Real Estate Appreciation for Birmingham Hoover, Alabama: + 44.57%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Birmingham Hoover, Alabama did compared to the state as a whole.
The Birmingham Hoover, Alabama MSA property value change was + 44.57% (+ 4.95% yearly).
All of the property in AL averaged + 39.96% change in value (+ 4.44% yearly).
Birmingham-Hoover-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
Lets look at Alton, Alabama, a city located in Birmingham Hoover, Alabama MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
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 $98,000.00 in 1995, you could multiply by + 44.57%, add the gain and see the home should be worth $141,678.60 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1995 to 2003:
+ 4.95%
Appreciation Comparisons
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
The top 5 performing MSAs from 1995 to 2003 were Barnstable-Town-MA, San-Diego-Carlsbad-San-Marcos-CA, San-Luis-Obispo-Paso-Robles-CA, Napa-CA, and Ocean-City-NJ .
- Barnstable-Town-MA increased +150.11% from 1995 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased +128.76% from 1995 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased +128.72% from 1995 to the end of 2003
- Napa-CA increased +125.56% from 1995 to the end of 2003
- Ocean-City-NJ increased +124.67% from 1995 to the end of 2003
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