Commercial Real Estate Market in Hoover, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
42 active listings and 1,631 off-market properties in Hoover, AL. Commercial property asks $182/SF to buy (based on 4 listings) and $19.50/SF/Yr to lease.
Market Trends
Hoover, AL spans 263.7 square miles in Jefferson County, Alabama. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Hoover, AL has a median asking sale price of $209/SF (based on 3 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Hoover, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Hoover, AL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Hoover, AL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 81.5%
- Commercial 10.8%
- Industrial 2.8%
- Planned_development 0.8%
Largest Zones share of zoned land by district
Hoover, AL zones 31,263 acres across 25 districts. Commercial zoning covers 10.8% of zoned land, residential 81.5% and industrial 2.8%. The largest single district is Planned Single Family at 40.1%. For commercial buyers the practical constraint is that only 13.7% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Hoover, AL has 246,541 residents in 103,882 households. Density runs 935 people per square mile. Median household income here is $103,757 and median gross rent $1,392 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Homewood | — | $21.50 |
| Birmingham | $148 | $18.50 |
Commercial property in Hoover, AL asks $182/SF. That compares with $148/SF in Birmingham.
Frequently Asked Questions
What is the median price per square foot for commercial property in Hoover?
How much does it cost to lease commercial space in Hoover?
How does Hoover compare to nearby markets on price?
What zoning applies to commercial property in Hoover?
Where does Realmo's Hoover market data come from?
Methodology & data sources
- Asking prices and medians
- There are 14 active for-sale and 28 active for-lease listings in Hoover, AL. The medians are based on 4 of the for-sale and 15 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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.
- Zoning and land use
- The current municipal zoning release: 31,263 zoned acres across 25 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 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 October 2026 · How Realmo checks market page data · Report a data issue
