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 + 92.45% (+ 6.60% yearly) between 1993 and the end of 2006.

The state of AL had + 82.93% total appreciation (+ 5.92% yearly). The Birmingham Hoover, Alabama MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 11.49% 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
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Bessemer, Alabama click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Birmingham Hoover, Alabama.

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 $99,000.00 in 1993, you could multiply by + 92.45%, add the gain and see the home should be worth $190,529.74 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1993 to 2006:
+ 6.60%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 2006 were Salinas-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Bend-OR, Flagstaff-AZ-UT, and Phoenix-Mesa-Scottdale-AZ .

  1. Salinas-CA increased +247.88% from 1993 to the end of 2006
  2. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +240.91% from 1993 to the end of 2006
  3. Bend-OR increased +230.33% from 1993 to the end of 2006
  4. Flagstaff-AZ-UT increased +228.96% from 1993 to the end of 2006
  5. Phoenix-Mesa-Scottdale-AZ increased +223.72% from 1993 to the end of 2006

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