Appreciation for MSAs:.

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

The Anderson, South Carlina MSA property value change was + 21.00% (+ 5.25% yearly).

All of the property in SC averaged + 19.94% change in value (+ 4.98% yearly).

Anderson-SC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1995 2 102.02 + 2.02% + 8.08%
1995 3 103.27 + 1.23% + 4.90%
1995 4 106.19 + 2.83% + 11.31%
1996 1 105.58 - 0.57% - 2.30%
1996 2 106.77 + 1.13% + 4.51%
1996 3 107.57 + 0.75% + 3.00%
1996 4 107.87 + 0.28% + 1.12%
1997 1 107.65 - 0.20% - 0.82%
1997 2 110.89 + 3.01% + 12.04%
1997 3 110.24 - 0.59% - 2.34%
1997 4 113.48 + 2.94% + 11.76%
1998 1 116.83 + 2.95% + 11.81%
1998 2 116.9 + 0.06% + 0.24%
1998 3 120.54 + 3.11% + 12.46%
1998 4 121 + 0.38% + 1.53%


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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

If you knew your Anderson, South Carlina home was worth $93,000.00 in 1995, you could multiply by + 21.00%, add the gain and see the home should be worth $112,530.00 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Anderson-SC from 1995 to 1998:
+ 5.25%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Casper-WY lost - 34.10% from 1983 thru 1986
  2. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 29623 - ANDERSON, SC

MSA Pop: 171510
Zip Pop: 0
Avg Value: 0
County: ANDERSON
Elev: 771
Region: South
Lat: 34.518833
Long: -82.7177