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 + 79.61% (+ 9.95% yearly).

All of the property in VA averaged + 80.59% change in value (+ 10.07% yearly).

Charlottesville-VA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation


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 $101,000.00 in 1997, you could multiply by + 79.61%, add the gain and see the home should be worth $181,402.52 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlottesville-VA from 1997 to 2004:
+ 9.95%

Appreciation Comparisons

The top 5 performing MSAs from 1997 to 2004 were San-Diego-Carlsbad-San-Marcos-CA, Salinas-CA, Napa-CA, Barnstable-Town-MA, and San-Luis-Obispo-Paso-Robles-CA .

  1. San-Diego-Carlsbad-San-Marcos-CA increased +186.77% from 1997 to the end of 2004
  2. Salinas-CA increased +182.20% from 1997 to the end of 2004
  3. Napa-CA increased +169.41% from 1997 to the end of 2004
  4. Barnstable-Town-MA increased +166.30% from 1997 to the end of 2004
  5. San-Luis-Obispo-Paso-Robles-CA increased +164.73% from 1997 to the end of 2004

In contrast, the worst 5 MSAs from 1997 to 2004 were Ogden-Clearfield-UT, Columbus-IN, Springfield-IL, Lafayette-IN, and Provo-Orem-UT .

  1. Ogden-Clearfield-UT only increased + 18.92% between 1997 and 2004
  2. Columbus-IN only increased + 19.22% between 1997 and 2004
  3. Springfield-IL only increased + 19.59% between 1997 and 2004
  4. Lafayette-IN only increased + 20.80% between 1997 and 2004
  5. Provo-Orem-UT only increased + 22.07% between 1997 and 2004

Zip Code in MSA: 22903 - CHARLOTTESVILLE, VA

MSA Pop: 181631
Zip Pop: 37666
Avg Value: 146200
County: CHARLOTTESVILLE CITY
Elev: 480
Region: South
Lat: 38.034566
Long: -78.518013