Real Estate Appreciation for Beaumont Port Arthur, Texas: + 7.96%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Beaumont Port Arthur, Texas did compared to the state as a whole.
The Beaumont Port Arthur, Texas MSA property value change was + 7.96% (+ 3.98% yearly).
All of the property in TX averaged + 8.09% change in value (+ 4.04% yearly).
Beaumont-Port-Arthur-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 107.2 | + 3.63% | + 14.54% |
| 1997 | 3 | 107.09 | - 0.10% | - 0.41% |
| 1997 | 4 | 108.2 | + 1.04% | + 4.15% |
| 1998 | 1 | 110.29 | + 1.93% | + 7.73% |
| 1998 | 2 | 110.81 | + 0.47% | + 1.89% |
| 1998 | 3 | 110.63 | - 0.16% | - 0.65% |
| 1998 | 4 | 111.67 | + 0.94% | + 3.76% |
If you need information on Hard Money Rehab Loans in Thicket, Texas look at Spec-Loan.com
If you were going to do a Thicket, Texas Refinance, or Thicket, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Thicket, Texas home was worth $95,000.00 in 1997, you could multiply by + 7.96%, add the gain and see the home should be worth $102,558.49 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Beaumont-Port-Arthur-TX from 1997 to 1998:
+ 3.98%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, San-Diego-Carlsbad-San-Marcos-CA, Gadsden-AL, and Waterloo-Cedar-Falls-IA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.79% from 1997 to the end of 1998
- Santa-Cruz-Watsonville-CA increased + 20.64% from 1997 to the end of 1998
- San-Diego-Carlsbad-San-Marcos-CA increased + 16.27% from 1997 to the end of 1998
- Gadsden-AL increased + 14.96% from 1997 to the end of 1998
- Waterloo-Cedar-Falls-IA increased + 13.76% from 1997 to the end of 1998
In contrast, the worst 5 MSAs from 1997 to 1998 were Honolulu-HI, Williamsport-PA, Ithaca-NY, Utica-Rome-NY, and Pittsfield-MA .
- Honolulu-HI decreased by - 3.48% between 1997 and 1998
- Williamsport-PA decreased by - 0.05% between 1997 and 1998
- Ithaca-NY only increased + 1.04% between 1997 and 1998
- Utica-Rome-NY only increased + 1.56% between 1997 and 1998
- Pittsfield-MA only increased + 2.16% between 1997 and 1998
Zip Code in MSA: 77374 - THICKET, TX
MSA Pop: 382629Zip Pop: 393
Avg Value: 44200
County: HARDIN
Elev: 85
Region: South
Lat: 30.395556
Long: -94.63