Real Estate Appreciation for Burlington, North Carolina: + 19.07%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Burlington, North Carolina did compared to the state as a whole.
The Burlington, North Carolina MSA property value change was + 19.07% (+ 4.77% yearly).
All of the property in NC averaged + 19.85% change in value (+ 4.96% yearly).
Burlington-NC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 99.96 | - 0.04% | - 0.16% |
| 1995 | 3 | 102.2 | + 2.24% | + 8.96% |
| 1995 | 4 | 101.53 | - 0.66% | - 2.62% |
| 1996 | 1 | 105.58 | + 3.99% | + 15.96% |
| 1996 | 2 | 106.09 | + 0.48% | + 1.93% |
| 1996 | 3 | 107.38 | + 1.22% | + 4.86% |
| 1996 | 4 | 108.08 | + 0.65% | + 2.61% |
| 1997 | 1 | 109.39 | + 1.21% | + 4.85% |
| 1997 | 2 | 110.62 | + 1.12% | + 4.50% |
| 1997 | 3 | 110.9 | + 0.25% | + 1.01% |
| 1997 | 4 | 113.49 | + 2.34% | + 9.34% |
| 1998 | 1 | 115.61 | + 1.87% | + 7.47% |
| 1998 | 2 | 116.52 | + 0.79% | + 3.15% |
| 1998 | 3 | 117.84 | + 1.13% | + 4.53% |
| 1998 | 4 | 119.07 | + 1.04% | + 4.18% |
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 Burlington, North Carolina Refinance, or Burlington, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Burlington, North Carolina home was worth $93,000.00 in 1995, you could multiply by + 19.07%, add the gain and see the home should be worth $110,735.10 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Burlington-NC from 1995 to 1998:
+ 4.77%
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 .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- 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 .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 38.22% from 1995 to the end of 1998
- Bay-City-MI increased + 32.31% from 1995 to the end of 1998
- Jackson-MI increased + 31.57% from 1995 to the end of 1998
- Battle-Creek-MI increased + 30.77% from 1995 to the end of 1998
- Ogden-Clearfield-UT increased + 30.59% from 1995 to the end of 1998
Zip Code in MSA: 27215 - BURLINGTON, NC
MSA Pop: 136773Zip Pop: 33439
Avg Value: 121800
County: ALAMANCE
Elev: 656
Region: South
Lat: 36.03342
Long: -79.49088