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Foreclosure Homes in Hoover, AL 35216

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Hoover, AL Foreclosures

How much do homes sell for in Hoover, AL?
The average home price is currently $473,056.
In Hoover, AL, how many homes are available?
There are currently 55 active home listings available in Hoover.
What’s the average rental cost in Hoover, AL?
The average rental price in Hoover is $1,894.
What is the most expensive home in Hoover?
The most expensive home sold in Hoover had a price of $18,645,100.
What is currently the cheapest priced home in Hoover, AL?
The cheapest home for sale in Hoover is priced at $10,766.

Living in Hoover, AL

Hoover, Alabama, is a lively suburb located just south of Birmingham. With its excellent schools, beautiful parks, and diverse recreational activities, it's a wonderful community for families. Residents enjoy a mix of suburban serenity and urban conveniences, making it an attractive place to live and work.

Current Market Conditions in Hoover, AL

The real estate market in Hoover, AL, is currently experiencing a steady demand due to its appealing suburban lifestyle. Different property types are seeing growth, with single-family homes being particularly popular among buyers looking for space and comfort. The average home prices have risen over the past few months, but the market remains accessible compared to other nearby cities.

Growth trends indicate a strong interest in new construction and renovated properties, appealing to young professionals and families alike. The demand is expected to continue, especially as more people recognize the attractive living conditions that Hoover offers.

Home Value Estimator For Hoover, AL

There are currently 18,510 real estate properties in Hoover, AL, with a median automated valuation model (AVM) price of $425,063.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hoover, AL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hoover, AL, is $473,056.00, with the most expensive house in Hoover, AL, topping out at $18,645,100.00 and the cheapest home in Hoover, AL, clocking in at $10,766.00. In other words, there’s something for every potential homebuyer or savvy investor in Hoover, AL!

Rent Prices In Hoover, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hoover, AL, is on a rollercoaster ride. The average rent price in Hoover, AL, is $1,894.00. Indeed, when looking to rent in Hoover, AL, you can expect to pay as little as $700.00 or as much as $3,740.00, with the average rent median estimated to be $1,820.00. The good news is that finding an affordable and desirable property to rent in Hoover, AL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Hoover, AL 35216 Foreclosures

Market Trend for Hoover, AL

Total Listings Available: 55

Market Values:

Home Prices from $10,766 to $18,645,100

Average Sales Price: $473,056

Rental Values:

Rental from $700 to $3,740

Average Rent Value: $1,894 / month

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