Real Estate Appreciation for Birmingham Hoover, Alabama: + 47.16%
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 + 47.16% (+ 5.24% yearly) between 1993 and the end of 2001.
The state of AL had + 40.34% total appreciation (+ 4.48% yearly).
The Birmingham Hoover, Alabama MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 16.90% faster than the state as a whole.
Birmingham-Hoover-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
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If you were going to do a Alton, Alabama Refinance, or Alton, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Alton, Alabama home was worth $94,000.00 in 1993, you could multiply by + 47.16%, add the gain and see the home should be worth $138,328.49 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1993 to 2001:
+ 5.24%
Appreciation Comparisons
For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +251.65% from 1997 thru 2005
- Salinas-CA increased +229.40% from 1998 thru 2006
- Springfield-MA increased +229.07% from 1981 thru 1989
- Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
Zip Code in MSA: 35015 - ALTON, AL
MSA Pop: 1072646Zip Pop: 0
Avg Value: 0
County: JEFFERSON
Elev: 600
Region: South
Lat: 33.579167
Long: -86.6375