Appreciation for MSAs:.

Let's start by comparing Burlington, North Carolina 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 + 55.04% (+ 4.59% yearly) for the Burlington, North Carolina MSA.

The entire state of NC had + 59.59% appreciation (+ 4.97% yearly). The state average for North Carolina was higher than the real estate appreciation in the Burlington, North Carolina MSA. This means the conditions in the MSA for real estate investment were worse by + 8.28%.

Burlington-NC

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


If you want to learn more about fixing up and flipping property and Hard Money Rehab Loans check out Spec-Loan.com

If you were going to do a Elon, North Carolina Refinance, or Elon, North Carolina Reverse Mortgages, you could estimate your home value.

If you knew your Elon, North Carolina home was worth $95,000.00 in 1992, you could multiply by + 55.04%, add the gain and see the home should be worth $147,284.21 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Burlington-NC from 1992 to 2003:
+ 4.59%

Appreciation Comparisons

For a 12 year period, the top 5 performing MSAs of all time are Oxnard-Thousand-Oaks-Ventura-CA, Bridgeport-Stamford-Norwalk-CT, San-Jose-Sunnyvale-Santa-Clara-CA, Providence-New-Bedford-Fall-River-RI-MA, and San-Jose-Sunnyvale-Santa-Clara-CA .

  1. Oxnard-Thousand-Oaks-Ventura-CA increased +288.32% from 1977 thru 1988
  2. Bridgeport-Stamford-Norwalk-CT increased +284.24% from 1977 thru 1988
  3. San-Jose-Sunnyvale-Santa-Clara-CA increased +270.45% from 1977 thru 1988
  4. Providence-New-Bedford-Fall-River-RI-MA increased +269.41% from 1977 thru 1988
  5. San-Jose-Sunnyvale-Santa-Clara-CA increased +267.22% from 1978 thru 1989

The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .

  1. Midland-TX lost - 29.95% from 1982 to 1993
  2. Midland-TX lost - 27.35% from 1983 thru 1994
  3. Midland-TX lost - 18.42% from 1984 thru 1995
  4. Odessa-TX lost - 17.39% from 1984 thru 1995
  5. Lafayette-LA lost - 14.77% from 1982 thru 1993

Zip Code in MSA: 27244 - ELON, NC

MSA Pop: 136773
Zip Pop: 10762
Avg Value: 106000
County: ALAMANCE
Elev: 656
Region: South
Lat: 36.131463
Long: -79.508142