Real Estate Appreciation for Anderson, South Carlina: + 9.95%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Anderson, South Carlina MSA appreciated + 9.95% (+ 3.32% yearly) between 2003 and the end of 2005.
The state of SC had + 19.12% total appreciation (+ 6.37% 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 than the state as a whole. The state appreaciated + 92.14% faster than this MSA.
Anderson-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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 $108,000.00 in 2003, you could multiply by + 9.95%, add the gain and see the home should be worth $118,744.62 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-SC from 2003 to 2005:
+ 3.32%
Appreciation Comparisons
The top 5 performing MSAs from 2003 to 2005 were Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 to the end of 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 to the end of 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 to the end of 2005
- Madera-CA increased + 85.39% from 2003 to the end of 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 to the end of 2005
In contrast, the worst 5 MSAs from 2003 to 2005 were Burlington-NC, Lafayette-IN, Jonesboro-AR, Anderson-IN, and Rocky-Mount-NC .
- Burlington-NC only increased + 3.06% between 2003 and 2005
- Lafayette-IN only increased + 4.69% between 2003 and 2005
- Jonesboro-AR only increased + 5.04% between 2003 and 2005
- Anderson-IN only increased + 5.16% between 2003 and 2005
- Rocky-Mount-NC only increased + 5.82% between 2003 and 2005
Zip Code in MSA: 29622 - ANDERSON, SC
MSA Pop: 171510Zip Pop: 0
Avg Value: 0
County: ANDERSON
Elev: 771
Region: South
Lat: 34.497192
Long: -82.657924