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 + 11.36% (+ 3.79% yearly) from 1994 to 1996.

During the same time period, AL had + 10.56% (+ 3.52% yearly). You can see that the Auburn Opelika, Alabama MSA experienced higher appreciation in this case.

Auburn-Opelika-AL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
1996 1 106.65 + 0.11% + 0.45%
1996 2 107.47 + 0.77% + 3.08%
1996 3 109.05 + 1.47% + 5.88%
1996 4 106.76 - 2.10% - 8.40%


There are a lot of ways to use the appreciation data for Auburn Opelika, Alabama .

Lets look at Opelika, Alabama, a city located in Auburn Opelika, Alabama 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 Opelika, Alabama check out 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 $90,000.00 in 1994, you could multiply by + 11.36%, add the gain and see the home should be worth $100,223.22 in 1996. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Auburn-Opelika-AL from 1994 to 1996:
+ 3.79%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  2. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 36802 - OPELIKA, AL

MSA Pop: 119561
Zip Pop: 0
Avg Value: 0
County: LEE
Elev: 822
Region: South
Lat: 32.59567
Long: -85.317939