Real Estate Appreciation for Lafayette, Lousiana: - 31.84%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Lafayette, Lousiana did compared to the state as a whole.
The Lafayette, Lousiana MSA property value change was - 31.84% (- 10.61% yearly).
All of the property in LA averaged - 6.43% change in value (- 2.14% yearly).
Lafayette-LA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1985 | 2 | 97.64 | - 3.40% | - 13.61% |
| 1985 | 3 | 96.05 | - 1.63% | - 6.51% |
| 1985 | 4 | 95.61 | - 0.46% | - 1.83% |
| 1986 | 1 | 92.31 | - 3.45% | - 13.81% |
| 1986 | 2 | 92.74 | + 0.47% | + 1.86% |
| 1986 | 3 | 88.62 | - 4.44% | - 17.77% |
| 1986 | 4 | 83.36 | - 5.94% | - 23.74% |
| 1987 | 1 | 81.96 | - 1.68% | - 6.72% |
| 1987 | 2 | 81.7 | - 0.32% | - 1.27% |
| 1987 | 3 | 74.38 | - 8.96% | - 35.84% |
| 1987 | 4 | 68.9 | - 7.37% | - 29.47% |
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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 $72,000.00 in 1985, you could multiply by - 31.84%, add the gain and see the home should be worth $49,077.96 in 1987. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Lafayette-LA from 1985 to 1987:
- 10.61%
Appreciation Comparisons
The top 5 performing MSAs from 1985 to 1987 were Providence-New-Bedford-Fall-River-RI-MA, New-Haven-Milford-CT, Hartford-West-Hartford-East-Hartford-CT, Poughkeepsie-Newburgh-Middletown-NY, and Springfield-MA .
- Providence-New-Bedford-Fall-River-RI-MA increased + 80.11% from 1985 to the end of 1987
- New-Haven-Milford-CT increased + 80.01% from 1985 to the end of 1987
- Hartford-West-Hartford-East-Hartford-CT increased + 76.45% from 1985 to the end of 1987
- Poughkeepsie-Newburgh-Middletown-NY increased + 71.87% from 1985 to the end of 1987
- Springfield-MA increased + 71.31% from 1985 to the end of 1987
Zip Code in MSA: 70502 - LAFAYETTE, LA
MSA Pop: 244150Zip Pop: 0
Avg Value: 0
County: LAFAYETTE
Elev: 40
Region: South
Lat: 30.223066
Long: -92.02075