Real Estate Appreciation for Birmingham Hoover, Alabama: + 25.67%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Birmingham Hoover, Alabama MSA appreciation it was + 25.67% (+ 5.13% yearly) from 2000 to 2004.
During the same time period, AL had + 22.13% (+ 4.43% yearly).
You can see that the Birmingham Hoover, Alabama MSA experienced higher appreciation in this case.
Birmingham-Hoover-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
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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 $104,000.00 in 2000, you could multiply by + 25.67%, add the gain and see the home should be worth $130,701.67 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 2000 to 2004:
+ 5.13%
Appreciation Comparisons
For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
- Worcester-MA increased +138.82% from 1982 thru 1986
- Fresno-CA increased +137.23% from 2001 thru 2005
- Madera-CA increased +136.99% from 2001 thru 2005
- Yuba-City-CA increased +136.08% from 2001 thru 2005
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
Zip Code in MSA: 35006 - ADGER, AL
MSA Pop: 1072646Zip Pop: 3109
Avg Value: 57000
County: JEFFERSON
Elev: 600
Region: South
Lat: 33.44394
Long: -87.20292