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 + 32.07% (+ 6.41% yearly).

All of the property in SC averaged + 28.10% change in value (+ 5.62% yearly).

Anderson-SC

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1998-2001 Quarterly Detailed Appreciation


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 $98,000.00 in 1997, you could multiply by + 32.07%, add the gain and see the home should be worth $129,425.55 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Anderson-SC from 1997 to 2001:
+ 6.41%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1997 to 2001 were Honolulu-HI, Williamsport-PA, Springfield-IL, Wenatchee-WA, and Albuquerque-NM .

  1. Honolulu-HI only increased + 5.24% between 1997 and 2001
  2. Williamsport-PA only increased + 7.92% between 1997 and 2001
  3. Springfield-IL only increased + 8.36% between 1997 and 2001
  4. Wenatchee-WA only increased + 8.71% between 1997 and 2001
  5. Albuquerque-NM only increased + 8.90% between 1997 and 2001

The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .

  1. Casper-WY lost - 42.34% from 1983 to 1987
  2. Lafayette-LA lost - 39.59% from 1983 thru 1987
  3. Lafayette-LA lost - 37.20% from 1984 thru 1988
  4. Grand-Junction-CO lost - 30.66% from 1982 thru 1986
  5. Anchorage-AK lost - 30.21% from 1985 thru 1989

Zip Code in MSA: 29624 - ANDERSON, SC

MSA Pop: 171510
Zip Pop: 15898
Avg Value: 49500
County: ANDERSON
Elev: 771
Region: South
Lat: 34.479558
Long: -82.682694