Real Estate Appreciation for Auburn Opelika, Alabama: + 19.99%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Auburn Opelika, Alabama: + 19.99%
- State of AL: + 18.05%
- Difference: + 10.70%
Auburn-Opelika-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 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 $100,000.00 in 1998, you could multiply by + 19.99%, add the gain and see the home should be worth $119,986.10 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Auburn-Opelika-AL from 1998 to 2002:
+ 4.00%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 2002 were Barnstable-Town-MA, Napa-CA, San-Luis-Obispo-Paso-Robles-CA, Salinas-CA, and Santa-Cruz-Watsonville-CA .
- Barnstable-Town-MA increased + 93.09% from 1998 to the end of 2002
- Napa-CA increased + 86.55% from 1998 to the end of 2002
- San-Luis-Obispo-Paso-Robles-CA increased + 83.76% from 1998 to the end of 2002
- Salinas-CA increased + 82.76% from 1998 to the end of 2002
- Santa-Cruz-Watsonville-CA increased + 81.13% from 1998 to the end of 2002
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