Real Estate Appreciation for Jonesboro, Arkansas: + 16.76%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Jonesboro, Arkansas MSA appreciation it was + 16.76% (+ 2.79% yearly) from 2000 to 2005.
During the same time period, AR had + 35.05% (+ 5.84% yearly).
From 2000 to 2005, Arkansas outperformed the individual Jonesboro, Arkansas MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Jonesboro-AR
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
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If you were going to do a Jonesboro, Arkansas Refinance, or Jonesboro, Arkansas Reverse Mortgages, you could estimate your home value.
If you knew your Jonesboro, Arkansas home was worth $105,000.00 in 2000, you could multiply by + 16.76%, add the gain and see the home should be worth $122,598.20 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Jonesboro-AR from 2000 to 2005:
+ 2.79%
Appreciation Comparisons
The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .
- Lafayette-LA lost - 42.13% from 1983 to 1988
- Lafayette-LA lost - 37.78% from 1982 thru 1987
- Casper-WY lost - 37.50% from 1983 thru 1988
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
The top 5 performing MSAs from 2000 to 2005 were Merced-CA, Modesto-CA, Yuba-City-CA, Naples-Marco-Island-FL, and Salinas-CA .
- Merced-CA increased +172.57% from 2000 to the end of 2005
- Modesto-CA increased +166.23% from 2000 to the end of 2005
- Yuba-City-CA increased +164.17% from 2000 to the end of 2005
- Naples-Marco-Island-FL increased +160.43% from 2000 to the end of 2005
- Salinas-CA increased +160.00% from 2000 to the end of 2005
Zip Code in MSA: 72401 - JONESBORO, AR
MSA Pop: 110041Zip Pop: 47422
Avg Value: 77000
County: CRAIGHEAD
Elev: 302
Region: South
Lat: 35.82751
Long: -90.697191