Real Estate Appreciation for Anderson, South Carlina: + 15.87%
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 + 15.87% (+ 3.97% yearly) between 2003 and the end of 2006.
The state of SC had + 25.43% total appreciation (+ 6.36% 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 + 60.22% 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% |
| 2006 | 1 | 161.28 | + 0.30% | + 1.19% |
| 2006 | 2 | 161.9 | + 0.38% | + 1.54% |
| 2006 | 3 | 163.64 | + 1.07% | + 4.30% |
| 2006 | 4 | 169.46 | + 3.56% | + 14.23% |
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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 $109,000.00 in 2003, you could multiply by + 15.87%, add the gain and see the home should be worth $126,298.39 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-SC from 2003 to 2006:
+ 3.97%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
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