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 + 40.36% (+ 4.48% yearly).

All of the property in NC averaged + 49.51% change in value (+ 5.50% yearly).

Charlotte-Gastonia-Concord-NC-SC

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2002-2005 Quarterly Detailed Appreciation
1999-2002 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 $102,000.00 in 1997, you could multiply by + 40.36%, add the gain and see the home should be worth $143,166.21 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 1997 to 2005:
+ 4.48%

Appreciation Comparisons

The top 5 performing MSAs from 1997 to 2005 were Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, Merced-CA, and Vallejo-Fairfield-CA .

  1. Salinas-CA increased +251.65% from 1997 to the end of 2005
  2. San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 to the end of 2005
  3. Napa-CA increased +217.91% from 1997 to the end of 2005
  4. Merced-CA increased +217.12% from 1997 to the end of 2005
  5. Vallejo-Fairfield-CA increased +213.81% from 1997 to the end of 2005

Zip Code in MSA: 28110 - MONROE, NC

MSA Pop: 1437427
Zip Pop: 36515
Avg Value: 112300
County: UNION
Elev: 576
Region: South
Lat: 35.010258
Long: -80.549555