Real Estate Appreciation for Anderson, South Carlina: + 14.19%
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 + 14.19% (+ 3.55% yearly) for the Anderson, South Carlina MSA.
The entire state of SC had + 23.57% appreciation (+ 5.89% yearly).
The state average for South Carlina was higher than the real estate appreciation in the Anderson, South Carlina MSA. This means the conditions in the MSA for real estate investment were worse by + 66.12%.
Anderson-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 142.86 | + 1.45% | + 5.79% |
| 2002 | 3 | 144.01 | + 0.80% | + 3.22% |
| 2002 | 4 | 144.97 | + 0.67% | + 2.67% |
| 2003 | 1 | 146.25 | + 0.88% | + 3.53% |
| 2003 | 2 | 147.65 | + 0.96% | + 3.83% |
| 2003 | 3 | 149.3 | + 1.12% | + 4.47% |
| 2003 | 4 | 151.12 | + 1.22% | + 4.88% |
| 2004 | 1 | 149.84 | - 0.85% | - 3.39% |
| 2004 | 2 | 150.37 | + 0.35% | + 1.41% |
| 2004 | 3 | 148.79 | - 1.05% | - 4.20% |
| 2004 | 4 | 152.7 | + 2.63% | + 10.51% |
| 2005 | 1 | 155.04 | + 1.53% | + 6.13% |
| 2005 | 2 | 154.7 | - 0.22% | - 0.88% |
| 2005 | 3 | 157.83 | + 2.02% | + 8.09% |
| 2005 | 4 | 160.8 | + 1.88% | + 7.53% |
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 $107,000.00 in 2002, you could multiply by + 14.19%, add the gain and see the home should be worth $122,181.51 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-SC from 2002 to 2005:
+ 3.55%
Appreciation Comparisons
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 .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 29623 - ANDERSON, SC
MSA Pop: 171510Zip Pop: 0
Avg Value: 0
County: ANDERSON
Elev: 771
Region: South
Lat: 34.518833
Long: -82.7177