Housing in Hoover, AL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$429,000

Median List Price

$479,900

Price Per Sq Ft

$180

Days on Market

63

Active Inventory

282

Months of Supply

4.2

Balanced market

Zillow Home Value

$423,198

ZHVI — January 2026

Zillow Rent Index

$1,372

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 5.3%List Price 6.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

25.4%

Off Market in 2 Weeks

35.9%

Sale-to-List Ratio

98.2%

Buyer's market

Sold Above Asking
25.4%
Under Contract in 2 Wks
35.9%
Listings with Price Drops
17.4%

Market Activity

Source: Redfin

Homes Sold

67

New Listings

117

Pending Sales

106

Homes Sold 35.0%New Listings 19.3%Pending 20.9%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$180

Median List $/SF

$199

Sale $/SF 2.3%List $/SF 11.2%Mar 24Jan 26

Hoover vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Hoover is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$391,300

Median Rent

$1,404

Total Housing Units

39,090

Vacancy Rate

6.7%

Owner Occupied

71.2%

Renter Occupied

28.8%

Median Property Tax

$2,355

per year

Monthly Cost (w/ Mortgage)

$1,725

Housing Types

Single Family
71.2%
Multi-Family
28.7%
Mobile Home
0.1%

The current median sale price in Hoover, AL is $429,000 according to Redfin data. Homes spend a median of 63 days on the market. 25.4% of homes sold above asking price. The market has 4.2 months of supply. The median price per square foot is $180. Zillow's observed rent index is $1,372/month. About 71.2% of housing units are owner-occupied. The median year homes were built is 1994. There are 39,090 total housing units.