$4,334 Closing Credit*
$365,000
1,469 SqFt
3 Beds
•1 Bath
Zamara Ramirez, Listing Office: Envision Realty, Inc.
Is Hoover, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Hoover has remained a Seller's Market.
Key Takeaway
Hoover is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hoover, CA
How much do homes in Hoover, CA cost?
Median Sold Price
$375,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+5.6%)
Key Takeaway
Homes in Hoover have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Hoover was $375,000 in November 2024, up 5.6% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $152K | - | N/A |
| 2 Bedrooms | $207K | $235K | +13.5% |
| 3 Bedrooms | $350K | $375K | +7.1% |
| 4 Bedrooms | $377.5K | $416K | +10.2% |
| 5+ Bedrooms | $385K | $475K | +23.4% |
Summary: Hoover housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 23.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Woodward Park | $490K | $530.1K | +8.2% |
| Hoover | $355K | $375K | +5.6% |
| McLane | $382.2K | $374.6K | -2.0% |
Housing Supply in Hoover, CA
How many homes are available in Hoover, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 97 | 85 | -12.4% |
Summary: The Hoover real estate market had 85 homes for sale in November 2024, a 12.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 67 | 55 | -17.9% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Hoover housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 23 | -17.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hoover, you could pay more than the asking price. 43.5% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in Hoover in November 2024, down by 17.9% month-over-month. Of the 23 sold homes, 35% were sold under asking, 22% were sold at asking, and 43% were sold over asking.
Days on Market for Hoover, CA
How long does it take to sell a home in Hoover, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 16 Days | -15.1% |
Summary: Homes in Hoover had an average of 16 days on market in Nov 2024, down by 15.1% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hoover are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 23 homes were sold in Hoover; 87% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.