Real Estate Appreciation for Auburn Opelika, Alabama: + 57.22%
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 + 57.22% (+ 5.72% yearly).
All of the property in AL averaged + 47.36% change in value (+ 4.74% yearly).
Auburn-Opelika-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
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 University, Alabama Refinance, or Auburn University, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Auburn University, Alabama home was worth $99,000.00 in 1995, you could multiply by + 57.22%, add the gain and see the home should be worth $155,647.80 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Auburn-Opelika-AL from 1995 to 2004:
+ 5.72%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 2004 were San-Diego-Carlsbad-San-Marcos-CA, Salinas-CA, Barnstable-Town-MA, San-Luis-Obispo-Paso-Robles-CA, and Oxnard-Thousand-Oaks-Ventura-CA .
- San-Diego-Carlsbad-San-Marcos-CA increased +189.90% from 1995 to the end of 2004
- Salinas-CA increased +186.52% from 1995 to the end of 2004
- Barnstable-Town-MA increased +184.65% from 1995 to the end of 2004
- San-Luis-Obispo-Paso-Robles-CA increased +172.94% from 1995 to the end of 2004
- Oxnard-Thousand-Oaks-Ventura-CA increased +168.06% from 1995 to the end of 2004
In contrast, the worst 5 MSAs from 1995 to 2004 were Springfield-IL, El-Paso-TX, Fayetteville-NC, Columbus-IN, and Florence-Muscle-Shoals-AL .
- Springfield-IL only increased + 26.16% between 1995 and 2004
- El-Paso-TX only increased + 27.37% between 1995 and 2004
- Fayetteville-NC only increased + 27.65% between 1995 and 2004
- Columbus-IN only increased + 28.72% between 1995 and 2004
- Florence-Muscle-Shoals-AL only increased + 29.33% between 1995 and 2004
Zip Code in MSA: 36849 - AUBURN UNIVERSITY, AL
MSA Pop: 119561Zip Pop: 1997
Avg Value: 0
County: LEE
Elev: 822
Region: South
Lat: 32.601532
Long: -85.508132