Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hoover area can be challenging. Home prices in Hoover are now at a median cost of $304,302, higher than the Alabama average of $185,232.
The average cost of rent is $1,398/mo in Hoover, primarily driven by the current value of real estate in the Hoover area. While nearly 31.71% of residents own their homes outright in Hoover, 32.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hoover is $7,958 per month. Households that rent pay about 17.57% of their income on rent here. Hoover's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Indian Springs Village, AL: higher priced homes
- Vestavia Hills, AL: higher priced homes
- Homewood, AL: higher priced homes
- Pelham, AL: less expensive homes
- Meadowbrook, AL: equally priced homes
- Lipscomb, AL: less expensive homes
- Simmsville, AL: less expensive homes
- Helena, AL: less expensive homes
- Mountain Brook, AL: higher priced homes
- Midfield, AL: less expensive homes
Cities with Similar Populations
- Yuba City, CA: equally priced homes
- Woodbury, MN: higher priced homes
- Yakima, WA: less expensive homes
- Winter Haven, FL: less expensive homes
- Youngstown, OH: less expensive homes
- Woodstock, GA: equally priced homes
- Ypsilanti, MI: less expensive homes
- York, PA: less expensive homes
- Winston-Salem, NC: less expensive homes
- Winchester, VA: equally priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood