Real Estate Appreciation for Chico, California: + 4.27%
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 + 4.27% (+ 2.13% yearly).
All of the property in CA averaged + 14.27% change in value (+ 7.14% yearly).
Chico-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 102.47 | + 0.76% | + 3.03% |
| 1997 | 3 | 103.48 | + 0.99% | + 3.94% |
| 1997 | 4 | 103.98 | + 0.48% | + 1.93% |
| 1998 | 1 | 105.45 | + 1.41% | + 5.65% |
| 1998 | 2 | 104.77 | - 0.64% | - 2.58% |
| 1998 | 3 | 105.65 | + 0.84% | + 3.36% |
| 1998 | 4 | 106.04 | + 0.37% | + 1.48% |
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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 $95,000.00 in 1997, you could multiply by + 4.27%, add the gain and see the home should be worth $99,054.08 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Chico-CA from 1997 to 1998:
+ 2.13%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, San-Diego-Carlsbad-San-Marcos-CA, Gadsden-AL, and Waterloo-Cedar-Falls-IA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.79% from 1997 to the end of 1998
- Santa-Cruz-Watsonville-CA increased + 20.64% from 1997 to the end of 1998
- San-Diego-Carlsbad-San-Marcos-CA increased + 16.27% from 1997 to the end of 1998
- Gadsden-AL increased + 14.96% from 1997 to the end of 1998
- Waterloo-Cedar-Falls-IA increased + 13.76% from 1997 to the end of 1998
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
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