Real Estate Appreciation for Beaumont Port Arthur, Texas: + 37.73%
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 + 37.73% (+ 4.72% yearly).
All of the property in TX averaged + 41.23% change in value (+ 5.15% yearly).
Beaumont-Port-Arthur-TX
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 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 $101,000.00 in 1997, you could multiply by + 37.73%, add the gain and see the home should be worth $139,109.34 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Beaumont-Port-Arthur-TX from 1997 to 2004:
+ 4.72%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1997 to 2004 were Ogden-Clearfield-UT, Columbus-IN, Springfield-IL, Lafayette-IN, and Provo-Orem-UT .
- Ogden-Clearfield-UT only increased + 18.92% between 1997 and 2004
- Columbus-IN only increased + 19.22% between 1997 and 2004
- Springfield-IL only increased + 19.59% between 1997 and 2004
- Lafayette-IN only increased + 20.80% between 1997 and 2004
- Provo-Orem-UT only increased + 22.07% between 1997 and 2004
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