Real Estate Appreciation for Birmingham Hoover, Alabama: + 29.92%
Appreciation for MSAs:.
Let's start by comparing Birmingham Hoover, Alabama to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 29.92% (+ 5.98% yearly) for the Birmingham Hoover, Alabama MSA.
The entire state of AL had + 30.03% appreciation (+ 6.01% yearly).
The state average for Alabama was higher than the real estate appreciation in the Birmingham Hoover, Alabama MSA. This means the conditions in the MSA for real estate investment were worse by + 0.39%.
Birmingham-Hoover-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 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 $108,000.00 in 2002, you could multiply by + 29.92%, add the gain and see the home should be worth $140,308.45 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 2002 to 2006:
+ 5.98%
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