Real Estate Appreciation for Birmingham Hoover, Alabama: + 24.69%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Birmingham Hoover, Alabama MSA appreciated + 24.69% (+ 4.94% yearly) between 1993 and the end of 1997.
The state of AL had + 20.77% total appreciation (+ 4.15% yearly).
The Birmingham Hoover, Alabama MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 18.83% faster than the state as a whole.
Birmingham-Hoover-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1994-1997 Quarterly Detailed Appreciation
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If you were going to do a Adger, Alabama Refinance, or Adger, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Adger, Alabama home was worth $90,000.00 in 1993, you could multiply by + 24.69%, add the gain and see the home should be worth $112,217.45 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1993 to 1997:
+ 4.94%
Appreciation Comparisons
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
The top 5 performing MSAs from 1993 to 1997 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Provo-Orem-UT, Greeley-CO, and Logan-UT-ID .
- Salt-Lake-City-UT increased + 64.90% from 1993 to the end of 1997
- Ogden-Clearfield-UT increased + 62.08% from 1993 to the end of 1997
- Provo-Orem-UT increased + 61.72% from 1993 to the end of 1997
- Greeley-CO increased + 50.51% from 1993 to the end of 1997
- Logan-UT-ID increased + 49.89% from 1993 to the end of 1997
Zip Code in MSA: 35006 - ADGER, AL
MSA Pop: 1072646Zip Pop: 3109
Avg Value: 57000
County: JEFFERSON
Elev: 600
Region: South
Lat: 33.44394
Long: -87.20292