Hoover Market Report
$587,025
AVERAGE PRICE OF 453 HOMES$409,975
AVERAGE PRICE OF 4 DISTRESSED HOMES$1,288,390
AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES$649,421
AVERAGE PRICE OF 215 NEWLY BUILT HOMES$625,777
AVERAGE PRICE OF 293 HOMES WITH A POOL$645,860
AVERAGE PRICE OF 5 REDUCED PRICE HOMESAverage Home
| Average Price | $587,025 |
| Avg Bedrooms | 3.93 beds |
| Avg Bathrooms | 3.56 baths |
Average Price by Bedrooms
| 1 bedroom | $104,800 |
| 2 bedrooms | $280,162 |
| 3 bedrooms | $412,859 |
| 4 bedrooms | $585,311 |
| 5 bedrooms | $778,244 |
Hoover Home Price Trends
| 5/2023 | 4/2023 | 3/2023 | 2/2023 | 1/2023 | |
|---|---|---|---|---|---|
| Total Listings | 467 | 445 | 401 | 355 | 331 |
| Average Price | $586,372 | $584,800 | $592,148 | $616,411 | $627,628 |
| Avg Price Change | +0.27% | -1.26% | -4.10% | -1.82% | -0.11% |
| Median Price | $539,776 | $530,007 | $528,741 | $559,855 | $574,270 |
| Med Price Change | +1.84% | +0.24% | -5.88% | -2.57% | +0.22% |
| Avg Bedrooms | 3.93 beds | 3.88 beds | 3.88 beds | 3.99 beds | 4.04 beds |
| Avg Bathrooms | 3.56 baths | 3.51 baths | 3.51 baths | 3.54 baths | 3.57 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 453 | $587,025 | 90 days |
| Distressed Homes | 4 | $409,975 | 115 days |
| Multi-Million Dollar Homes | 36 | $1,288,390 | 132 days |
| Newly Built Homes | 215 | $649,421 | 145 days |
| Homes with a Pool | 293 | $625,777 | 101 days |
| Reduced Price Homes | 5 | $645,860 | 56 days |
