Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Gadsden, Alabama did compared to the state as a whole.

The Gadsden, Alabama MSA property value change was + 14.96% (+ 7.48% yearly).

All of the property in AL averaged + 8.82% change in value (+ 4.41% yearly).

Gadsden-AL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 118.56 + 4.90% + 19.61%
1997 3 118.94 + 0.32% + 1.28%
1997 4 120.46 + 1.28% + 5.11%
1998 1 124.86 + 3.65% + 14.61%
1998 2 126.96 + 1.68% + 6.73%
1998 3 127.59 + 0.50% + 1.98%
1998 4 129.93 + 1.83% + 7.34%


Some of the ways peope use our appreciation data for Gadsden, Alabama include real estate investment .

Lets look at Gadsden, Alabama, a city located in Gadsden, Alabama 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 Alabama check out Spec-Loan.com

If you were going to do a Gadsden, Alabama Refinance, or Gadsden, Alabama Reverse Mortgages, you could estimate your home value.

If you knew your Gadsden, Alabama home was worth $95,000.00 in 1997, you could multiply by + 14.96%, add the gain and see the home should be worth $109,213.86 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Gadsden-AL from 1997 to 1998:
+ 7.48%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1997 to 1998 were Honolulu-HI, Williamsport-PA, Ithaca-NY, Utica-Rome-NY, and Pittsfield-MA .

  1. Honolulu-HI decreased by - 3.48% between 1997 and 1998
  2. Williamsport-PA decreased by - 0.05% between 1997 and 1998
  3. Ithaca-NY only increased + 1.04% between 1997 and 1998
  4. Utica-Rome-NY only increased + 1.56% between 1997 and 1998
  5. Pittsfield-MA only increased + 2.16% between 1997 and 1998

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 35901 - GADSDEN, AL

MSA Pop: 103035
Zip Pop: 20516
Avg Value: 66200
County: ETOWAH
Elev: 554
Region: South
Lat: 34.00824
Long: -85.94424