale Price
$376,024
Median 2 Bedroom Sale Price
$195,000
Median 1 Bedroom Sale Price
$145,000
Average Price Per Sq Ft
$202
Number of Homes for Sale
287
Last 12 months Home Sales
860
Median List Price
$548,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%