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 + 23.72% (+ 5.93% yearly).

All of the property in SC averaged + 20.81% change in value (+ 5.20% yearly).

Anderson-SC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
1999 1 123.23 + 1.84% + 7.37%
1999 2 123.85 + 0.50% + 2.01%
1999 3 125.48 + 1.32% + 5.26%
1999 4 128.81 + 2.65% + 10.62%
2000 1 127.28 - 1.19% - 4.75%
2000 2 129.3 + 1.59% + 6.35%
2000 3 130.95 + 1.28% + 5.10%
2000 4 133.18 + 1.70% + 6.81%


There are a lot of ways to use the appreciation data for Anderson, South Carlina .

Lets look at Anderson, South Carlina, a city located in Anderson, South Carlina 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 Anderson, South Carlina check out Spec-Loan.com

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 $97,000.00 in 1997, you could multiply by + 23.72%, add the gain and see the home should be worth $120,004.27 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Anderson-SC from 1997 to 2000:
+ 5.93%

Appreciation Comparisons

The top 5 performing MSAs from 1997 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 82.37% from 1997 to the end of 2000
  2. Santa-Cruz-Watsonville-CA increased + 74.02% from 1997 to the end of 2000
  3. Santa-Rosa-Petaluma-CA increased + 61.76% from 1997 to the end of 2000
  4. Salinas-CA increased + 59.12% from 1997 to the end of 2000
  5. Napa-CA increased + 54.99% from 1997 to the end of 2000

For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

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