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Hoover, AL Properties

1,009 of 25,225 results

Find, analyze, and compare Hoover, AL investment properties, including off-market opportunities and residential homes with value-add potential. Hoover offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout Alabama. Explore housing market trends in Hoover, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Hoover, AL for your real estate goals.

In Hoover, the median property value currently stands at $363,489. The housing market includes a total of 26,644 houses.The median home in Hoover has 2,405 square feet of living space, priced at a median of $154 per square foot with a median year built of 1993. For long-term rental properties in Hoover, the median annual gross rental income is $27,000 (or $2,250/month) with estimated operating expenses of $8,810, resulting in an approximate gross cap rate of 5.82%.

Property Intel by Whitepages helps investors and homeowners explore the Hoover area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Hoover, AL.

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Housing Market Trends & Statistics for Hoover, Alabama

Median Property Value
$363,489
Total number of Properties
26,644
Median Living Space
2,405 sq ft
Median Year Built
1993 (32 years)
5-Year Appreciation Forecast
Median Lot Size
16,248 sq ft
Average Ownership
11 months
for Hoover, AL
  • Est. Rental Income
    $27,000 ($2,250 per month)
  • Net Operating Income
    $18,190 ($1,516 per month)
  • Cap Rate
    5.82%

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