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 + 65.33% (+ 5.94% yearly).

All of the property in AL averaged + 61.18% change in value (+ 5.56% yearly).

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 $100,000.00 in 1995, you could multiply by + 65.33%, add the gain and see the home should be worth $165,330.00 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1995 to 2005:
+ 5.94%

Appreciation Comparisons

For a 11 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Providence-New-Bedford-Fall-River-RI-MA .

  1. Bridgeport-Stamford-Norwalk-CT increased +291.00% from 1977 thru 1987
  2. New-Haven-Milford-CT increased +263.57% from 1978 thru 1988
  3. Salinas-CA increased +257.03% from 1995 thru 2005
  4. Salinas-CA increased +246.95% from 1996 thru 2006
  5. Providence-New-Bedford-Fall-River-RI-MA increased +246.07% from 1977 thru 1987

The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .

  1. Midland-TX lost - 33.11% from 1982 to 1992
  2. Midland-TX lost - 27.85% from 1983 thru 1993
  3. Midland-TX lost - 21.51% from 1984 thru 1994
  4. Odessa-TX lost - 21.17% from 1984 thru 1994
  5. Lafayette-LA lost - 18.88% from 1982 thru 1992

Zip Code in MSA: 35020 - BESSEMER, AL

MSA Pop: 1072646
Zip Pop: 31627
Avg Value: 48000
County: JEFFERSON
Elev: 600
Region: South
Lat: 33.40098
Long: -86.94156