Real Estate Appreciation for McAllen Edinburg Mission, Texas: + 17.49%
Appreciation for MSAs:.
Let's start by comparing McAllen Edinburg Mission, Texas 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 + 17.49% (+ 4.37% yearly) for the McAllen Edinburg Mission, Texas MSA.
The entire state of TX had + 15.93% appreciation (+ 3.98% yearly).
The McAllen Edinburg Mission, Texas MSA beat out the state. by + 9.77% appreciation.
McAllen-Edinburg-Mission-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 118.03 | + 1.77% | + 7.07% |
| 2002 | 3 | 118.36 | + 0.28% | + 1.12% |
| 2002 | 4 | 121.33 | + 2.51% | + 10.04% |
| 2003 | 1 | 122.46 | + 0.93% | + 3.73% |
| 2003 | 2 | 123.57 | + 0.91% | + 3.63% |
| 2003 | 3 | 124.24 | + 0.54% | + 2.17% |
| 2003 | 4 | 123.23 | - 0.81% | - 3.25% |
| 2004 | 1 | 126.26 | + 2.46% | + 9.84% |
| 2004 | 2 | 127.94 | + 1.33% | + 5.32% |
| 2004 | 3 | 130.19 | + 1.76% | + 7.03% |
| 2004 | 4 | 130.74 | + 0.42% | + 1.69% |
| 2005 | 1 | 130.12 | - 0.47% | - 1.90% |
| 2005 | 2 | 134.37 | + 3.27% | + 13.06% |
| 2005 | 3 | 133.77 | - 0.45% | - 1.79% |
| 2005 | 4 | 136.26 | + 1.86% | + 7.45% |
If you need information on Hard Money Rehab Loans in Mcallen, Texas look at Spec-Loan.com
If you were going to do a Mcallen, Texas Refinance, or Mcallen, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Mcallen, Texas home was worth $107,000.00 in 2002, you could multiply by + 17.49%, add the gain and see the home should be worth $125,709.78 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for McAllen-Edinburg-Mission-TX from 2002 to 2005:
+ 4.37%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2005 were Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Yuba-City-CA .
- Bakersfield-CA increased +116.36% from 2002 to the end of 2005
- Fresno-CA increased +116.09% from 2002 to the end of 2005
- Madera-CA increased +114.32% from 2002 to the end of 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 to the end of 2005
- Yuba-City-CA increased +108.89% from 2002 to the end of 2005
In contrast, the worst 5 MSAs from 2002 to 2005 were Lafayette-IN, Burlington-NC, Anderson-IN, Jonesboro-AR, and Fort-Wayne-IN .
- Lafayette-IN only increased + 6.22% between 2002 and 2005
- Burlington-NC only increased + 6.40% between 2002 and 2005
- Anderson-IN only increased + 8.50% between 2002 and 2005
- Jonesboro-AR only increased + 8.86% between 2002 and 2005
- Fort-Wayne-IN only increased + 9.30% between 2002 and 2005
Zip Code in MSA: 78502 - MCALLEN, TX
MSA Pop: 635540Zip Pop: 0
Avg Value: 0
County: HIDALGO
Elev: 96
Region: South
Lat: 26.194911
Long: -98.247199