Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Lafayette, Indiana MSA appreciation it was + 2.44% (+ 0.81% yearly) from 2004 to 2006.

During the same time period, IN had + 9.44% (+ 3.15% yearly). From 2004 to 2006, Indiana outperformed the individual Lafayette, Indiana MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Lafayette-IN

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2004 2 127.43 - 1.60% - 6.39%
2004 3 127.62 + 0.15% + 0.60%
2004 4 130.66 + 2.38% + 9.53%
2005 1 128.63 - 1.55% - 6.21%
2005 2 128.62 - 0.01% - 0.03%
2005 3 130.32 + 1.32% + 5.29%
2005 4 132.24 + 1.47% + 5.89%
2006 1 129.96 - 1.72% - 6.90%
2006 2 129.5 - 0.35% - 1.42%
2006 3 131.63 + 1.64% + 6.58%
2006 4 132.66 + 0.78% + 3.13%


There are a lot of ways to use the appreciation data for Lafayette, Indiana .

Lets look at Burlington, Indiana, a city located in Lafayette, Indiana MSA.

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Burlington, Indiana check out Spec-Loan.com

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

If you knew your Burlington, Indiana home was worth $110,000.00 in 2004, you could multiply by + 2.44%, add the gain and see the home should be worth $112,684.17 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Lafayette-IN from 2004 to 2006:
+ 0.81%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2004 to 2006 were Saginaw-Saginaw-Township-North-MI, Kokomo-IN, Anderson-IN, Muncie-IN, and Lafayette-IN .

  1. Saginaw-Saginaw-Township-North-MI only increased + 0.82% between 2004 and 2006
  2. Kokomo-IN only increased + 0.99% between 2004 and 2006
  3. Anderson-IN only increased + 2.08% between 2004 and 2006
  4. Muncie-IN only increased + 2.23% between 2004 and 2006
  5. Lafayette-IN only increased + 2.44% between 2004 and 2006

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 46915 - BURLINGTON, IN

MSA Pop: 184536
Zip Pop: 0
Avg Value: 0
County: CARROLL
Elev: 580
Region: Midwest
Lat: 40.4802
Long: -86.39472