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 + 17.90% (+ 4.47% yearly).

All of the property in NC averaged + 17.30% change in value (+ 4.33% yearly).

Charlotte-Gastonia-Concord-NC-SC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 114.05 + 1.86% + 7.43%
1997 3 115.11 + 0.93% + 3.72%
1997 4 116.97 + 1.62% + 6.46%
1998 1 118.95 + 1.69% + 6.77%
1998 2 119.59 + 0.54% + 2.15%
1998 3 121.55 + 1.64% + 6.56%
1998 4 122.45 + 0.74% + 2.96%
1999 1 124.05 + 1.31% + 5.23%
1999 2 125.2 + 0.93% + 3.71%
1999 3 125.97 + 0.62% + 2.46%
1999 4 126.88 + 0.72% + 2.89%
2000 1 127.43 + 0.43% + 1.73%
2000 2 129.26 + 1.44% + 5.74%
2000 3 130.2 + 0.73% + 2.91%
2000 4 132.01 + 1.39% + 5.56%


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 $97,000.00 in 1997, you could multiply by + 17.90%, add the gain and see the home should be worth $114,360.72 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 1997 to 2000:
+ 4.47%

Appreciation Comparisons

The worst 5 MSAs from 1997 to 2000 were Honolulu-HI, Williamsport-PA, Buffalo-Niagara-Falls-NY, Lewiston-ID-WA, and Midland-TX .

  1. Honolulu-HI decreased by - 1.70% between 1997 and 2000
  2. Williamsport-PA only increased + 2.60% between 1997 and 2000
  3. Buffalo-Niagara-Falls-NY only increased + 3.06% between 1997 and 2000
  4. Lewiston-ID-WA only increased + 3.08% between 1997 and 2000
  5. Midland-TX only increased + 3.25% between 1997 and 2000

For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 28079 - INDIAN TRAIL, NC

MSA Pop: 1437427
Zip Pop: 11315
Avg Value: 124900
County: UNION
Elev: 576
Region: South
Lat: 35.097816
Long: -80.629431