Real Estate Appreciation for Fayetteville, North Carolina: + 7.60%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Fayetteville, North Carolina did compared to the state as a whole.
The Fayetteville, North Carolina MSA property value change was + 7.60% (+ 1.90% yearly).
All of the property in NC averaged + 17.30% change in value (+ 4.33% yearly).
Fayetteville-NC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 105.61 | + 1.75% | + 7.01% |
| 1997 | 3 | 106.2 | + 0.56% | + 2.23% |
| 1997 | 4 | 107.93 | + 1.63% | + 6.52% |
| 1998 | 1 | 109.13 | + 1.11% | + 4.45% |
| 1998 | 2 | 107.94 | - 1.09% | - 4.36% |
| 1998 | 3 | 109.66 | + 1.59% | + 6.37% |
| 1998 | 4 | 109.52 | - 0.13% | - 0.51% |
| 1999 | 1 | 109.86 | + 0.31% | + 1.24% |
| 1999 | 2 | 109.85 | - 0.01% | - 0.04% |
| 1999 | 3 | 109.48 | - 0.34% | - 1.35% |
| 1999 | 4 | 107.75 | - 1.58% | - 6.32% |
| 2000 | 1 | 109.07 | + 1.23% | + 4.90% |
| 2000 | 2 | 109.29 | + 0.20% | + 0.81% |
| 2000 | 3 | 110.83 | + 1.41% | + 5.64% |
| 2000 | 4 | 111.68 | + 0.77% | + 3.07% |
Lets look at Fayetteville, North Carolina, a city located in Fayetteville, North Carolina MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Fayetteville, North Carolina Refinance, or Fayetteville, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Fayetteville, North Carolina home was worth $97,000.00 in 1997, you could multiply by + 7.60%, add the gain and see the home should be worth $104,373.83 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Fayetteville-NC from 1997 to 2000:
+ 1.90%
Appreciation Comparisons
The worst 5 MSAs from 1997 to 2000 were Honolulu-HI, Williamsport-PA, Buffalo-Niagara-Falls-NY, Lewiston-ID-WA, and Midland-TX .
- Honolulu-HI decreased by - 1.70% between 1997 and 2000
- Williamsport-PA only increased + 2.60% between 1997 and 2000
- Buffalo-Niagara-Falls-NY only increased + 3.06% between 1997 and 2000
- Lewiston-ID-WA only increased + 3.08% between 1997 and 2000
- Midland-TX only increased + 3.25% between 1997 and 2000
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 28301 - FAYETTEVILLE, NC
MSA Pop: 341596Zip Pop: 35152
Avg Value: 74600
County: CUMBERLAND
Elev: 100
Region: South
Lat: 35.066291
Long: -78.866574