Real Estate Appreciation for Charlotte Gastonia Concord, North Carolina, South Carlina: + 47.80%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Charlotte Gastonia Concord, North Carolina, South Carlina: + 47.80%
- State of NC: + 55.73%
- Difference: - 14.22%
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
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 $101,000.00 in 1996, you could multiply by + 47.80%, add the gain and see the home should be worth $149,282.05 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 1996 to 2005:
+ 4.78%
Appreciation Comparisons
The top 5 performing MSAs from 1996 to 2005 were Salinas-CA, Napa-CA, San-Diego-Carlsbad-San-Marcos-CA, San-Luis-Obispo-Paso-Robles-CA, and Merced-CA .
- Salinas-CA increased +251.06% from 1996 to the end of 2005
- Napa-CA increased +216.57% from 1996 to the end of 2005
- San-Diego-Carlsbad-San-Marcos-CA increased +216.46% from 1996 to the end of 2005
- San-Luis-Obispo-Paso-Robles-CA increased +211.88% from 1996 to the end of 2005
- Merced-CA increased +208.10% from 1996 to the end of 2005
In contrast, the worst 5 MSAs from 1996 to 2005 were Florence-Muscle-Shoals-AL, Springfield-IL, Lafayette-IN, Columbus-IN, and Fayetteville-NC .
- Florence-Muscle-Shoals-AL only increased + 24.39% between 1996 and 2005
- Springfield-IL only increased + 25.14% between 1996 and 2005
- Lafayette-IN only increased + 25.82% between 1996 and 2005
- Columbus-IN only increased + 26.95% between 1996 and 2005
- Fayetteville-NC only increased + 29.59% between 1996 and 2005
Zip Code in MSA: 28111 - MONROE, NC
MSA Pop: 1437427Zip Pop: 0
Avg Value: 0
County: UNION
Elev: 576
Region: South
Lat: 34.98522
Long: -80.5497