Appreciation for MSAs:.

Let's start by comparing Auburn Opelika, Alabama to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 17.83% (+ 5.94% yearly) for the Auburn Opelika, Alabama MSA.

The entire state of AL had + 12.21% appreciation (+ 4.07% yearly). The Auburn Opelika, Alabama MSA beat out the state. by + 46.05% appreciation.

Auburn-Opelika-AL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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 need information on Hard Money Rehab Loans in Opelika, Alabama look at 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 $106,000.00 in 2002, you could multiply by + 17.83%, add the gain and see the home should be worth $124,899.35 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Auburn-Opelika-AL from 2002 to 2004:
+ 5.94%

Appreciation Comparisons

The top 5 performing MSAs from 2002 to 2004 were Riverside-San-Bernardino-Ontario-CA, Fresno-CA, Madera-CA, Yuba-City-CA, and Bakersfield-CA .

  1. Riverside-San-Bernardino-Ontario-CA increased + 73.90% from 2002 to the end of 2004
  2. Fresno-CA increased + 73.13% from 2002 to the end of 2004
  3. Madera-CA increased + 71.44% from 2002 to the end of 2004
  4. Yuba-City-CA increased + 68.71% from 2002 to the end of 2004
  5. Bakersfield-CA increased + 67.56% from 2002 to the end of 2004

In contrast, the worst 5 MSAs from 2002 to 2004 were Jackson-TN, Ogden-Clearfield-UT, Austin-Round-Rock-TX, Lafayette-IN, and Burlington-NC .

  1. Jackson-TN only increased + 4.30% between 2002 and 2004
  2. Ogden-Clearfield-UT only increased + 4.40% between 2002 and 2004
  3. Austin-Round-Rock-TX only increased + 4.43% between 2002 and 2004
  4. Lafayette-IN only increased + 4.95% between 2002 and 2004
  5. Burlington-NC only increased + 5.39% between 2002 and 2004

Zip Code in MSA: 36802 - OPELIKA, AL

MSA Pop: 119561
Zip Pop: 0
Avg Value: 0
County: LEE
Elev: 822
Region: South
Lat: 32.59567
Long: -85.317939