Real Estate Appreciation for Burlington, North Carolina: + 28.41%
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 + 28.41% (+ 3.55% yearly).
All of the property in NC averaged + 37.90% change in value (+ 4.74% yearly).
Burlington-NC
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Burlington, North Carolina .
Lets look at Burlington, North Carolina, a city located in Burlington, North Carolina MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Burlington, North Carolina 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 $101,000.00 in 1997, you could multiply by + 28.41%, add the gain and see the home should be worth $129,696.22 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Burlington-NC from 1997 to 2004:
+ 3.55%
Appreciation Comparisons
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 .
- Salinas-CA increased +233.30% from 1998 thru 2005
- Springfield-MA increased +225.43% from 1981 thru 1988
- Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
- Salinas-CA increased +204.52% from 1999 thru 2006
- 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 .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
Zip Code in MSA: 27217 - BURLINGTON, NC
MSA Pop: 136773Zip Pop: 34264
Avg Value: 80400
County: ALAMANCE
Elev: 656
Region: South
Lat: 36.126959
Long: -79.415444