Appreciation for MSAs:.

Let's start by comparing Athens Clarke County, Georgia to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 17.71% (+ 4.43% yearly) for the Athens Clarke County, Georgia MSA.

The entire state of GA had + 20.52% appreciation (+ 5.13% yearly). The state average for Georgia was higher than the real estate appreciation in the Athens Clarke County, Georgia MSA. This means the conditions in the MSA for real estate investment were worse by + 15.88%.

Athens-Clarke-County-GA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2002 2 149.53 + 0.60% + 2.40%
2002 3 152.32 + 1.87% + 7.46%
2002 4 153.56 + 0.81% + 3.26%
2003 1 154.7 + 0.74% + 2.97%
2003 2 156.54 + 1.19% + 4.76%
2003 3 157.38 + 0.54% + 2.15%
2003 4 159.73 + 1.49% + 5.97%
2004 1 163.22 + 2.18% + 8.74%
2004 2 165.12 + 1.16% + 4.66%
2004 3 166.94 + 1.10% + 4.41%
2004 4 170.56 + 2.17% + 8.67%
2005 1 170.47 - 0.05% - 0.21%
2005 2 173.76 + 1.93% + 7.72%
2005 3 173.52 - 0.14% - 0.55%
2005 4 174.96 + 0.83% + 3.32%


Lets look at Farmington, Georgia, a city located in Athens Clarke County, Georgia MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

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

If you knew your Farmington, Georgia home was worth $107,000.00 in 2002, you could multiply by + 17.71%, add the gain and see the home should be worth $125,946.72 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Athens-Clarke-County-GA from 2002 to 2005:
+ 4.43%

Appreciation Comparisons

The worst 5 MSAs from 2002 to 2005 were Lafayette-IN, Burlington-NC, Anderson-IN, Jonesboro-AR, and Fort-Wayne-IN .

  1. Lafayette-IN only increased + 6.22% between 2002 and 2005
  2. Burlington-NC only increased + 6.40% between 2002 and 2005
  3. Anderson-IN only increased + 8.50% between 2002 and 2005
  4. Jonesboro-AR only increased + 8.86% between 2002 and 2005
  5. Fort-Wayne-IN only increased + 9.30% between 2002 and 2005

For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 30638 - FARMINGTON, GA

MSA Pop: 172232
Zip Pop: 45
Avg Value: 59300
County: OCONEE
Elev: 736
Region: South
Lat: 33.770743
Long: -83.423106