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 +111.37% (+ 7.96% yearly) for the Blacksburg Christiansburg Radford, Virginia MSA.

The entire state of VA had +131.11% appreciation (+ 9.36% 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 + 17.72%.

Blacksburg-Christiansburg-Radford-VA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation


Some of the ways peope use our appreciation data for Blacksburg Christiansburg Radford, Virginia include real estate investment .

Lets look at Christiansburg, VIrginia, a city located in Blacksburg Christiansburg Radford, Virginia MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in VIrginia check out 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 $97,000.00 in 1992, you could multiply by +111.37%, add the gain and see the home should be worth $205,031.29 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Blacksburg-Christiansburg-Radford-VA from 1992 to 2005:
+ 7.96%

Appreciation Comparisons

The worst 5 MSAs from 1992 to 2005 were Binghamton-NY, Rochester-NY, Elmira-NY, Utica-Rome-NY, and Syracuse-NY .

  1. Binghamton-NY only increased + 32.37% between 1992 and 2005
  2. Rochester-NY only increased + 32.70% between 1992 and 2005
  3. Elmira-NY only increased + 36.26% between 1992 and 2005
  4. Utica-Rome-NY only increased + 38.12% between 1992 and 2005
  5. Syracuse-NY only increased + 38.97% between 1992 and 2005

For a 14 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Honolulu-HI, San-Jose-Sunnyvale-Santa-Clara-CA, Oxnard-Thousand-Oaks-Ventura-CA, and Santa-Rosa-Petaluma-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased +471.91% from 1976 thru 1989
  2. Honolulu-HI increased +338.44% from 1978 thru 1991
  3. San-Jose-Sunnyvale-Santa-Clara-CA increased +337.52% from 1977 thru 1990
  4. Oxnard-Thousand-Oaks-Ventura-CA increased +325.36% from 1977 thru 1990
  5. Santa-Rosa-Petaluma-CA increased +309.66% from 1977 thru 1990

The worst perfoming MSAs ever for a 14 year period, were Midland-TX, Midland-TX, Odessa-TX, Midland-TX, and Midland-TX .

  1. Midland-TX lost - 26.68% from 1982 to 1995
  2. Midland-TX lost - 24.58% from 1983 thru 1996
  3. Odessa-TX lost - 17.25% from 1984 thru 1997
  4. Midland-TX lost - 13.75% from 1984 thru 1997
  5. Midland-TX lost - 6.03% from 1986 thru 1999

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