Appreciation for MSAs:.

Let's start by comparing Blacksburg Christiansburg Radford, Virginia 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 + 87.02% (+ 6.69% yearly) for the Blacksburg Christiansburg Radford, Virginia MSA.

The entire state of VA had + 92.54% appreciation (+ 7.12% yearly). The state average for VIrginia was higher than the real estate appreciation in the Blacksburg Christiansburg Radford, Virginia MSA. This means the conditions in the MSA for real estate investment were worse by + 6.34%.

Blacksburg-Christiansburg-Radford-VA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
1992-1995 Quarterly Detailed Appreciation


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Blacksburg-Christiansburg-Radford-VA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in VIrginia, you can do some research at Spec-Loan.com.

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

If you knew your Christiansburg, VIrginia home was worth $96,000.00 in 1992, you could multiply by + 87.02%, add the gain and see the home should be worth $179,536.88 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Blacksburg-Christiansburg-Radford-VA from 1992 to 2004:
+ 6.69%

Appreciation Comparisons

For a 13 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Oxnard-Thousand-Oaks-Ventura-CA, Honolulu-HI, and Santa-Rosa-Petaluma-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased +365.89% from 1977 thru 1989
  2. San-Jose-Sunnyvale-Santa-Clara-CA increased +354.74% from 1976 thru 1988
  3. Oxnard-Thousand-Oaks-Ventura-CA increased +346.24% from 1977 thru 1989
  4. Honolulu-HI increased +322.63% from 1978 thru 1990
  5. Santa-Rosa-Petaluma-CA increased +285.59% from 1977 thru 1989

The worst perfoming MSAs ever for a 13 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Odessa-TX .

  1. Midland-TX lost - 29.46% from 1982 to 1994
  2. Midland-TX lost - 24.49% from 1983 thru 1995
  3. Midland-TX lost - 18.51% from 1984 thru 1996
  4. Odessa-TX lost - 15.99% from 1984 thru 1996
  5. Odessa-TX lost - 10.08% from 1985 thru 1997

Zip Code in MSA: 24073 - CHRISTIANSBURG, VA

MSA Pop: 152606
Zip Pop: 25200
Avg Value: 93900
County: MONTGOMERY
Elev: 2007
Region: South
Lat: 37.136618
Long: -80.403829