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Featured local agent — Good Hope, AL
Sarah Mitchell
Compass Real Estate · Good Hope, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Good Hope, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$280,150median sale price
How is the Good Hope, AL housing market right now?
The median home sale price in Good Hope, AL is $280,150, up 12.1% year-over-year. Homes sell in an average of 35 days with 14 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Good Hope a buyer's or seller's market?
Good Hope, AL is currently a seller's market, based on 1.8 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
35
Average pace
Active listings
14
1.8 months supply
Sale-to-list
98.0%
Below asking
What does the Good Hope housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $280,150 |
| Median list price | $219,725 |
| Year-over-year price change | +12.1% |
| Average days on market | 35 days |
| Active inventory | 14 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 98.0% |
| Median price per sq ft | $163/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 4 |
| Listings with a price cut | 64.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Good Hope by property type?
How the Good Hope, AL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $280,150 | $163/sq ft | 8 | 35 days |
Source: Redfin · Updated monthly
The Good Hope housing market is currently classified as a seller's market with a median sale price of $280,150. Prices have risen 12.1% compared to last year, with homes spending an average of 35 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.7x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Good Hope
There are currently 14 homes listed for sale in Good Hope, Alabama. The median listing price is $220K.
Active listings
14
Homes on market
Median list price
$220K
Avg. days on market
35
Days until sale
New this week
4
Newly listed
Who lives in Good Hope?
Population
2,542
Median income
$88,068/yr
Median age
32.1 years
Owner-occupied
69.5%
College grads
17.6%
Avg commute
25.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Good Hope?
Zillow home value
$237,347
Price-to-income
2.7x
Source: Zillow Research
What is it like to live in Good Hope?
Good Hope is a community of approximately 3K residents with a median age of 32.1 years.The median household income is $88,068, which reflects a relatively affluent area with strong earning potential. 17.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 69.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Good Hope offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Good Hope, AL?
Want a head-to-head view? Compare Good Hope side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Good Hope?
The median home sale price in Good Hope is $280,150, up 12.1% from last year.
How long do homes stay on market in Good Hope?
Homes typically spend 35 days on market before going under contract.
What is the median income in Good Hope?
The median household income is $88,068 per year.
Is Good Hope a buyer's or seller's market?
With 1.8 months of supply, Good Hope is currently a seller's market.
What is the Zillow home value estimate for Good Hope?
The Zillow Home Value Index (ZHVI) for Good Hope is $237,347, representing the typical home value in the area.
How much does a single-family home cost in Good Hope?
The median single-family home price in Good Hope, AL is $280,150 (about $163 per square foot).
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