Real Estate Appreciation for Lawton, Oklahoma: + 6.71%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Lawton, Oklahoma MSA appreciated + 6.71% (+ 1.68% yearly) for the period between 1999 and the end of 2002.
The state had + 17.55% total appreciation (+ 4.39% yearly).
The state average for Oklahoma was higher than the real estate appreciation in the Lawton, Oklahoma MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated +161.51% faster than this MSA.
Lawton-OK
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 104.84 | - 3.36% | - 13.42% |
| 1999 | 3 | 106.92 | + 1.98% | + 7.94% |
| 1999 | 4 | 105.18 | - 1.63% | - 6.51% |
| 2000 | 1 | 105.31 | + 0.12% | + 0.49% |
| 2000 | 2 | 105.91 | + 0.57% | + 2.28% |
| 2000 | 3 | 107.32 | + 1.33% | + 5.33% |
| 2000 | 4 | 107.62 | + 0.28% | + 1.12% |
| 2001 | 1 | 109.88 | + 2.10% | + 8.40% |
| 2001 | 2 | 107.14 | - 2.49% | - 9.97% |
| 2001 | 3 | 107.78 | + 0.60% | + 2.39% |
| 2001 | 4 | 111.56 | + 3.51% | + 14.03% |
| 2002 | 1 | 112.61 | + 0.94% | + 3.76% |
| 2002 | 2 | 111.47 | - 1.01% | - 4.05% |
| 2002 | 3 | 115.36 | + 3.49% | + 13.96% |
| 2002 | 4 | 115.76 | + 0.35% | + 1.39% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Fort Sill, Oklahoma Refinance, or Fort Sill, Oklahoma Reverse Mortgages, you could estimate your home value.
If you knew your Fort Sill, Oklahoma home was worth $101,000.00 in 1999, you could multiply by + 6.71%, add the gain and see the home should be worth $107,778.02 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Lawton-OK from 1999 to 2002:
+ 1.68%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2002 were Barnstable-Town-MA, Napa-CA, Vallejo-Fairfield-CA, San-Luis-Obispo-Paso-Robles-CA, and Salinas-CA .
- Barnstable-Town-MA increased + 77.56% from 1999 to the end of 2002
- Napa-CA increased + 71.93% from 1999 to the end of 2002
- Vallejo-Fairfield-CA increased + 71.68% from 1999 to the end of 2002
- San-Luis-Obispo-Paso-Robles-CA increased + 71.04% from 1999 to the end of 2002
- Salinas-CA increased + 68.96% from 1999 to the end of 2002
Zip Code in MSA: 73503 - FORT SILL, OK
MSA Pop: 113890Zip Pop: 12033
Avg Value: 97500
County: COMANCHE
Elev: 1111
Region: South
Lat: 34.66356
Long: -98.44296