Real Estate Appreciation for Lafayette, Lousiana: - 37.78%
Appreciation for MSAs:.
Let's start by comparing Lafayette, Lousiana to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of - 37.78% (- 6.30% yearly) for the Lafayette, Lousiana MSA.
The entire state of LA had - 7.66% appreciation (- 1.28% yearly).
The state average for Lousiana was higher than the real estate appreciation in the Lafayette, Lousiana MSA. This means the conditions in the MSA for real estate investment were worse by - 79.73%.
Lafayette-LA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1984-1987 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Lafayette, Lousiana .
Lets look at Lafayette, Lousiana, a city located in Lafayette, Lousiana 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 Lafayette, Lousiana check out Spec-Loan.com
If you were going to do a Lafayette, Lousiana Refinance, or Lafayette, Lousiana Reverse Mortgages, you could estimate your home value.
If you knew your Lafayette, Lousiana home was worth $69,000.00 in 1982, you could multiply by - 37.78%, add the gain and see the home should be worth $42,934.16 in 1987. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Lafayette-LA from 1982 to 1987:
- 6.30%
Appreciation Comparisons
The worst 5 MSAs from 1982 to 1987 were Lafayette-LA, Midland-TX, Grand-Junction-CO, Houston-Sugar-Land-Baytown-TX, and Anchorage-AK .
- Lafayette-LA decreased by - 37.78% between 1982 and 1987
- Midland-TX decreased by - 31.15% between 1982 and 1987
- Grand-Junction-CO decreased by - 27.49% between 1982 and 1987
- Houston-Sugar-Land-Baytown-TX decreased by - 23.37% between 1982 and 1987
- Anchorage-AK decreased by - 21.65% between 1982 and 1987
For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Merced-CA increased +172.57% from 2000 thru 2005
- Modesto-CA increased +166.23% from 2000 thru 2005
- Worcester-MA increased +164.50% from 1982 thru 1987
- Yuba-City-CA increased +164.17% from 2000 thru 2005
- San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981
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
Zip Code in MSA: 70505 - LAFAYETTE, LA
MSA Pop: 244150Zip Pop: 0
Avg Value: 0
County: LAFAYETTE
Elev: 40
Region: South
Lat: 30.229866
Long: -92.042766