Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Charlottesville, Virginia did compared to the state as a whole.

The Charlottesville, Virginia MSA property value change was + 11.98% (+ 3.00% yearly).

All of the property in VA averaged + 10.77% change in value (+ 2.69% yearly).

Charlottesville-VA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1995 2 102.35 + 2.35% + 9.40%
1995 3 101.94 - 0.40% - 1.60%
1995 4 103.23 + 1.27% + 5.06%
1996 1 103.19 - 0.04% - 0.15%
1996 2 103.22 + 0.03% + 0.12%
1996 3 102.62 - 0.58% - 2.33%
1996 4 104.54 + 1.87% + 7.48%
1997 1 104.69 + 0.14% + 0.57%
1997 2 104.77 + 0.08% + 0.31%
1997 3 106.83 + 1.97% + 7.86%
1997 4 108.47 + 1.54% + 6.14%
1998 1 107.48 - 0.91% - 3.65%
1998 2 109.21 + 1.61% + 6.44%
1998 3 109.99 + 0.71% + 2.86%
1998 4 111.98 + 1.81% + 7.24%


If you need information on Hard Money Rehab Loans in Charlottesville, VIrginia look at Spec-Loan.com

If you were going to do a Charlottesville, VIrginia Refinance, or Charlottesville, VIrginia Reverse Mortgages, you could estimate your home value.

If you knew your Charlottesville, VIrginia home was worth $93,000.00 in 1995, you could multiply by + 11.98%, add the gain and see the home should be worth $104,141.40 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlottesville-VA from 1995 to 1998:
+ 3.00%

Appreciation Comparisons

The top 5 performing MSAs from 1995 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Battle-Creek-MI, and Ogden-Clearfield-UT .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 38.22% from 1995 to the end of 1998
  2. Bay-City-MI increased + 32.31% from 1995 to the end of 1998
  3. Jackson-MI increased + 31.57% from 1995 to the end of 1998
  4. Battle-Creek-MI increased + 30.77% from 1995 to the end of 1998
  5. Ogden-Clearfield-UT increased + 30.59% from 1995 to the end of 1998

Zip Code in MSA: 22901 - CHARLOTTESVILLE, VA

MSA Pop: 181631
Zip Pop: 30753
Avg Value: 163400
County: ALBEMARLE
Elev: 0
Region: South
Lat: 38.056523
Long: -78.495851