Appreciation for MSAs:.

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

The Charlotte Gastonia Concord, North Carolina, South Carlina MSA appreciated + 46.81% (+ 5.20% yearly) between 1993 and the end of 2001.

The state of NC had + 46.99% total appreciation (+ 5.22% yearly). The state average for North Carolina was higher than the real estate appreciation in the Charlotte Gastonia Concord, North Carolina, 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 + 0.39% faster than this MSA.

Charlotte-Gastonia-Concord-NC-SC

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Charlotte-Gastonia-Concord-NC-SC here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in North Carolina, you can do some research at Spec-Loan.com.

If you were going to do a Monroe, North Carolina Refinance, or Monroe, North Carolina Reverse Mortgages, you could estimate your home value.

If you knew your Monroe, North Carolina home was worth $94,000.00 in 1993, you could multiply by + 46.81%, add the gain and see the home should be worth $137,997.44 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 1993 to 2001:
+ 5.20%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1993 to 2001 were Honolulu-HI, Binghamton-NY, Glens-Falls-NY, Utica-Rome-NY, and Albany-Schenectady-Troy-NY .

  1. Honolulu-HI decreased by - 5.78% between 1993 and 2001
  2. Binghamton-NY only increased + 5.82% between 1993 and 2001
  3. Glens-Falls-NY only increased + 6.79% between 1993 and 2001
  4. Utica-Rome-NY only increased + 7.04% between 1993 and 2001
  5. Albany-Schenectady-Troy-NY only increased + 7.30% between 1993 and 2001

The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .

  1. Midland-TX lost - 34.76% from 1982 to 1990
  2. Midland-TX lost - 32.77% from 1983 thru 1991
  3. Lafayette-LA lost - 26.59% from 1982 thru 1990
  4. Casper-WY lost - 26.42% from 1983 thru 1991
  5. Midland-TX lost - 25.57% from 1984 thru 1992

Zip Code in MSA: 28110 - MONROE, NC

MSA Pop: 1437427
Zip Pop: 36515
Avg Value: 112300
County: UNION
Elev: 576
Region: South
Lat: 35.010258
Long: -80.549555