Real Estate Appreciation for Birmingham Hoover, Alabama: + 51.25%
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 + 51.25% (+ 5.69% yearly).
All of the property in AL averaged + 48.13% change in value (+ 5.35% yearly).
Birmingham-Hoover-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
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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 $102,000.00 in 1997, you could multiply by + 51.25%, add the gain and see the home should be worth $154,273.72 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1997 to 2005:
+ 5.69%
Appreciation Comparisons
The worst 5 MSAs from 1997 to 2005 were Lafayette-IN, Springfield-IL, Columbus-IN, Jonesboro-AR, and Ogden-Clearfield-UT .
- Lafayette-IN only increased + 22.26% between 1997 and 2005
- Springfield-IL only increased + 23.03% between 1997 and 2005
- Columbus-IN only increased + 24.75% between 1997 and 2005
- Jonesboro-AR only increased + 28.13% between 1997 and 2005
- Ogden-Clearfield-UT only increased + 28.52% between 1997 and 2005
For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +251.65% from 1997 thru 2005
- Salinas-CA increased +229.40% from 1998 thru 2006
- Springfield-MA increased +229.07% from 1981 thru 1989
- Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005
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
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