Real Estate Appreciation for Auburn Opelika, Alabama: + 19.61%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
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 + 19.61% (+ 4.90% yearly) from 2000 to 2003.
During the same time period, AL had + 16.00% (+ 4.00% yearly).
You can see that the Auburn Opelika, Alabama MSA experienced higher appreciation in this case.
Auburn-Opelika-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2000 | 2 | 124.35 | + 2.68% | + 10.73% |
| 2000 | 3 | 126.95 | + 2.09% | + 8.36% |
| 2000 | 4 | 126.76 | - 0.15% | - 0.60% |
| 2001 | 1 | 128.76 | + 1.58% | + 6.31% |
| 2001 | 2 | 130.99 | + 1.73% | + 6.93% |
| 2001 | 3 | 131.02 | + 0.02% | + 0.09% |
| 2001 | 4 | 133.36 | + 1.79% | + 7.14% |
| 2002 | 1 | 133.43 | + 0.05% | + 0.21% |
| 2002 | 2 | 135.81 | + 1.78% | + 7.13% |
| 2002 | 3 | 136.74 | + 0.68% | + 2.74% |
| 2002 | 4 | 138.08 | + 0.98% | + 3.92% |
| 2003 | 1 | 139.01 | + 0.67% | + 2.69% |
| 2003 | 2 | 141.07 | + 1.48% | + 5.93% |
| 2003 | 3 | 141.3 | + 0.16% | + 0.65% |
| 2003 | 4 | 144.85 | + 2.51% | + 10.05% |
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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 $103,000.00 in 2000, you could multiply by + 19.61%, add the gain and see the home should be worth $123,200.25 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Auburn-Opelika-AL from 2000 to 2003:
+ 4.90%
Appreciation Comparisons
The top 5 performing MSAs from 2000 to 2003 were Yuba-City-CA, Barnstable-Town-MA, Modesto-CA, San-Luis-Obispo-Paso-Robles-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Yuba-City-CA increased + 71.27% from 2000 to the end of 2003
- Barnstable-Town-MA increased + 70.88% from 2000 to the end of 2003
- Modesto-CA increased + 69.30% from 2000 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased + 67.94% from 2000 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased + 67.84% from 2000 to the end of 2003
In contrast, the worst 5 MSAs from 2000 to 2003 were Ogden-Clearfield-UT, Wenatchee-WA, Provo-Orem-UT, Jackson-TN, and Lafayette-IN .
- Ogden-Clearfield-UT only increased + 7.50% between 2000 and 2003
- Wenatchee-WA only increased + 7.51% between 2000 and 2003
- Provo-Orem-UT only increased + 8.27% between 2000 and 2003
- Jackson-TN only increased + 8.39% between 2000 and 2003
- Lafayette-IN only increased + 8.43% between 2000 and 2003
Zip Code in MSA: 36803 - OPELIKA, AL
MSA Pop: 119561Zip Pop: 0
Avg Value: 0
County: LEE
Elev: 822
Region: South
Lat: 32.64498
Long: -85.37418