Real Estate Appreciation for Beaumont Port Arthur, Texas: + 41.77%
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 + 41.77% (+ 4.64% yearly).
All of the property in TX averaged + 49.21% change in value (+ 5.47% yearly).
Beaumont-Port-Arthur-TX
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 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 $102,000.00 in 1997, you could multiply by + 41.77%, add the gain and see the home should be worth $144,608.47 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Beaumont-Port-Arthur-TX from 1997 to 2005:
+ 4.64%
Appreciation Comparisons
For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +251.65% from 1997 thru 2005
- Salinas-CA increased +229.40% from 1998 thru 2006
- Springfield-MA increased +229.07% from 1981 thru 1989
- Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
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