Appreciation for MSAs:.

Let's start by comparing Casper, Wyoming 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 + 32.13% (+ 10.71% yearly) for the Casper, Wyoming MSA.

The entire state of WY had + 23.79% appreciation (+ 7.93% yearly). The Casper, Wyoming MSA beat out the state. by + 35.09% appreciation.

Casper-WY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2002 2 142.44 + 2.32% + 9.28%
2002 3 147.85 + 3.80% + 15.19%
2002 4 147.39 - 0.31% - 1.24%
2003 1 149.24 + 1.26% + 5.02%
2003 2 152.09 + 1.91% + 7.64%
2003 3 156.93 + 3.18% + 12.73%
2003 4 161.07 + 2.64% + 10.55%
2004 1 164.18 + 1.93% + 7.72%
2004 2 168.92 + 2.89% + 11.55%
2004 3 180.1 + 6.62% + 26.47%
2004 4 183.94 + 2.13% + 8.53%


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 $106,000.00 in 2002, you could multiply by + 32.13%, add the gain and see the home should be worth $140,059.19 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Casper-WY from 2002 to 2004:
+ 10.71%

Appreciation Comparisons

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

The top 5 performing MSAs from 2002 to 2004 were Riverside-San-Bernardino-Ontario-CA, Fresno-CA, Madera-CA, Yuba-City-CA, and Bakersfield-CA .

  1. Riverside-San-Bernardino-Ontario-CA increased + 73.90% from 2002 to the end of 2004
  2. Fresno-CA increased + 73.13% from 2002 to the end of 2004
  3. Madera-CA increased + 71.44% from 2002 to the end of 2004
  4. Yuba-City-CA increased + 68.71% from 2002 to the end of 2004
  5. Bakersfield-CA increased + 67.56% from 2002 to the end of 2004

Zip Code in MSA: 82601 - CASPER, WY

MSA Pop: 68211
Zip Pop: 23230
Avg Value: 75700
County: NATRONA
Elev: 5122
Region: West
Lat: 42.840624
Long: -106.320876