Real Estate Appreciation for Midland, Texas: - 16.54%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Midland, Texas did compared to the state as a whole.
The Midland, Texas MSA property value change was - 16.54% (- 4.14% yearly).
All of the property in TX averaged - 11.14% change in value (- 2.78% yearly).
Midland-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1985 | 2 | 118.55 | + 0.02% | + 0.07% |
| 1985 | 3 | 116.06 | - 2.10% | - 8.40% |
| 1985 | 4 | 114.63 | - 1.23% | - 4.93% |
| 1986 | 1 | 119.51 | + 4.26% | + 17.03% |
| 1986 | 2 | 118.5 | - 0.85% | - 3.38% |
| 1986 | 3 | 111.2 | - 6.16% | - 24.64% |
| 1986 | 4 | 107.27 | - 3.53% | - 14.14% |
| 1987 | 1 | 105.45 | - 1.70% | - 6.79% |
| 1987 | 2 | 101.88 | - 3.39% | - 13.54% |
| 1987 | 3 | 94.72 | - 7.03% | - 28.11% |
| 1987 | 4 | 99.39 | + 4.93% | + 19.72% |
| 1988 | 1 | 96.51 | - 2.90% | - 11.59% |
| 1988 | 2 | 96.98 | + 0.49% | + 1.95% |
| 1988 | 3 | 96.04 | - 0.97% | - 3.88% |
| 1988 | 4 | 98.92 | + 3.00% | + 12.00% |
There are a lot of ways to use the appreciation data for Midland, Texas .
Lets look at Midland, Texas, a city located in Midland, Texas MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Midland, Texas check out Spec-Loan.com
If you were going to do a Midland, Texas Refinance, or Midland, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Midland, Texas home was worth $73,000.00 in 1985, you could multiply by - 16.54%, add the gain and see the home should be worth $60,922.64 in 1988. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Midland-TX from 1985 to 1988:
- 4.14%
Appreciation Comparisons
The worst 5 MSAs from 1985 to 1988 were Lafayette-LA, Austin-Round-Rock-TX, Oklahoma-City-OK, Odessa-TX, and Casper-WY .
- Lafayette-LA decreased by - 34.71% between 1985 and 1988
- Austin-Round-Rock-TX decreased by - 22.05% between 1985 and 1988
- Oklahoma-City-OK decreased by - 21.73% between 1985 and 1988
- Odessa-TX decreased by - 18.24% between 1985 and 1988
- Casper-WY decreased by - 16.99% between 1985 and 1988
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 79703 - MIDLAND, TX
MSA Pop: 118624Zip Pop: 18582
Avg Value: 50400
County: MIDLAND
Elev: 2769
Region: South
Lat: 31.978591
Long: -102.118157