Real Estate Appreciation for Auburn Opelika, Alabama: + 11.12%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Auburn Opelika, Alabama MSA appreciation it was + 11.12% (+ 5.56% yearly) from 1994 to 1995.
During the same time period, AL had + 7.30% (+ 3.65% yearly).
You can see that the Auburn Opelika, Alabama MSA experienced higher appreciation in this case.
Auburn-Opelika-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 99.6 | + 3.89% | + 15.56% |
| 1994 | 3 | 98.95 | - 0.65% | - 2.61% |
| 1994 | 4 | 102.32 | + 3.41% | + 13.62% |
| 1995 | 1 | 100 | - 2.27% | - 9.07% |
| 1995 | 2 | 103.05 | + 3.05% | + 12.20% |
| 1995 | 3 | 104.93 | + 1.82% | + 7.30% |
| 1995 | 4 | 106.53 | + 1.52% | + 6.10% |
If you need information on Hard Money Rehab Loans in Opelika, Alabama look at Spec-Loan.com
If you were going to do a Opelika, Alabama Refinance, or Opelika, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Opelika, Alabama home was worth $89,000.00 in 1994, you could multiply by + 11.12%, add the gain and see the home should be worth $98,896.11 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Auburn-Opelika-AL from 1994 to 1995:
+ 5.56%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 36801 - OPELIKA, AL
MSA Pop: 119561Zip Pop: 20523
Avg Value: 83600
County: LEE
Elev: 822
Region: South
Lat: 32.639331
Long: -85.382302