Real Estate Appreciation for Charlotte Gastonia Concord, North Carolina, South Carlina: + 10.67%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Charlotte Gastonia Concord, North Carolina, South Carlina did compared to the state as a whole.
The Charlotte Gastonia Concord, North Carolina, South Carlina MSA property value change was + 10.67% (+ 5.34% yearly).
All of the property in NC averaged + 8.68% change in value (+ 4.34% yearly).
Charlotte-Gastonia-Concord-NC-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 101.69 | + 1.69% | + 6.76% |
| 1995 | 3 | 103.65 | + 1.93% | + 7.71% |
| 1995 | 4 | 104.62 | + 0.94% | + 3.74% |
| 1996 | 1 | 106.33 | + 1.63% | + 6.54% |
| 1996 | 2 | 107.95 | + 1.52% | + 6.09% |
| 1996 | 3 | 109.78 | + 1.70% | + 6.78% |
| 1996 | 4 | 110.67 | + 0.81% | + 3.24% |
Some of the ways peope use our appreciation data for Charlotte Gastonia Concord, North Carolina, South Carlina include real estate investment .
Lets look at Indian Trail, North Carolina, a city located in Charlotte Gastonia Concord, North Carolina, 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 North Carolina check out Spec-Loan.com
If you were going to do a Indian Trail, North Carolina Refinance, or Indian Trail, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Indian Trail, North Carolina home was worth $91,000.00 in 1995, you could multiply by + 10.67%, add the gain and see the home should be worth $100,709.70 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 1995 to 1996:
+ 5.34%
Appreciation Comparisons
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
The top 5 performing MSAs from 1995 to 1996 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Pittsfield-MA, Danville-IL, and Bay-City-MI .
- Salt-Lake-City-UT increased + 17.55% from 1995 to the end of 1996
- Ogden-Clearfield-UT increased + 17.36% from 1995 to the end of 1996
- Pittsfield-MA increased + 17.05% from 1995 to the end of 1996
- Danville-IL increased + 16.75% from 1995 to the end of 1996
- Bay-City-MI increased + 16.66% from 1995 to the end of 1996
Zip Code in MSA: 28079 - INDIAN TRAIL, NC
MSA Pop: 1437427Zip Pop: 11315
Avg Value: 124900
County: UNION
Elev: 576
Region: South
Lat: 35.097816
Long: -80.629431