$3,858 Closing Credit*
$324,900
1,630 SqFt
4 Beds
•2 Full Baths
Jeffrey Schrager, Listing Office: Realty Blue, Inc.
Is Hoover, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 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
$369,000
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$14,000(+3.9%)
Key Takeaway
Homes in Hoover have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Hoover was $369,000 in September 2024, up 3.9% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $149.5K | $152K | +1.7% |
| 2 Bedrooms | $200K | $240K | +20.0% |
| 3 Bedrooms | $350.3K | $365K | +4.2% |
| 4 Bedrooms | $380K | $413K | +8.7% |
| 5+ Bedrooms | $400K | $460K | +15.0% |
Summary: Hoover housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 15%.
Median Sold Price Compared To Nearby Neighborhoods
| Woodward Park | $487.5K | $521.6K | +7.0% |
| Hoover | $355K | $369K | +3.9% |
| McLane | $383.7K | $376.2K | -2.0% |
Housing Supply in Hoover, CA
How many homes are available in Hoover, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 110 | 98 | -10.9% |
Summary: The Hoover real estate market had 98 homes for sale in September 2024, a 10.9% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 77 | 64 | -16.9% |
| 4 Bedrooms | 18 | 16 | -11.1% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Hoover housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes decreased by 16.9%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 33 | 29 | -12.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hoover, you could pay more than the asking price. 51.7% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in Hoover in September 2024, down by 12.1% month-over-month. Of the 29 sold homes, 10% were sold under asking, 38% were sold at asking, and 52% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 13 Days | 18 Days | +38.4% |
Summary: Homes in Hoover had an average of 18 days on market in Sep 2024, up by 38.4% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hoover are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 29 homes were sold in Hoover; 79% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 3% 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.