Real Estate Appreciation for Charleston, West Virginia: + 70.10%
Appreciation for MSAs:.
Let's start by comparing Charleston, West Virginia 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 + 70.10% (+ 5.01% yearly) for the Charleston, West Virginia MSA.
The entire state of WV had + 88.72% appreciation (+ 6.34% yearly).
The state average for West Virginia was higher than the real estate appreciation in the Charleston, West Virginia MSA. This means the conditions in the MSA for real estate investment were worse by + 26.57%.
Charleston-WV
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Blue Creek, West Virginia Refinance, or Blue Creek, West Virginia Reverse Mortgages, you could estimate your home value.
If you knew your Blue Creek, West Virginia home was worth $97,000.00 in 1992, you could multiply by + 70.10%, add the gain and see the home should be worth $164,997.54 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charleston-WV from 1992 to 2005:
+ 5.01%
Appreciation Comparisons
The top 5 performing MSAs from 1992 to 2005 were Salinas-CA, Medford-OR, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Fort-Walton-Beach-Crestview-Destin-FL, and Phoenix-Mesa-Scottdale-AZ .
- Salinas-CA increased +246.60% from 1992 to the end of 2005
- Medford-OR increased +224.65% from 1992 to the end of 2005
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +218.48% from 1992 to the end of 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased +202.40% from 1992 to the end of 2005
- Phoenix-Mesa-Scottdale-AZ increased +200.00% from 1992 to the end of 2005
In contrast, the worst 5 MSAs from 1992 to 2005 were Binghamton-NY, Rochester-NY, Elmira-NY, Utica-Rome-NY, and Syracuse-NY .
- Binghamton-NY only increased + 32.37% between 1992 and 2005
- Rochester-NY only increased + 32.70% between 1992 and 2005
- Elmira-NY only increased + 36.26% between 1992 and 2005
- Utica-Rome-NY only increased + 38.12% between 1992 and 2005
- Syracuse-NY only increased + 38.97% between 1992 and 2005
Zip Code in MSA: 25026 - BLUE CREEK, WV
MSA Pop: 306836Zip Pop: 0
Avg Value: 0
County: KANAWHA
Elev: 603
Region: South
Lat: 38.43627
Long: -81.461174