Appreciation for MSAs:.

Let's start by comparing Anderson, South Carlina 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 + 48.37% (+ 5.37% yearly) for the Anderson, South Carlina MSA.

The entire state of SC had + 41.47% appreciation (+ 4.61% yearly). The Anderson, South Carlina MSA beat out the state. by + 16.65% appreciation.

Anderson-SC

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


Lets look at Honea Path, South Carlina, a city located in Anderson, South Carlina MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

If you were going to do a Honea Path, South Carlina Refinance, or Honea Path, South Carlina Reverse Mortgages, you could estimate your home value.

If you knew your Honea Path, South Carlina home was worth $92,000.00 in 1992, you could multiply by + 48.37%, add the gain and see the home should be worth $136,503.57 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Anderson-SC from 1992 to 2000:
+ 5.37%

Appreciation Comparisons

The top 5 performing MSAs from 1992 to 2000 were Boulder-CO, Denver-Aurora-CO, Fort-Collins-Loveland-CO, Greeley-CO, and Salt-Lake-City-UT .

  1. Boulder-CO increased +120.26% from 1992 to the end of 2000
  2. Denver-Aurora-CO increased +108.38% from 1992 to the end of 2000
  3. Fort-Collins-Loveland-CO increased +100.33% from 1992 to the end of 2000
  4. Greeley-CO increased + 94.91% from 1992 to the end of 2000
  5. Salt-Lake-City-UT increased + 92.72% from 1992 to the end of 2000

In contrast, the worst 5 MSAs from 1992 to 2000 were Honolulu-HI, Binghamton-NY, Utica-Rome-NY, Albany-Schenectady-Troy-NY, and Bakersfield-CA .

  1. Honolulu-HI decreased by - 11.63% between 1992 and 2000
  2. Binghamton-NY decreased by - 1.61% between 1992 and 2000
  3. Utica-Rome-NY decreased by - 0.25% between 1992 and 2000
  4. Albany-Schenectady-Troy-NY decreased by - 0.02% between 1992 and 2000
  5. Bakersfield-CA only increased + 0.18% between 1992 and 2000

Zip Code in MSA: 29654 - HONEA PATH, SC

MSA Pop: 171510
Zip Pop: 9830
Avg Value: 61900
County: ANDERSON
Elev: 771
Region: South
Lat: 34.447033
Long: -82.401901