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 + 8.79% (+ 4.40% yearly).

All of the property in AL averaged + 8.82% change in value (+ 4.41% yearly).

Birmingham-Hoover-AL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 109.68 + 0.34% + 1.35%
1997 3 112.17 + 2.27% + 9.08%
1997 4 113.19 + 0.91% + 3.64%
1998 1 115.65 + 2.17% + 8.69%
1998 2 116.35 + 0.61% + 2.42%
1998 3 117.38 + 0.89% + 3.54%
1998 4 118.92 + 1.31% + 5.25%


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 Moody, Alabama Refinance, or Moody, Alabama Reverse Mortgages, you could estimate your home value.

If you knew your Moody, Alabama home was worth $95,000.00 in 1997, you could multiply by + 8.79%, add the gain and see the home should be worth $103,351.93 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1997 to 1998:
+ 4.40%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Lafayette-LA lost - 25.36% from 1986 thru 1987
  2. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 35004 - MOODY, AL

MSA Pop: 1072646
Zip Pop: 6998
Avg Value: 91300
County: SAINT CLAIR
Elev: 570
Region: South
Lat: 33.59142
Long: -86.50002