Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Athens Clarke County, Georgia did compared to the state as a whole.

The Athens Clarke County, Georgia MSA property value change was + 10.38% (+ 5.19% yearly).

All of the property in GA averaged + 11.43% change in value (+ 5.72% yearly).

Athens-Clarke-County-GA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 113.75 + 2.91% + 11.65%
1997 3 114.89 + 1.00% + 4.01%
1997 4 116.27 + 1.20% + 4.80%
1998 1 117.66 + 1.20% + 4.78%
1998 2 118.75 + 0.93% + 3.71%
1998 3 120.13 + 1.16% + 4.65%
1998 4 122 + 1.56% + 6.23%


There are a lot of ways to use the appreciation data for Athens Clarke County, Georgia .

Lets look at Bishop, Georgia, a city located in Athens Clarke County, Georgia 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 Bishop, Georgia check out Spec-Loan.com

If you were going to do a Bishop, Georgia Refinance, or Bishop, Georgia Reverse Mortgages, you could estimate your home value.

If you knew your Bishop, Georgia home was worth $95,000.00 in 1997, you could multiply by + 10.38%, add the gain and see the home should be worth $104,858.41 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Athens-Clarke-County-GA from 1997 to 1998:
+ 5.19%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1997 to 1998 were Honolulu-HI, Williamsport-PA, Ithaca-NY, Utica-Rome-NY, and Pittsfield-MA .

  1. Honolulu-HI decreased by - 3.48% between 1997 and 1998
  2. Williamsport-PA decreased by - 0.05% between 1997 and 1998
  3. Ithaca-NY only increased + 1.04% between 1997 and 1998
  4. Utica-Rome-NY only increased + 1.56% between 1997 and 1998
  5. Pittsfield-MA only increased + 2.16% between 1997 and 1998

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 30621 - BISHOP, GA

MSA Pop: 172232
Zip Pop: 3226
Avg Value: 116200
County: OCONEE
Elev: 736
Region: South
Lat: 33.83322
Long: -83.47207