Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Asheville, North Carolina MSA appreciation it was + 90.04% (+ 8.19% yearly) from 1994 to 2004.

During the same time period, NC had + 58.59% (+ 5.33% yearly). You can see that the Asheville, North Carolina MSA experienced higher appreciation in this case.

Asheville-NC

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation


Some of the ways peope use our appreciation data for Asheville, North Carolina include real estate investment .

Lets look at Candler, North Carolina, a city located in Asheville, North Carolina MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in North Carolina check out Spec-Loan.com

If you were going to do a Candler, North Carolina Refinance, or Candler, North Carolina Reverse Mortgages, you could estimate your home value.

If you knew your Candler, North Carolina home was worth $98,000.00 in 1994, you could multiply by + 90.04%, add the gain and see the home should be worth $186,237.31 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Asheville-NC from 1994 to 2004:
+ 8.19%

Appreciation Comparisons

The worst 5 MSAs from 1994 to 2004 were Binghamton-NY, Rochester-NY, Buffalo-Niagara-Falls-NY, El-Paso-TX, and Elmira-NY .

  1. Binghamton-NY only increased + 18.17% between 1994 and 2004
  2. Rochester-NY only increased + 24.10% between 1994 and 2004
  3. Buffalo-Niagara-Falls-NY only increased + 26.19% between 1994 and 2004
  4. El-Paso-TX only increased + 27.09% between 1994 and 2004
  5. Elmira-NY only increased + 27.92% between 1994 and 2004

For a 11 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Providence-New-Bedford-Fall-River-RI-MA .

  1. Bridgeport-Stamford-Norwalk-CT increased +291.00% from 1977 thru 1987
  2. New-Haven-Milford-CT increased +263.57% from 1978 thru 1988
  3. Salinas-CA increased +257.03% from 1995 thru 2005
  4. Salinas-CA increased +246.95% from 1996 thru 2006
  5. Providence-New-Bedford-Fall-River-RI-MA increased +246.07% from 1977 thru 1987

The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .

  1. Midland-TX lost - 33.11% from 1982 to 1992
  2. Midland-TX lost - 27.85% from 1983 thru 1993
  3. Midland-TX lost - 21.51% from 1984 thru 1994
  4. Odessa-TX lost - 21.17% from 1984 thru 1994
  5. Lafayette-LA lost - 18.88% from 1982 thru 1992

Zip Code in MSA: 28715 - CANDLER, NC

MSA Pop: 381789
Zip Pop: 22256
Avg Value: 93800
County: BUNCOMBE
Elev: 2134
Region: South
Lat: 35.540157
Long: -82.682729