Real Estate Appreciation for Casper, Wyoming: + 17.58%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Casper, Wyoming did compared to the state as a whole.
The Casper, Wyoming MSA property value change was + 17.58% (+ 4.40% yearly).
All of the property in WY averaged + 15.64% change in value (+ 3.91% yearly).
Casper-WY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 102.05 | + 2.05% | + 8.20% |
| 1995 | 3 | 103.15 | + 1.08% | + 4.31% |
| 1995 | 4 | 106.57 | + 3.32% | + 13.26% |
| 1996 | 1 | 108.36 | + 1.68% | + 6.72% |
| 1996 | 2 | 108.89 | + 0.49% | + 1.96% |
| 1996 | 3 | 110.24 | + 1.24% | + 4.96% |
| 1996 | 4 | 110.27 | + 0.03% | + 0.11% |
| 1997 | 1 | 110.72 | + 0.41% | + 1.63% |
| 1997 | 2 | 111.7 | + 0.89% | + 3.54% |
| 1997 | 3 | 111.07 | - 0.56% | - 2.26% |
| 1997 | 4 | 113.03 | + 1.76% | + 7.06% |
| 1998 | 1 | 115.18 | + 1.90% | + 7.61% |
| 1998 | 2 | 116.33 | + 1.00% | + 3.99% |
| 1998 | 3 | 117.61 | + 1.10% | + 4.40% |
| 1998 | 4 | 117.58 | - 0.03% | - 0.10% |
Lets look at Casper, Wyoming, a city located in Casper, Wyoming MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Casper, Wyoming Refinance, or Casper, Wyoming Reverse Mortgages, you could estimate your home value.
If you knew your Casper, Wyoming home was worth $93,000.00 in 1995, you could multiply by + 17.58%, add the gain and see the home should be worth $109,349.40 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Casper-WY from 1995 to 1998:
+ 4.40%
Appreciation Comparisons
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: 82602 - CASPER, WY
MSA Pop: 68211Zip Pop: 0
Avg Value: 0
County: NATRONA
Elev: 5122
Region: West
Lat: 42.845507
Long: -106.340192