Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Blacksburg Christiansburg Radford, Virginia did compared to the state as a whole.

The Blacksburg Christiansburg Radford, Virginia MSA property value change was + 16.07% (+ 4.02% yearly).

All of the property in VA averaged + 10.77% change in value (+ 2.69% yearly).

Blacksburg-Christiansburg-Radford-VA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1995 2 98.66 - 1.34% - 5.36%
1995 3 100.65 + 2.02% + 8.07%
1995 4 100.14 - 0.51% - 2.03%
1996 1 101 + 0.86% + 3.44%
1996 2 101.24 + 0.24% + 0.95%
1996 3 103.23 + 1.97% + 7.86%
1996 4 105.54 + 2.24% + 8.95%
1997 1 105.92 + 0.36% + 1.44%
1997 2 108.42 + 2.36% + 9.44%
1997 3 109.51 + 1.01% + 4.02%
1997 4 111.02 + 1.38% + 5.52%
1998 1 112.88 + 1.68% + 6.70%
1998 2 114.35 + 1.30% + 5.21%
1998 3 115.27 + 0.80% + 3.22%
1998 4 116.07 + 0.69% + 2.78%


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

If you knew your Blacksburg, VIrginia home was worth $93,000.00 in 1995, you could multiply by + 16.07%, add the gain and see the home should be worth $107,945.10 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Blacksburg-Christiansburg-Radford-VA from 1995 to 1998:
+ 4.02%

Appreciation Comparisons

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

The top 5 performing MSAs from 1995 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Battle-Creek-MI, and Ogden-Clearfield-UT .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 38.22% from 1995 to the end of 1998
  2. Bay-City-MI increased + 32.31% from 1995 to the end of 1998
  3. Jackson-MI increased + 31.57% from 1995 to the end of 1998
  4. Battle-Creek-MI increased + 30.77% from 1995 to the end of 1998
  5. Ogden-Clearfield-UT increased + 30.59% from 1995 to the end of 1998

Zip Code in MSA: 24061 - BLACKSBURG, VA

MSA Pop: 152606
Zip Pop: 0
Avg Value: 0
County: MONTGOMERY
Elev: 2007
Region: South
Lat: 37.255726
Long: -80.431498