Real Estate Appreciation for Beaumont Port Arthur, Texas: + 24.35%
Appreciation for MSAs:.
Let's start by comparing Beaumont Port Arthur, Texas 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 + 24.35% (+ 3.04% yearly) for the Beaumont Port Arthur, Texas MSA.
The entire state of TX had + 27.26% appreciation (+ 3.41% yearly).
The state average for Texas was higher than the real estate appreciation in the Beaumont Port Arthur, Texas MSA. This means the conditions in the MSA for real estate investment were worse by + 11.97%.
Beaumont-Port-Arthur-TX
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Beaumont Port Arthur, Texas .
Lets look at Groves, Texas, a city located in Beaumont Port Arthur, Texas 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 Groves, Texas check out Spec-Loan.com
If you were going to do a Groves, Texas Refinance, or Groves, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Groves, Texas home was worth $91,000.00 in 1992, you could multiply by + 24.35%, add the gain and see the home should be worth $113,155.93 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Beaumont-Port-Arthur-TX from 1992 to 1999:
+ 3.04%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1992 to 1999 were Honolulu-HI, Bakersfield-CA, Binghamton-NY, Albany-Schenectady-Troy-NY, and Riverside-San-Bernardino-Ontario-CA .
- Honolulu-HI decreased by - 15.17% between 1992 and 1999
- Bakersfield-CA decreased by - 5.95% between 1992 and 1999
- Binghamton-NY decreased by - 4.68% between 1992 and 1999
- Albany-Schenectady-Troy-NY decreased by - 4.58% between 1992 and 1999
- Riverside-San-Bernardino-Ontario-CA decreased by - 3.65% between 1992 and 1999
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
Zip Code in MSA: 77619 - GROVES, TX
MSA Pop: 382629Zip Pop: 16498
Avg Value: 60400
County: JEFFERSON
Elev: 21
Region: South
Lat: 29.945135
Long: -93.916323