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 + 26.06% (+ 4.34% yearly).

All of the property in NC averaged + 27.17% change in value (+ 4.53% yearly).

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


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Charlotte-Gastonia-Concord-NC-SC here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in North Carolina, you can do some research at 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 $99,000.00 in 1997, you could multiply by + 26.06%, add the gain and see the home should be worth $124,799.95 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 1997 to 2002:
+ 4.34%

Appreciation Comparisons

The worst 5 MSAs from 1997 to 2002 were Lewiston-ID-WA, Springfield-IL, Williamsport-PA, Midland-TX, and Wenatchee-WA .

  1. Lewiston-ID-WA only increased + 9.69% between 1997 and 2002
  2. Springfield-IL only increased + 10.64% between 1997 and 2002
  3. Williamsport-PA only increased + 12.13% between 1997 and 2002
  4. Midland-TX only increased + 12.35% between 1997 and 2002
  5. Wenatchee-WA only increased + 12.35% between 1997 and 2002

For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .

  1. Merced-CA increased +172.57% from 2000 thru 2005
  2. Modesto-CA increased +166.23% from 2000 thru 2005
  3. Worcester-MA increased +164.50% from 1982 thru 1987
  4. Yuba-City-CA increased +164.17% from 2000 thru 2005
  5. San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981

The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .

  1. Lafayette-LA lost - 42.13% from 1983 to 1988
  2. Lafayette-LA lost - 37.78% from 1982 thru 1987
  3. Casper-WY lost - 37.50% from 1983 thru 1988
  4. Anchorage-AK lost - 33.17% from 1984 thru 1989
  5. Midland-TX lost - 31.15% from 1982 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