Real Estate Appreciation for Albany, Georgia: + 9.07%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Albany, Georgia did compared to the state as a whole.
The Albany, Georgia MSA property value change was + 9.07% (+ 4.54% yearly).
All of the property in GA averaged + 9.21% change in value (+ 4.61% yearly).
Albany-GA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 101.41 | + 1.41% | + 5.64% |
| 1995 | 3 | 102.99 | + 1.56% | + 6.23% |
| 1995 | 4 | 104.53 | + 1.50% | + 5.98% |
| 1996 | 1 | 103.62 | - 0.87% | - 3.48% |
| 1996 | 2 | 106.62 | + 2.90% | + 11.58% |
| 1996 | 3 | 109.87 | + 3.05% | + 12.19% |
| 1996 | 4 | 109.07 | - 0.73% | - 2.91% |
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If you were going to do a Albany, Georgia Refinance, or Albany, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Albany, Georgia home was worth $91,000.00 in 1995, you could multiply by + 9.07%, add the gain and see the home should be worth $99,253.70 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-GA from 1995 to 1996:
+ 4.54%
Appreciation Comparisons
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
The top 5 performing MSAs from 1995 to 1996 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Pittsfield-MA, Danville-IL, and Bay-City-MI .
- Salt-Lake-City-UT increased + 17.55% from 1995 to the end of 1996
- Ogden-Clearfield-UT increased + 17.36% from 1995 to the end of 1996
- Pittsfield-MA increased + 17.05% from 1995 to the end of 1996
- Danville-IL increased + 16.75% from 1995 to the end of 1996
- Bay-City-MI increased + 16.66% from 1995 to the end of 1996
Zip Code in MSA: 31701 - ALBANY, GA
MSA Pop: 161104Zip Pop: 22419
Avg Value: 55300
County: DOUGHERTY
Elev: 208
Region: South
Lat: 31.57381
Long: -84.164133