Real Estate Appreciation for Charlotte Gastonia Concord, North Carolina, South Carlina: + 57.16%
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 + 57.16% (+ 5.20% yearly).
All of the property in NC averaged + 64.40% change in value (+ 5.85% yearly).
Charlotte-Gastonia-Concord-NC-SC
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
There are a lot of ways to use the appreciation data for Charlotte Gastonia Concord, North Carolina, South Carlina .
Lets look at Monroe, North Carolina, a city located in Charlotte Gastonia Concord, North Carolina, South Carlina MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Monroe, North Carolina 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 $100,000.00 in 1995, you could multiply by + 57.16%, add the gain and see the home should be worth $157,160.00 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 1995 to 2005:
+ 5.20%
Appreciation Comparisons
The worst 5 MSAs from 1995 to 2005 were Springfield-IL, Lafayette-IN, Fayetteville-NC, Columbus-IN, and Florence-Muscle-Shoals-AL .
- Springfield-IL only increased + 29.78% between 1995 and 2005
- Lafayette-IN only increased + 32.24% between 1995 and 2005
- Fayetteville-NC only increased + 34.66% between 1995 and 2005
- Columbus-IN only increased + 34.69% between 1995 and 2005
- Florence-Muscle-Shoals-AL only increased + 35.09% between 1995 and 2005
For a 11 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Providence-New-Bedford-Fall-River-RI-MA .
- Bridgeport-Stamford-Norwalk-CT increased +291.00% from 1977 thru 1987
- New-Haven-Milford-CT increased +263.57% from 1978 thru 1988
- Salinas-CA increased +257.03% from 1995 thru 2005
- Salinas-CA increased +246.95% from 1996 thru 2006
- Providence-New-Bedford-Fall-River-RI-MA increased +246.07% from 1977 thru 1987
The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 33.11% from 1982 to 1992
- Midland-TX lost - 27.85% from 1983 thru 1993
- Midland-TX lost - 21.51% from 1984 thru 1994
- Odessa-TX lost - 21.17% from 1984 thru 1994
- Lafayette-LA lost - 18.88% from 1982 thru 1992
Zip Code in MSA: 28112 - MONROE, NC
MSA Pop: 1437427Zip Pop: 22714
Avg Value: 112000
County: UNION
Elev: 576
Region: South
Lat: 34.938305
Long: -80.541256