Real Estate Appreciation for Lafayette, Lousiana: - 40.40%
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 - 40.40% (- 5.77% yearly) for the Lafayette, Lousiana MSA.
The entire state of LA had - 11.34% appreciation (- 1.62% 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 - 71.92%.
Lafayette-LA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1985-1988 Quarterly Detailed Appreciation
1982-1985 Quarterly Detailed Appreciation
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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 $70,000.00 in 1982, you could multiply by - 40.40%, add the gain and see the home should be worth $41,723.11 in 1988. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Lafayette-LA from 1982 to 1988:
- 5.77%
Appreciation Comparisons
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
The top 5 performing MSAs from 1982 to 1988 were Providence-New-Bedford-Fall-River-RI-MA, Worcester-MA, Albany-Schenectady-Troy-NY, Bridgeport-Stamford-Norwalk-CT, and Allentown-Bethlehem-Easton-PA-NJ .
- Providence-New-Bedford-Fall-River-RI-MA increased +173.08% from 1982 to the end of 1988
- Worcester-MA increased +170.75% from 1982 to the end of 1988
- Albany-Schenectady-Troy-NY increased +128.19% from 1982 to the end of 1988
- Bridgeport-Stamford-Norwalk-CT increased +123.20% from 1982 to the end of 1988
- Allentown-Bethlehem-Easton-PA-NJ increased +115.22% from 1982 to the end of 1988
Zip Code in MSA: 70506 - LAFAYETTE, LA
MSA Pop: 244150Zip Pop: 36033
Avg Value: 93400
County: LAFAYETTE
Elev: 40
Region: South
Lat: 30.209085
Long: -92.064744