Real Estate Appreciation for Lafayette, Lousiana: - 10.20%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Lafayette, Lousiana MSA appreciation it was - 10.20% (- 1.02% yearly) from 1984 to 1993.
During the same time period, LA had + 2.43% (+ 0.24% yearly).
From 1984 to 1993, Lousiana outperformed the individual Lafayette, Lousiana MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Lafayette-LA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1990-1993 Quarterly Detailed Appreciation
1987-1990 Quarterly Detailed Appreciation
1984-1987 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 $77,000.00 in 1984, you could multiply by - 10.20%, add the gain and see the home should be worth $69,146.15 in 1993. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Lafayette-LA from 1984 to 1993:
- 1.02%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1984 to 1993 were Midland-TX, Odessa-TX, Oklahoma-City-OK, Anchorage-AK, and Lafayette-LA .
- Midland-TX decreased by - 22.05% between 1984 and 1993
- Odessa-TX decreased by - 19.37% between 1984 and 1993
- Oklahoma-City-OK decreased by - 11.37% between 1984 and 1993
- Anchorage-AK decreased by - 10.79% between 1984 and 1993
- Lafayette-LA decreased by - 10.20% between 1984 and 1993
The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .
- Midland-TX lost - 34.73% from 1982 to 1991
- Midland-TX lost - 31.11% from 1983 thru 1992
- Lafayette-LA lost - 22.75% from 1982 thru 1991
- Midland-TX lost - 22.05% from 1984 thru 1993
- Lafayette-LA lost - 21.25% from 1983 thru 1992
Zip Code in MSA: 70509 - LAFAYETTE, LA
MSA Pop: 244150Zip Pop: 0
Avg Value: 0
County: LAFAYETTE
Elev: 40
Region: South
Lat: 30.23898
Long: -92.00748