Real Estate Appreciation for Auburn Opelika, Alabama: + 22.84%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Auburn Opelika, Alabama did compared to the state as a whole.
The Auburn Opelika, Alabama MSA property value change was + 22.84% (+ 4.57% yearly).
All of the property in AL averaged + 20.38% change in value (+ 4.08% yearly).
Auburn-Opelika-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1996-1999 Quarterly Detailed Appreciation
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 $94,000.00 in 1995, you could multiply by + 22.84%, add the gain and see the home should be worth $115,469.60 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Auburn-Opelika-AL from 1995 to 1999:
+ 4.57%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, Barnstable-Town-MA, and Battle-Creek-MI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 56.64% from 1995 to the end of 1999
- Santa-Cruz-Watsonville-CA increased + 45.88% from 1995 to the end of 1999
- Denver-Aurora-CO increased + 42.15% from 1995 to the end of 1999
- Barnstable-Town-MA increased + 41.29% from 1995 to the end of 1999
- Battle-Creek-MI increased + 39.66% from 1995 to the end of 1999
For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
- Worcester-MA increased +138.82% from 1982 thru 1986
- Fresno-CA increased +137.23% from 2001 thru 2005
- Madera-CA increased +136.99% from 2001 thru 2005
- Yuba-City-CA increased +136.08% from 2001 thru 2005
Zip Code in MSA: 36804 - OPELIKA, AL
MSA Pop: 119561Zip Pop: 15401
Avg Value: 65600
County: LEE
Elev: 822
Region: South
Lat: 32.6542
Long: -85.378805