Real Estate Appreciation for Cheyenne, Wyoming: + 5.85%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Cheyenne, Wyoming did compared to the state as a whole.
The Cheyenne, Wyoming MSA property value change was + 5.85% (+ 2.93% yearly).
All of the property in WY averaged + 8.73% change in value (+ 4.36% yearly).
Cheyenne-WY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 101.18 | + 1.18% | + 4.72% |
| 1995 | 3 | 101.38 | + 0.20% | + 0.79% |
| 1995 | 4 | 104.58 | + 3.16% | + 12.63% |
| 1996 | 1 | 106.06 | + 1.42% | + 5.66% |
| 1996 | 2 | 106.55 | + 0.46% | + 1.85% |
| 1996 | 3 | 106.74 | + 0.18% | + 0.71% |
| 1996 | 4 | 105.85 | - 0.83% | - 3.34% |
There are a lot of ways to use the appreciation data for Cheyenne, Wyoming .
Lets look at Cheyenne, Wyoming, a city located in Cheyenne, Wyoming 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 Cheyenne, Wyoming check out Spec-Loan.com
If you were going to do a Cheyenne, Wyoming Refinance, or Cheyenne, Wyoming Reverse Mortgages, you could estimate your home value.
If you knew your Cheyenne, Wyoming home was worth $91,000.00 in 1995, you could multiply by + 5.85%, add the gain and see the home should be worth $96,323.50 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cheyenne-WY from 1995 to 1996:
+ 2.93%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1995 to 1996 were Honolulu-HI, Cumberland-MD-WV, Utica-Rome-NY, Binghamton-NY, and Madera-CA .
- Honolulu-HI decreased by - 7.92% between 1995 and 1996
- Cumberland-MD-WV decreased by - 4.44% between 1995 and 1996
- Utica-Rome-NY decreased by - 4.03% between 1995 and 1996
- Binghamton-NY decreased by - 3.46% between 1995 and 1996
- Madera-CA decreased by - 3.21% between 1995 and 1996
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 82001 - CHEYENNE, WY
MSA Pop: 84083Zip Pop: 34767
Avg Value: 94200
County: LARAMIE
Elev: 6062
Region: West
Lat: 41.141572
Long: -104.791325