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 + 98.94% (+ 6.60% yearly) for the Birmingham Hoover, Alabama MSA.

The entire state of AL had + 89.43% appreciation (+ 5.96% yearly). The Birmingham Hoover, Alabama MSA beat out the state. by + 10.63% appreciation.

Birmingham-Hoover-AL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 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 $98,000.00 in 1992, you could multiply by + 98.94%, add the gain and see the home should be worth $194,962.20 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1992 to 2006:
+ 6.60%

Appreciation Comparisons

The top 5 performing MSAs from 1992 to 2006 were Bend-OR, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Salinas-CA, Flagstaff-AZ-UT, and Medford-OR .

  1. Bend-OR increased +248.24% from 1992 to the end of 2006
  2. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +244.55% from 1992 to the end of 2006
  3. Salinas-CA increased +242.54% from 1992 to the end of 2006
  4. Flagstaff-AZ-UT increased +240.43% from 1992 to the end of 2006
  5. Medford-OR increased +232.88% from 1992 to the end of 2006

For a 15 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Honolulu-HI, San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Rosa-Petaluma-CA, and Oxnard-Thousand-Oaks-Ventura-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased +437.08% from 1976 thru 1990
  2. Honolulu-HI increased +339.80% from 1978 thru 1992
  3. San-Jose-Sunnyvale-Santa-Clara-CA increased +333.13% from 1977 thru 1991
  4. Santa-Rosa-Petaluma-CA increased +313.63% from 1977 thru 1991
  5. Oxnard-Thousand-Oaks-Ventura-CA increased +312.36% from 1977 thru 1991

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