Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Asheville, North Carolina did compared to the state as a whole.

The Asheville, North Carolina MSA property value change was + 68.08% (+ 7.56% yearly).

All of the property in NC averaged + 44.12% change in value (+ 4.90% yearly).

Asheville-NC

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation


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

If you knew your Black Mountain, North Carolina home was worth $98,000.00 in 1995, you could multiply by + 68.08%, add the gain and see the home should be worth $164,718.40 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Asheville-NC from 1995 to 2003:
+ 7.56%

Appreciation Comparisons

The top 5 performing MSAs from 1995 to 2003 were Barnstable-Town-MA, San-Diego-Carlsbad-San-Marcos-CA, San-Luis-Obispo-Paso-Robles-CA, Napa-CA, and Ocean-City-NJ .

  1. Barnstable-Town-MA increased +150.11% from 1995 to the end of 2003
  2. San-Diego-Carlsbad-San-Marcos-CA increased +128.76% from 1995 to the end of 2003
  3. San-Luis-Obispo-Paso-Robles-CA increased +128.72% from 1995 to the end of 2003
  4. Napa-CA increased +125.56% from 1995 to the end of 2003
  5. Ocean-City-NJ increased +124.67% from 1995 to the end of 2003

Zip Code in MSA: 28711 - BLACK MOUNTAIN, NC

MSA Pop: 381789
Zip Pop: 11826
Avg Value: 100900
County: BUNCOMBE
Elev: 2134
Region: South
Lat: 35.605394
Long: -82.313947