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 + 11.11% (+ 3.70% yearly).

All of the property in NC averaged + 12.22% change in value (+ 4.07% yearly).

Burlington-NC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
1999 1 121.01 + 1.63% + 6.52%
1999 2 120.16 - 0.70% - 2.81%
1999 3 120.2 + 0.03% + 0.13%
1999 4 121.54 + 1.11% + 4.46%


Some of the ways peope use our appreciation data for Burlington, North Carolina include real estate investment .

Lets look at Altamahaw, North Carolina, a city located in Burlington, North Carolina 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 North Carolina check out Spec-Loan.com

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

If you knew your Altamahaw, North Carolina home was worth $96,000.00 in 1997, you could multiply by + 11.11%, add the gain and see the home should be worth $106,662.77 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Burlington-NC from 1997 to 1999:
+ 3.70%

Appreciation Comparisons

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 27202 - ALTAMAHAW, NC

MSA Pop: 136773
Zip Pop: 24
Avg Value: 45000
County: ALAMANCE
Elev: 656
Region: South
Lat: 36.186466
Long: -79.505991