Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Abilene, Texas did compared to the state as a whole.

The Abilene, Texas MSA property value change was + 4.57% (+ 2.29% yearly).

All of the property in TX averaged + 8.09% change in value (+ 4.04% yearly).

Abilene-TX

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 105.52 + 0.07% + 0.27%
1997 3 106.22 + 0.66% + 2.65%
1997 4 107.26 + 0.98% + 3.92%
1998 1 107.29 + 0.03% + 0.11%
1998 2 106.41 - 0.82% - 3.28%
1998 3 110.39 + 3.74% + 14.96%
1998 4 110.27 - 0.11% - 0.43%


There are a lot of ways to use the appreciation data for Abilene, Texas .

Lets look at Cross Plains, Texas, a city located in Abilene, Texas 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 Cross Plains, Texas check out Spec-Loan.com

If you were going to do a Cross Plains, Texas Refinance, or Cross Plains, Texas Reverse Mortgages, you could estimate your home value.

If you knew your Cross Plains, Texas home was worth $95,000.00 in 1997, you could multiply by + 4.57%, add the gain and see the home should be worth $99,342.34 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Abilene-TX from 1997 to 1998:
+ 2.29%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1997 to 1998 were Honolulu-HI, Williamsport-PA, Ithaca-NY, Utica-Rome-NY, and Pittsfield-MA .

  1. Honolulu-HI decreased by - 3.48% between 1997 and 1998
  2. Williamsport-PA decreased by - 0.05% between 1997 and 1998
  3. Ithaca-NY only increased + 1.04% between 1997 and 1998
  4. Utica-Rome-NY only increased + 1.56% between 1997 and 1998
  5. Pittsfield-MA only increased + 2.16% between 1997 and 1998

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 76443 - CROSS PLAINS, TX

MSA Pop: 158488
Zip Pop: 1638
Avg Value: 38500
County: CALLAHAN
Elev: 1725
Region: South
Lat: 32.127358
Long: -99.164524