Appreciation for MSAs:.

Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.

  • Charleston North Charleston, South Carlina: + 20.30%
  • State of SC: + 13.74%
  • Difference: + 47.83%

Charleston-North-Charleston-SC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1996 2 106.21 + 0.59% + 2.35%
1996 3 106.47 + 0.24% + 0.98%
1996 4 109.19 + 2.55% + 10.22%
1997 1 109.31 + 0.11% + 0.44%
1997 2 111.72 + 2.20% + 8.82%
1997 3 114.33 + 2.34% + 9.34%
1997 4 116.15 + 1.59% + 6.37%
1998 1 117.42 + 1.09% + 4.37%
1998 2 120.1 + 2.28% + 9.13%
1998 3 124.61 + 3.76% + 15.02%
1998 4 127.03 + 1.94% + 7.77%


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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 $94,000.00 in 1996, you could multiply by + 20.30%, add the gain and see the home should be worth $113,086.66 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charleston-North-Charleston-SC from 1996 to 1998:
+ 6.77%

Appreciation Comparisons

The worst 5 MSAs from 1996 to 1998 were Honolulu-HI, Buffalo-Niagara-Falls-NY, Albany-Schenectady-Troy-NY, Utica-Rome-NY, and El-Paso-TX .

  1. Honolulu-HI decreased by - 11.67% between 1996 and 1998
  2. Buffalo-Niagara-Falls-NY decreased by - 0.04% between 1996 and 1998
  3. Albany-Schenectady-Troy-NY only increased + 0.13% between 1996 and 1998
  4. Utica-Rome-NY only increased + 0.29% between 1996 and 1998
  5. El-Paso-TX only increased + 0.32% between 1996 and 1998

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: 29401 - CHARLESTON, SC

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