Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Birmingham Hoover, Alabama MSA appreciation it was + 31.71% (+ 4.53% yearly) from 1994 to 2000.

During the same time period, AL had + 27.42% (+ 3.92% yearly). You can see that the Birmingham Hoover, Alabama MSA experienced higher appreciation in this case.

Birmingham-Hoover-AL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


Some of the ways peope use our appreciation data for Birmingham Hoover, Alabama include real estate investment .

Lets look at Alabaster, Alabama, a city located in Birmingham Hoover, Alabama MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $94,000.00 in 1994, you could multiply by + 31.71%, add the gain and see the home should be worth $123,811.34 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1994 to 2000:
+ 4.53%

Appreciation Comparisons

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

The top 5 performing MSAs from 1994 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, Boulder-CO, and Fort-Collins-Loveland-CO .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 99.95% from 1994 to the end of 2000
  2. Santa-Cruz-Watsonville-CA increased + 78.38% from 1994 to the end of 2000
  3. Denver-Aurora-CO increased + 76.10% from 1994 to the end of 2000
  4. Boulder-CO increased + 69.24% from 1994 to the end of 2000
  5. Fort-Collins-Loveland-CO increased + 62.77% from 1994 to the end of 2000

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