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 + 88.26% (+ 6.30% yearly) for the Birmingham Hoover, Alabama MSA.

The entire state of AL had + 78.80% appreciation (+ 5.63% yearly). The Birmingham Hoover, Alabama MSA beat out the state. by + 12.00% appreciation.

Birmingham-Hoover-AL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Birmingham Hoover, Alabama .

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

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Bessemer, Alabama 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 $97,000.00 in 1992, you could multiply by + 88.26%, add the gain and see the home should be worth $182,612.28 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1992 to 2005:
+ 6.30%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Midland-TX lost - 13.75% from 1984 thru 1997
  2. Midland-TX lost - 6.03% from 1986 thru 1999

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