Real Estate Appreciation for Cheyenne, Wyoming: + 23.49%
Appreciation for MSAs:.
Let's start by comparing Cheyenne, Wyoming to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 23.49% (+ 7.83% yearly) for the Cheyenne, Wyoming MSA.
The entire state of WY had + 23.79% appreciation (+ 7.93% yearly).
The state average for Wyoming was higher than the real estate appreciation in the Cheyenne, Wyoming MSA. This means the conditions in the MSA for real estate investment were worse by + 1.26%.
Cheyenne-WY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 134.37 | + 0.30% | + 1.19% |
| 2002 | 3 | 137.52 | + 2.34% | + 9.38% |
| 2002 | 4 | 139.32 | + 1.31% | + 5.24% |
| 2003 | 1 | 139.58 | + 0.19% | + 0.75% |
| 2003 | 2 | 144.34 | + 3.41% | + 13.64% |
| 2003 | 3 | 146.9 | + 1.77% | + 7.09% |
| 2003 | 4 | 149.15 | + 1.53% | + 6.13% |
| 2004 | 1 | 152.93 | + 2.53% | + 10.14% |
| 2004 | 2 | 156.77 | + 2.51% | + 10.04% |
| 2004 | 3 | 162.4 | + 3.59% | + 14.36% |
| 2004 | 4 | 165.44 | + 1.87% | + 7.49% |
Some of the ways peope use our appreciation data for Cheyenne, Wyoming include real estate investment .
Lets look at Cheyenne, Wyoming, a city located in Cheyenne, Wyoming MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $106,000.00 in 2002, you could multiply by + 23.49%, add the gain and see the home should be worth $130,899.75 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cheyenne-WY from 2002 to 2004:
+ 7.83%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2004 were Riverside-San-Bernardino-Ontario-CA, Fresno-CA, Madera-CA, Yuba-City-CA, and Bakersfield-CA .
- Riverside-San-Bernardino-Ontario-CA increased + 73.90% from 2002 to the end of 2004
- Fresno-CA increased + 73.13% from 2002 to the end of 2004
- Madera-CA increased + 71.44% from 2002 to the end of 2004
- Yuba-City-CA increased + 68.71% from 2002 to the end of 2004
- Bakersfield-CA increased + 67.56% from 2002 to the end of 2004
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