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 + 27.12% (+ 4.52% yearly).

All of the property in AL averaged + 24.57% change in value (+ 4.09% yearly).

Birmingham-Hoover-AL

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1999-2002 Quarterly Detailed Appreciation


Lets look at Adger, 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 Adger, Alabama Refinance, or Adger, Alabama Reverse Mortgages, you could estimate your home value.

If you knew your Adger, Alabama home was worth $99,000.00 in 1997, you could multiply by + 27.12%, add the gain and see the home should be worth $125,853.44 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1997 to 2002:
+ 4.52%

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. Anchorage-AK lost - 33.17% from 1984 thru 1989
  2. Midland-TX lost - 31.15% from 1982 thru 1987

Zip Code in MSA: 35006 - ADGER, AL

MSA Pop: 1072646
Zip Pop: 3109
Avg Value: 57000
County: JEFFERSON
Elev: 600
Region: South
Lat: 33.44394
Long: -87.20292