Hoover, AL 35244 - Real Estate Investment Insights & Performance Data

Welcome to our 35244 real estate data hub, tailored for investors in Hoover, AL. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 35244 in Hoover, AL. Discover Section 8 housing opportunities and challenges to maximize your investment potential in SHELBY COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Hoover, AL real estate investing. Uncover the wealth of information available, and position yourself for success in the Hoover property market.

• Location Overview

  • Zip Code: 35244
  • City: Hoover
  • State: AL
  • Metro Area: Birmingham-Hoover, AL
  • County Name: SHELBY COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $420,510
  • Average Home Price (Single Family Homes): $428,633
  • Average Monthly Rental Price (All Types): $1,296
  • Price-to-Rent Ratio: 27
  • Zillow Projected % appreciation from 4/2023-4/2024: 2%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,310
  • Average 3 Bedroom Section 8 Rental Rates: $1,680
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 26.75
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 20.86
  • Number of Units Offered in Section 8 in the County: 282
  • Number of Occupied Units in Section 8 in the County: 280
  • Percentage of Section 8 Units Occupied in the County: 99.09999847%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 156.84
  • Total % Appreciation since 2000 (Government Data): 90.02
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.36%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.9%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 30.17%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 43.66%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 70.72%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 53%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 80.68%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.99%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 4.87%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%