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 + 34.80% (+ 4.97% yearly) between 1993 and the end of 1999.

The state of AL had + 28.95% total appreciation (+ 4.14% yearly). The Birmingham Hoover, Alabama MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 20.19% faster than the state as a whole.

Birmingham-Hoover-AL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
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 Alabaster, 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 Alabaster, Alabama check out Spec-Loan.com

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

If you knew your Alabaster, Alabama home was worth $92,000.00 in 1993, you could multiply by + 34.80%, add the gain and see the home should be worth $124,014.54 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1993 to 1999:
+ 4.97%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1993 to 1999 were Honolulu-HI, Bakersfield-CA, Albany-Schenectady-Troy-NY, Utica-Rome-NY, and Binghamton-NY .

  1. Honolulu-HI decreased by - 15.53% between 1993 and 1999
  2. Bakersfield-CA decreased by - 5.66% between 1993 and 1999
  3. Albany-Schenectady-Troy-NY decreased by - 3.82% between 1993 and 1999
  4. Utica-Rome-NY decreased by - 3.32% between 1993 and 1999
  5. Binghamton-NY decreased by - 3.08% between 1993 and 1999

The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .

  1. Lafayette-LA lost - 40.40% from 1982 to 1988
  2. Casper-WY lost - 35.78% from 1983 thru 1989
  3. Midland-TX lost - 32.81% from 1983 thru 1989
  4. Lafayette-LA lost - 32.70% from 1983 thru 1989
  5. Midland-TX lost - 31.48% from 1982 thru 1988

Zip Code in MSA: 35007 - ALABASTER, AL

MSA Pop: 1072646
Zip Pop: 20157
Avg Value: 118300
County: SHELBY
Elev: 524
Region: South
Lat: 33.240386
Long: -86.82407