Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Auburn Opelika, Alabama MSA appreciated + 22.10% (+ 5.53% yearly) for the period between 2001 and the end of 2004.

The state had + 15.06% total appreciation (+ 3.77% yearly). The Auburn Opelika, Alabama MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Auburn-Opelika-AL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2004 1 145.48 + 0.43% + 1.74%
2004 2 149.67 + 2.88% + 11.52%
2004 3 154.09 + 2.95% + 11.81%
2004 4 157.22 + 2.03% + 8.13%


If you want to learn more about fixing up and flipping property and Hard Money Rehab Loans 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 $105,000.00 in 2001, you could multiply by + 22.10%, add the gain and see the home should be worth $128,208.29 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Auburn-Opelika-AL from 2001 to 2004:
+ 5.53%

Appreciation Comparisons

The top 5 performing MSAs from 2001 to 2004 were Riverside-San-Bernardino-Ontario-CA, Yuba-City-CA, Fresno-CA, Madera-CA, and San-Diego-Carlsbad-San-Marcos-CA .

  1. Riverside-San-Bernardino-Ontario-CA increased + 90.90% from 2001 to the end of 2004
  2. Yuba-City-CA increased + 90.67% from 2001 to the end of 2004
  3. Fresno-CA increased + 90.07% from 2001 to the end of 2004
  4. Madera-CA increased + 89.58% from 2001 to the end of 2004
  5. San-Diego-Carlsbad-San-Marcos-CA increased + 87.47% from 2001 to the end of 2004

For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

Zip Code in MSA: 36803 - OPELIKA, AL

MSA Pop: 119561
Zip Pop: 0
Avg Value: 0
County: LEE
Elev: 822
Region: South
Lat: 32.64498
Long: -85.37418