Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Odessa, Texas MSA appreciation it was - 21.17% (- 1.92% yearly) from 1984 to 1994.

During the same time period, TX had + 3.04% (+ 0.28% yearly). From 1984 to 1994, Texas outperformed the individual Odessa, Texas MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Odessa-TX

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1991-1994 Quarterly Detailed Appreciation
1988-1991 Quarterly Detailed Appreciation
1985-1988 Quarterly Detailed Appreciation


Some of the ways peope use our appreciation data for Odessa, Texas include real estate investment .

Lets look at Odessa, Texas, a city located in Odessa, Texas MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Texas check out Spec-Loan.com

If you were going to do a Odessa, Texas Refinance, or Odessa, Texas Reverse Mortgages, you could estimate your home value.

If you knew your Odessa, Texas home was worth $78,000.00 in 1984, you could multiply by - 21.17%, add the gain and see the home should be worth $61,485.87 in 1994. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Odessa-TX from 1984 to 1994:
- 1.92%

Appreciation Comparisons

The worst 5 MSAs from 1984 to 1994 were Midland-TX, Odessa-TX, Anchorage-AK, Oklahoma-City-OK, and Lafayette-LA .

  1. Midland-TX decreased by - 21.51% between 1984 and 1994
  2. Odessa-TX decreased by - 21.17% between 1984 and 1994
  3. Anchorage-AK decreased by - 8.87% between 1984 and 1994
  4. Oklahoma-City-OK decreased by - 8.55% between 1984 and 1994
  5. Lafayette-LA decreased by - 3.69% between 1984 and 1994

For a 11 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Providence-New-Bedford-Fall-River-RI-MA .

  1. Bridgeport-Stamford-Norwalk-CT increased +291.00% from 1977 thru 1987
  2. New-Haven-Milford-CT increased +263.57% from 1978 thru 1988
  3. Salinas-CA increased +257.03% from 1995 thru 2005
  4. Salinas-CA increased +246.95% from 1996 thru 2006
  5. Providence-New-Bedford-Fall-River-RI-MA increased +246.07% from 1977 thru 1987

The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .

  1. Midland-TX lost - 33.11% from 1982 to 1992
  2. Midland-TX lost - 27.85% from 1983 thru 1993
  3. Midland-TX lost - 21.51% from 1984 thru 1994
  4. Odessa-TX lost - 21.17% from 1984 thru 1994
  5. Lafayette-LA lost - 18.88% from 1982 thru 1992

Zip Code in MSA: 79766 - ODESSA, TX

MSA Pop: 122692
Zip Pop: 2260
Avg Value: 44700
County: ECTOR
Elev: 2890
Region: South
Lat: 31.809573
Long: -102.336577