Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Altoona, Pensylivania MSA appreciated + 2.11% (+ 1.06% yearly) for the period between 1999 and the end of 2000.

The state had + 5.83% total appreciation (+ 2.91% yearly). The state average for Pensylivania was higher than the real estate appreciation in the Altoona, Pensylivania MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated +175.48% faster than this MSA.

Altoona-PA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1999 2 120.7 - 0.67% - 2.70%
1999 3 119.23 - 1.22% - 4.87%
1999 4 119.51 + 0.23% + 0.94%
2000 1 121.89 + 1.99% + 7.97%
2000 2 123 + 0.91% + 3.64%
2000 3 124.46 + 1.19% + 4.75%
2000 4 124.09 - 0.30% - 1.19%


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Altoona-PA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Pensylivania, you can do some research at Spec-Loan.com.

If you were going to do a Altoona, Pensylivania Refinance, or Altoona, Pensylivania Reverse Mortgages, you could estimate your home value.

If you knew your Altoona, Pensylivania home was worth $99,000.00 in 1999, you could multiply by + 2.11%, add the gain and see the home should be worth $101,093.73 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Altoona-PA from 1999 to 2000:
+ 1.06%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1999 to 2000 were Midland-TX, Coeur-d'Alene-ID, Wenatchee-WA, Lewiston-ID-WA, and Lawton-OK .

  1. Midland-TX decreased by - 2.50% between 1999 and 2000
  2. Coeur-d'Alene-ID decreased by - 2.19% between 1999 and 2000
  3. Wenatchee-WA decreased by - 1.05% between 1999 and 2000
  4. Lewiston-ID-WA decreased by - 0.85% between 1999 and 2000
  5. Lawton-OK decreased by - 0.79% between 1999 and 2000

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: 16601 - ALTOONA, PA

MSA Pop: 127175
Zip Pop: 34562
Avg Value: 63200
County: BLAIR
Elev: 953
Region: Northeast
Lat: 40.518616
Long: -78.405722