Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Billings, Montana did compared to the state as a whole.

The Billings, Montana MSA property value change was + 36.56% (+ 4.57% yearly).

All of the property in MT averaged + 40.12% change in value (+ 5.01% yearly).

Billings-MT

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation


Lets look at Boyd, Montana, a city located in Billings, Montana MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

If you were going to do a Boyd, Montana Refinance, or Boyd, Montana Reverse Mortgages, you could estimate your home value.

If you knew your Boyd, Montana home was worth $97,000.00 in 1995, you could multiply by + 36.56%, add the gain and see the home should be worth $132,463.20 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Billings-MT from 1995 to 2002:
+ 4.57%

Appreciation Comparisons

The worst 5 MSAs from 1995 to 2002 were Honolulu-HI, Lawton-OK, Springfield-IL, El-Paso-TX, and Buffalo-Niagara-Falls-NY .

  1. Honolulu-HI only increased + 2.32% between 1995 and 2002
  2. Lawton-OK only increased + 15.76% between 1995 and 2002
  3. Springfield-IL only increased + 16.71% between 1995 and 2002
  4. El-Paso-TX only increased + 16.73% between 1995 and 2002
  5. Buffalo-Niagara-Falls-NY only increased + 18.01% between 1995 and 2002

For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .

  1. Salinas-CA increased +233.30% from 1998 thru 2005
  2. Springfield-MA increased +225.43% from 1981 thru 1988
  3. Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
  4. Salinas-CA increased +204.52% from 1999 thru 2006
  5. Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005

The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .

  1. Midland-TX lost - 34.76% from 1982 to 1989
  2. Midland-TX lost - 32.81% from 1983 thru 1990
  3. Casper-WY lost - 31.76% from 1983 thru 1990
  4. Lafayette-LA lost - 31.61% from 1981 thru 1988
  5. Lafayette-LA lost - 30.68% from 1982 thru 1989

Zip Code in MSA: 59013 - BOYD, MT

MSA Pop: 142961
Zip Pop: 203
Avg Value: 108900
County: CARBON
Elev: 5553
Region: West
Lat: 45.457778
Long: -109.065833