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 + 50.29% (+ 5.03% yearly) between 1993 and the end of 2002.

The state of NC had + 51.69% total appreciation (+ 5.17% 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 + 2.78% faster than this MSA.

Charlotte-Gastonia-Concord-NC-SC

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation


Lets look at Monroe, North Carolina, a city located in Charlotte Gastonia Concord, North Carolina, South Carlina MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out 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 $95,000.00 in 1993, you could multiply by + 50.29%, add the gain and see the home should be worth $142,773.10 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 1993 to 2002:
+ 5.03%

Appreciation Comparisons

For a 10 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Riverside-San-Bernardino-Ontario-CA .

  1. Bridgeport-Stamford-Norwalk-CT increased +262.04% from 1977 thru 1986
  2. New-Haven-Milford-CT increased +251.93% from 1978 thru 1987
  3. Salinas-CA increased +251.06% from 1996 thru 2005
  4. Salinas-CA increased +247.53% from 1997 thru 2006
  5. Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 thru 2006

The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .

  1. Midland-TX lost - 34.73% from 1982 to 1991
  2. Midland-TX lost - 31.11% from 1983 thru 1992
  3. Lafayette-LA lost - 22.75% from 1982 thru 1991
  4. Midland-TX lost - 22.05% from 1984 thru 1993
  5. Lafayette-LA lost - 21.25% from 1983 thru 1992

Zip Code in MSA: 28111 - MONROE, NC

MSA Pop: 1437427
Zip Pop: 0
Avg Value: 0
County: UNION
Elev: 576
Region: South
Lat: 34.98522
Long: -80.5497