Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Charleston North Charleston, South Carlina MSA appreciated + 5.35% (+ 1.78% yearly) between 1993 and the end of 1995.

The state of SC had + 9.56% total appreciation (+ 3.19% yearly). The state average for South Carlina was higher than the real estate appreciation in the Charleston North Charleston, South Carlina MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 78.81% faster than this MSA.

Charleston-North-Charleston-SC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1993 2 99.94 + 1.25% + 4.98%
1993 3 101.05 + 1.11% + 4.44%
1993 4 101.68 + 0.62% + 2.49%
1994 1 101.54 - 0.14% - 0.55%
1994 2 100.98 - 0.55% - 2.21%
1994 3 99.63 - 1.34% - 5.35%
1994 4 101.53 + 1.91% + 7.63%
1995 1 100 - 1.51% - 6.03%
1995 2 101.58 + 1.58% + 6.32%
1995 3 101.82 + 0.24% + 0.95%
1995 4 103.99 + 2.13% + 8.52%


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Charleston, South Carlina click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Charleston North Charleston, South Carlina.

If you were going to do a Charleston, South Carlina Refinance, or Charleston, South Carlina Reverse Mortgages, you could estimate your home value.

If you knew your Charleston, South Carlina home was worth $88,000.00 in 1993, you could multiply by + 5.35%, add the gain and see the home should be worth $92,707.12 in 1995. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charleston-North-Charleston-SC from 1993 to 1995:
+ 1.78%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Fort-Collins-Loveland-CO .

  1. Salt-Lake-City-UT increased + 44.61% from 1993 to the end of 1995
  2. Provo-Orem-UT increased + 44.36% from 1993 to the end of 1995
  3. Ogden-Clearfield-UT increased + 40.83% from 1993 to the end of 1995
  4. Logan-UT-ID increased + 36.47% from 1993 to the end of 1995
  5. Fort-Collins-Loveland-CO increased + 35.31% from 1993 to the end of 1995

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

Zip Code in MSA: 29401 - CHARLESTON, SC

MSA Pop: 571631
Zip Pop: 11250
Avg Value: 516600
County: CHARLESTON
Elev: 118
Region: South
Lat: 32.77864
Long: -79.937723