Appreciation for MSAs:.

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

If we analyze Atlantic City, New Jersey MSA appreciation it was + 19.56% (+ 2.79% yearly) from 1994 to 2000.

During the same time period, NJ had + 25.24% (+ 3.61% yearly). From 1994 to 2000, New Jersey outperformed the individual Atlantic City, New Jersey MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Atlantic-City-NJ

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


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If you were going to do a Hammonton, New Jersey Refinance, or Hammonton, New Jersey Reverse Mortgages, you could estimate your home value.

If you knew your Hammonton, New Jersey home was worth $94,000.00 in 1994, you could multiply by + 19.56%, add the gain and see the home should be worth $112,383.53 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Atlantic-City-NJ from 1994 to 2000:
+ 2.79%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1994 to 2000 were Honolulu-HI, Utica-Rome-NY, Albany-Schenectady-Troy-NY, Bakersfield-CA, and Binghamton-NY .

  1. Honolulu-HI decreased by - 13.20% between 1994 and 2000
  2. Utica-Rome-NY decreased by - 0.93% between 1994 and 2000
  3. Albany-Schenectady-Troy-NY only increased + 0.49% between 1994 and 2000
  4. Bakersfield-CA only increased + 1.73% between 1994 and 2000
  5. Binghamton-NY only increased + 1.91% between 1994 and 2000

The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .

  1. Lafayette-LA lost - 40.40% from 1982 to 1988
  2. Casper-WY lost - 35.78% from 1983 thru 1989
  3. Midland-TX lost - 32.81% from 1983 thru 1989
  4. Lafayette-LA lost - 32.70% from 1983 thru 1989
  5. Midland-TX lost - 31.48% from 1982 thru 1988

Zip Code in MSA: 8037 - HAMMONTON, NJ

MSA Pop: 263410
Zip Pop: 22461
Avg Value: 120600
County: ATLANTIC
Elev: 12
Region: Northeast
Lat: 39.629954
Long: -74.770143