Real Estate Appreciation for Albany, Georgia: + 28.72%
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 + 28.72% (+ 4.10% yearly).
All of the property in GA averaged + 48.70% change in value (+ 6.96% yearly).
Albany-GA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Albany, Georgia .
Lets look at Albany, Georgia, a city located in Albany, Georgia 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 Albany, Georgia check out Spec-Loan.com
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 $96,000.00 in 1995, you could multiply by + 28.72%, add the gain and see the home should be worth $123,571.20 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-GA from 1995 to 2001:
+ 4.10%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 2001 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Barnstable-Town-MA, Salinas-CA, and Santa-Rosa-Petaluma-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +103.98% from 1995 to the end of 2001
- Santa-Cruz-Watsonville-CA increased + 92.02% from 1995 to the end of 2001
- Barnstable-Town-MA increased + 87.81% from 1995 to the end of 2001
- Salinas-CA increased + 80.15% from 1995 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 79.67% from 1995 to the end of 2001
In contrast, the worst 5 MSAs from 1995 to 2001 were Honolulu-HI, Odessa-TX, Lawton-OK, El-Paso-TX, and Buffalo-Niagara-Falls-NY .
- Honolulu-HI decreased by - 5.27% between 1995 and 2001
- Odessa-TX only increased + 11.46% between 1995 and 2001
- Lawton-OK only increased + 11.56% between 1995 and 2001
- El-Paso-TX only increased + 12.88% between 1995 and 2001
- Buffalo-Niagara-Falls-NY only increased + 13.30% between 1995 and 2001
Zip Code in MSA: 31705 - ALBANY, GA
MSA Pop: 161104Zip Pop: 38667
Avg Value: 53300
County: DOUGHERTY
Elev: 208
Region: South
Lat: 31.556986
Long: -84.088985