Appreciation for MSAs:.

Let's start by comparing Birmingham Hoover, Alabama to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 64.62% (+ 5.39% yearly) for the Birmingham Hoover, Alabama MSA.

The entire state of AL had + 55.26% appreciation (+ 4.60% yearly). The Birmingham Hoover, Alabama MSA beat out the state. by + 16.94% appreciation.

Birmingham-Hoover-AL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


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If you were going to do a Bessemer, Alabama Refinance, or Bessemer, Alabama Reverse Mortgages, you could estimate your home value.

If you knew your Bessemer, Alabama home was worth $95,000.00 in 1992, you could multiply by + 64.62%, add the gain and see the home should be worth $156,389.77 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1992 to 2003:
+ 5.39%

Appreciation Comparisons

The top 5 performing MSAs from 1992 to 2003 were Boulder-CO, Barnstable-Town-MA, Denver-Aurora-CO, Fort-Collins-Loveland-CO, and Missoula-MT .

  1. Boulder-CO increased +151.44% from 1992 to the end of 2003
  2. Barnstable-Town-MA increased +140.79% from 1992 to the end of 2003
  3. Denver-Aurora-CO increased +139.63% from 1992 to the end of 2003
  4. Fort-Collins-Loveland-CO increased +136.43% from 1992 to the end of 2003
  5. Missoula-MT increased +131.03% from 1992 to the end of 2003

For a 12 year period, the top 5 performing MSAs of all time are Oxnard-Thousand-Oaks-Ventura-CA, Bridgeport-Stamford-Norwalk-CT, San-Jose-Sunnyvale-Santa-Clara-CA, Providence-New-Bedford-Fall-River-RI-MA, and San-Jose-Sunnyvale-Santa-Clara-CA .

  1. Oxnard-Thousand-Oaks-Ventura-CA increased +288.32% from 1977 thru 1988
  2. Bridgeport-Stamford-Norwalk-CT increased +284.24% from 1977 thru 1988
  3. San-Jose-Sunnyvale-Santa-Clara-CA increased +270.45% from 1977 thru 1988
  4. Providence-New-Bedford-Fall-River-RI-MA increased +269.41% from 1977 thru 1988
  5. San-Jose-Sunnyvale-Santa-Clara-CA increased +267.22% from 1978 thru 1989

Zip Code in MSA: 35021 - BESSEMER, AL

MSA Pop: 1072646
Zip Pop: 0
Avg Value: 0
County: JEFFERSON
Elev: 600
Region: South
Lat: 33.4333
Long: -86.90355