Real Estate Appreciation for Auburn Opelika, Alabama: + 39.11%
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 + 39.11% (+ 4.89% yearly) from 1994 to 2001.
During the same time period, AL had + 34.33% (+ 4.29% yearly).
You can see that the Auburn Opelika, Alabama MSA experienced higher appreciation in this case.
Auburn-Opelika-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Auburn, Alabama Refinance, or Auburn, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Auburn, Alabama home was worth $95,000.00 in 1994, you could multiply by + 39.11%, add the gain and see the home should be worth $132,149.79 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Auburn-Opelika-AL from 1994 to 2001:
+ 4.89%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 2001 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, Barnstable-Town-MA, and Boulder-CO .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +101.92% from 1994 to the end of 2001
- Santa-Cruz-Watsonville-CA increased + 90.40% from 1994 to the end of 2001
- Denver-Aurora-CO increased + 90.13% from 1994 to the end of 2001
- Barnstable-Town-MA increased + 84.94% from 1994 to the end of 2001
- Boulder-CO increased + 84.59% from 1994 to the end of 2001
For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .
- Salinas-CA increased +233.30% from 1998 thru 2005
- Springfield-MA increased +225.43% from 1981 thru 1988
- Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
- Salinas-CA increased +204.52% from 1999 thru 2006
- Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005
Zip Code in MSA: 36831 - AUBURN, AL
MSA Pop: 119561Zip Pop: 0
Avg Value: 0
County: LEE
Elev: 822
Region: South
Lat: 32.6079
Long: -85.48098