Hoover, AL

Balanced market-6.7% YoY

Housing market overview · Updated weekly

$430,000median sale price

Homes sold

80

Last 12 weeks

Days on market

63

Average pace

Active listings

297

3.7 months supply

Sale-to-list

98.7%

Below asking

The Hoover housing market is currently classified as a balanced market with a median sale price of $430,000. Prices have fallen 6.7% compared to last year, with homes spending an average of 63 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Hoover?

The median home sale price in Hoover is $430,000, down 6.7% from last year.

How long do homes stay on market in Hoover?

Homes typically spend 63 days on market before going under contract.

Is Hoover a buyer's or seller's market?

With 3.7 months of supply, Hoover is currently a balanced market.

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