The median home in Hoover, Alabama is valued at $423,198, up 1.6% year over year. Typical monthly rent is $1,372, producing a price-to-rent ratio of 25.7x — well above the national average of 18x. Hoover is part of the Birmingham-Hoover, AL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Birmingham-Hoover, AL stress score, crash risk, and 12-month forecast →

Home Value$423,198

+1.6%

Rent$1,372/mo

AFFORDABILITY

Enter your income for Hoover.

Income (annual)

Down Payment

$84,640 on $423,198

Out of reach — 39.8% of income

Need $106,500/yr to afford.

PITI$2,485

P/I39.8%

Afford$298K

Gap-$125K

P&I $2,140Tax $145Ins $200

Renting $1,113/mo cheaper ($1,372 rent)6.50% 30yr, 20% down, county tax + AL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Alabama

Compare Hoover with other housing markets across Alabama.

Mountain Brook$985K Orange Beach$665K Equality$637K Jacksons Gap$591K Indian Springs Village$569K Vestavia Hills$539K Homewood$533K Dadeville$508K

Full Birmingham-Hoover, AL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Birmingham-Hoover, AL metro.

View Birmingham-Hoover, AL metro →

HOOVER, AL