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 + 72.70% (+ 6.06% yearly) from 1994 to 2005.

During the same time period, AL had + 65.27% (+ 5.44% 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
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Birmingham-Hoover-AL here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Alabama, you can do some research at Spec-Loan.com.

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 1994, you could multiply by + 72.70%, add the gain and see the home should be worth $170,977.44 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1994 to 2005:
+ 6.06%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 2005 were Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Barnstable-Town-MA, San-Jose-Sunnyvale-Santa-Clara-CA, and Merced-CA .

  1. Salinas-CA increased +253.01% from 1994 to the end of 2005
  2. San-Diego-Carlsbad-San-Marcos-CA increased +208.52% from 1994 to the end of 2005
  3. Barnstable-Town-MA increased +205.79% from 1994 to the end of 2005
  4. San-Jose-Sunnyvale-Santa-Clara-CA increased +203.84% from 1994 to the end of 2005
  5. Merced-CA increased +203.54% from 1994 to the end of 2005

Zip Code in MSA: 35021 - BESSEMER, AL

MSA Pop: 1072646
Zip Pop: 0
Avg Value: 0
County: JEFFERSON
Elev: 600
Region: South
Lat: 33.4333
Long: -86.90355