Real Estate Appreciation for Charleston North Charleston, South Carlina: + 42.46%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Charleston North Charleston, South Carlina did compared to the state as a whole.
The Charleston North Charleston, South Carlina MSA property value change was + 42.46% (+ 10.61% yearly).
All of the property in SC averaged + 20.81% change in value (+ 5.20% yearly).
Charleston-North-Charleston-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1999 | 1 | 131.22 | + 3.30% | + 13.19% |
| 1999 | 2 | 136.32 | + 3.89% | + 15.55% |
| 1999 | 3 | 140.01 | + 2.71% | + 10.83% |
| 1999 | 4 | 143.26 | + 2.32% | + 9.29% |
| 2000 | 1 | 146.81 | + 2.48% | + 9.91% |
| 2000 | 2 | 149.67 | + 1.95% | + 7.79% |
| 2000 | 3 | 153.91 | + 2.83% | + 11.33% |
| 2000 | 4 | 155.72 | + 1.18% | + 4.70% |
Some of the ways peope use our appreciation data for Charleston North Charleston, South Carlina include real estate investment .
Lets look at Charleston, South Carlina, a city located in Charleston North Charleston, South Carlina MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in South Carlina check out Spec-Loan.com
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 $97,000.00 in 1997, you could multiply by + 42.46%, add the gain and see the home should be worth $138,183.51 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charleston-North-Charleston-SC from 1997 to 2000:
+ 10.61%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 29402 - CHARLESTON, SC
MSA Pop: 571631Zip Pop: 0
Avg Value: 0
County: CHARLESTON
Elev: 118
Region: South
Lat: 32.7765
Long: -79.93052