Appreciation for MSAs:.

Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.

  • Asheville, North Carolina: + 92.92%
  • State of NC: + 55.73%
  • Difference: + 66.74%

Asheville-NC

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Asheville, North Carolina .

Lets look at Black Mountain, North Carolina, a city located in Asheville, North Carolina 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 Black Mountain, North Carolina check out Spec-Loan.com

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 $101,000.00 in 1996, you could multiply by + 92.92%, add the gain and see the home should be worth $194,854.23 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Asheville-NC from 1996 to 2005:
+ 9.29%

Appreciation Comparisons

For a 10 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Riverside-San-Bernardino-Ontario-CA .

  1. Bridgeport-Stamford-Norwalk-CT increased +262.04% from 1977 thru 1986
  2. New-Haven-Milford-CT increased +251.93% from 1978 thru 1987
  3. Salinas-CA increased +251.06% from 1996 thru 2005
  4. Salinas-CA increased +247.53% from 1997 thru 2006
  5. Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 thru 2006

The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .

  1. Midland-TX lost - 34.73% from 1982 to 1991
  2. Midland-TX lost - 31.11% from 1983 thru 1992
  3. Lafayette-LA lost - 22.75% from 1982 thru 1991
  4. Midland-TX lost - 22.05% from 1984 thru 1993
  5. Lafayette-LA lost - 21.25% from 1983 thru 1992

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