Explore US City Good Hope, AL - Real Estate Market Insights, Demographics, Crime, Trends & Hotspots
Pulse Score
B+
Cap Rate
13%
Investor Friendly Score
13%
Median Price
$219,900
Market Insights
Good Hope's real estate market is experiencing a price correction, with values down 63.3% from last year. Home prices have decreased 12.0% in the past month. With 26 active listings, inventory is 160% higher than seasonal norms. Properties are selling within just 41 days on average, much faster than the historical norm of 6691 days. A significant 23.1% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Good Hope market with the affordability index at 812.2. Looking ahead, the Good Hope market is expected to maintain its current trajectory with relatively stable conditions.
Demographics market for - Good Hope, AL
Total Population -
3,138
White Race
72%
African American Race
0%
Crime for City - Good Hope, AL
No Data
Real Estate Market Prediction for - Good Hope, AL
City Hotspots Map
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Average Price:
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Max Price:
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Average Rating:
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Location Average Score:
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Number Of Hotels:
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Nearby Cities From- Good Hope, AL
Cullman, AL
Dodge City, AL
Hanceville, AL
East Point, AL
South Vinemont, AL
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