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 + 32.26% (+ 4.61% yearly).

All of the property in AL averaged + 28.62% change in value (+ 4.09% yearly).

Birmingham-Hoover-AL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Birmingham Hoover, Alabama .

Lets look at Alabaster, Alabama, a city located in Birmingham Hoover, Alabama MSA.

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Alabaster, Alabama check out Spec-Loan.com

If you were going to do a Alabaster, Alabama Refinance, or Alabaster, Alabama Reverse Mortgages, you could estimate your home value.

If you knew your Alabaster, Alabama home was worth $100,000.00 in 1997, you could multiply by + 32.26%, add the gain and see the home should be worth $132,256.88 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1997 to 2003:
+ 4.61%

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 - 32.70% from 1983 thru 1989
  2. Midland-TX lost - 31.48% from 1982 thru 1988

Zip Code in MSA: 35007 - ALABASTER, AL

MSA Pop: 1072646
Zip Pop: 20157
Avg Value: 118300
County: SHELBY
Elev: 524
Region: South
Lat: 33.240386
Long: -86.82407