Housing in 35242 Hoover, AL is quite expensive, with a median value of $482,700. This is significantly higher than the US House Median Value of $338,100. Although both the US and Hoover have experienced house appreciation in the past year, the appreciation rate in Hoover was higher at 8.80%, compared to 8.27% for the US as a whole.
The median home cost in Hoover (zip 35242) is $482,700. Home appreciation the last 10 years has been 83.0%. Home Appreciation in Hoover (zip 35242) is up 14.3%.
Average Age of Homes
- The median age of Hoover (zip 35242) real estate is 21 years old
The Rental Market in Hoover (zip 35242)
- Renters make up 28.9% of the Hoover (zip 35242) population
- 2.5% of houses and apartments in Hoover (zip 35242), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.