Real Estate Appreciation for Chico, California: + 0.62%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Chico, California did compared to the state as a whole.
The Chico, California MSA property value change was + 0.62% (+ 0.31% yearly).
All of the property in CA averaged + 0.96% change in value (+ 0.48% yearly).
Chico-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 102.04 | + 2.04% | + 8.16% |
| 1995 | 3 | 102.35 | + 0.30% | + 1.22% |
| 1995 | 4 | 101.93 | - 0.41% | - 1.64% |
| 1996 | 1 | 103.66 | + 1.70% | + 6.79% |
| 1996 | 2 | 101.67 | - 1.92% | - 7.68% |
| 1996 | 3 | 100.39 | - 1.26% | - 5.04% |
| 1996 | 4 | 100.62 | + 0.23% | + 0.92% |
Some of the ways peope use our appreciation data for Chico, California include real estate investment .
Lets look at Bangor, California, a city located in Chico, California 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 California check out Spec-Loan.com
If you were going to do a Bangor, California Refinance, or Bangor, California Reverse Mortgages, you could estimate your home value.
If you knew your Bangor, California home was worth $91,000.00 in 1995, you could multiply by + 0.62%, add the gain and see the home should be worth $91,564.20 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Chico-CA from 1995 to 1996:
+ 0.31%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 1996 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Pittsfield-MA, Danville-IL, and Bay-City-MI .
- Salt-Lake-City-UT increased + 17.55% from 1995 to the end of 1996
- Ogden-Clearfield-UT increased + 17.36% from 1995 to the end of 1996
- Pittsfield-MA increased + 17.05% from 1995 to the end of 1996
- Danville-IL increased + 16.75% from 1995 to the end of 1996
- Bay-City-MI increased + 16.66% from 1995 to the end of 1996
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
Zip Code in MSA: 95914 - BANGOR, CA
MSA Pop: 211010Zip Pop: 610
Avg Value: 130500
County: BUTTE
Elev: 174
Region: West
Lat: 39.407258
Long: -121.389825