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Good Hope, AL

Full City Profile · Alabama · Cullman County County

3.2 /5.0
B Good
2,542 Population 322/sq mi density
$88,068 Median Income $32,567 per capita
$172,200 Home Value $227,735 Zillow
$1,105 Median Rent 30.6% income on rent
60°F Avg Temperature 301 sunny days/yr
172 Violent Crime/100K 4,481 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$88,068 median income, 0.2% unemployment
A+
Affordability
5.0 / 5.0
$172,200 home value, $1,105/mo rent
F
Safety
1.0 / 5.0
172 violent crimes/100K
C
Education
2.4 / 5.0
17.6% bachelor's degree or higher

Housing Overview

Median Home Value
$172,200
39% below
US avg: $281,900
Median Rent
$1,105/mo
5% below
US avg: $1,163/mo
Homeownership Rate
69.5%
6% above US avg (65.4%)
Total Housing Units
903
Median year built: 1979

Home Value by Source

Census Median
$172,200
Zillow (ZHVI)
$227,735
Median Sale Price
$230,000
Median List Price
$287,250
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.5%
Owner-Occupied
30.5%
Renter-Occupied
70%
31%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$716/mo
1 Bedroom
$772/mo
2 Bedroom
$936/mo
3 Bedroom
$1,206/mo
4 Bedroom
$1,381/mo
Census median rent: $1,105/mo

Market Indicators (Redfin)

Median Days on Market
84 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
11.8%
of listings with price reduction
Price Per Sq Ft
$166
Active Inventory
17
homes for sale

Affordability & Housing Stock

Rent Burden
30.6%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
69.5%

Complete Housing Data

Home Values

Census Median Value$172,200
Zillow Home Value (ZHVI)$227,735
Median Sale Price$230,000
Median List Price$287,250
Price Per Sq Ft$166

Rent

Census Median Rent$1,105
FMR Studio$716
FMR 1-Bedroom$772
FMR 2-Bedroom$936
FMR 3-Bedroom$1,206
FMR 4-Bedroom$1,381

Market

Days on Market84
Sale-to-List Ratio1.0%
Price Drops11.8%
Homes Sold7
Active Inventory17
Price Per Sq Ft$166

Ownership & Stock

Owner-Occupied69.5%
Renter-Occupied30.5%
Homeownership Rate69.5%
Total Housing Units903
Median Year Built1979
Rent Burden30.6%