Commercial Real Estate Market in Good Hope, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 2 off-market properties in Good Hope, AL.
Market Trends
Good Hope, AL spans 191.7 square miles in Cullman County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Good Hope, AL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Good Hope, AL asks $86/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Good Hope, AL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Good Hope, AL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Good Hope, AL has 36,253 residents in 16,976 households. Density runs 189 people per square mile. Median household income here is $65,634 and median gross rent $900 a month.
36,253
Population
16,976
Households
2.1
Avg Household Size
40
Median Age
23%
College-Educated
88%
High-School Grad
191.7 sq mi
ZIP Area
189
Density / Sq Mi
$65,634
Median Household Income
$38,791
Median Earnings
$900
Median Rent
$193,822
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cullman | — | $16.84 |
| South Vinemont | — | — |
| West Point | — | — |
| Dodge City | — | — |
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in Good Hope, AL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
