Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Blacksburg Christiansburg Radford, Virginia MSA appreciated + 71.13% (+ 8.89% yearly) for the period between 1999 and the end of 2006.

The state had +115.89% total appreciation (+ 14.49% yearly). The state average for VIrginia was higher than the real estate appreciation in the Blacksburg Christiansburg Radford, Virginia MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 62.93% faster than this MSA.

Blacksburg-Christiansburg-Radford-VA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 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 $105,000.00 in 1999, you could multiply by + 71.13%, add the gain and see the home should be worth $179,681.57 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Blacksburg-Christiansburg-Radford-VA from 1999 to 2006:
+ 8.89%

Appreciation Comparisons

The worst 5 MSAs from 1999 to 2006 were Kokomo-IN, Lafayette-IN, Anderson-IN, Muncie-IN, and Sioux-City-IA-NE-SD .

  1. Kokomo-IN only increased + 14.46% between 1999 and 2006
  2. Lafayette-IN only increased + 14.84% between 1999 and 2006
  3. Anderson-IN only increased + 19.94% between 1999 and 2006
  4. Muncie-IN only increased + 20.82% between 1999 and 2006
  5. Sioux-City-IA-NE-SD only increased + 21.59% between 1999 and 2006

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: 24068 - CHRISTIANSBURG, VA

MSA Pop: 152606
Zip Pop: 0
Avg Value: 0
County: MONTGOMERY
Elev: 2007
Region: South
Lat: 37.142633
Long: -80.399558