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 + 75.52% (+ 5.81% yearly) for the Birmingham Hoover, Alabama MSA.

The entire state of AL had + 63.47% appreciation (+ 4.88% yearly). The Birmingham Hoover, Alabama MSA beat out the state. by + 18.99% appreciation.

Birmingham-Hoover-AL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
1992-1995 Quarterly Detailed Appreciation


Lets look at Bessemer, Alabama, a city located in Birmingham Hoover, Alabama MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

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 $96,000.00 in 1992, you could multiply by + 75.52%, add the gain and see the home should be worth $168,497.38 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1992 to 2004:
+ 5.81%

Appreciation Comparisons

The top 5 performing MSAs from 1992 to 2004 were Salinas-CA, Barnstable-Town-MA, San-Diego-Carlsbad-San-Marcos-CA, Medford-OR, and Boulder-CO .

  1. Salinas-CA increased +178.15% from 1992 to the end of 2004
  2. Barnstable-Town-MA increased +174.04% from 1992 to the end of 2004
  3. San-Diego-Carlsbad-San-Marcos-CA increased +161.74% from 1992 to the end of 2004
  4. Medford-OR increased +161.06% from 1992 to the end of 2004
  5. Boulder-CO increased +160.43% from 1992 to the end of 2004

In contrast, the worst 5 MSAs from 1992 to 2004 were Binghamton-NY, Rochester-NY, Utica-Rome-NY, Syracuse-NY, and Buffalo-Niagara-Falls-NY .

  1. Binghamton-NY only increased + 14.08% between 1992 and 2004
  2. Rochester-NY only increased + 26.77% between 1992 and 2004
  3. Utica-Rome-NY only increased + 29.13% between 1992 and 2004
  4. Syracuse-NY only increased + 31.10% between 1992 and 2004
  5. Buffalo-Niagara-Falls-NY only increased + 31.46% between 1992 and 2004

Zip Code in MSA: 35022 - BESSEMER, AL

MSA Pop: 1072646
Zip Pop: 14042
Avg Value: 93800
County: JEFFERSON
Elev: 600
Region: South
Lat: 33.34169
Long: -86.96204