Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Charleston North Charleston, South Carlina MSA appreciation it was + 40.18% (+ 13.39% yearly) from 2004 to 2006.

During the same time period, SC had + 20.76% (+ 6.92% yearly). You can see that the Charleston North Charleston, South Carlina MSA experienced higher appreciation in this case.

Charleston-North-Charleston-SC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2004 2 191.45 + 1.44% + 5.76%
2004 3 201.3 + 5.14% + 20.58%
2004 4 206.4 + 2.53% + 10.13%
2005 1 215.08 + 4.21% + 16.82%
2005 2 223.47 + 3.90% + 15.60%
2005 3 232.74 + 4.15% + 16.59%
2005 4 243.74 + 4.73% + 18.91%
2006 1 250.11 + 2.61% + 10.45%
2006 2 260.61 + 4.20% + 16.79%
2006 3 264.56 + 1.52% + 6.06%


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 $110,000.00 in 2004, you could multiply by + 40.18%, add the gain and see the home should be worth $154,197.00 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charleston-North-Charleston-SC from 2004 to 2006:
+ 13.39%

Appreciation Comparisons

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