Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Odessa, Texas MSA appreciated + 18.95% (+ 2.11% yearly) between 1993 and the end of 2001.

The state of TX had + 40.04% total appreciation (+ 4.45% yearly). The state average for Texas was higher than the real estate appreciation in the Odessa, Texas MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated +111.25% faster than this MSA.

Odessa-TX

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Odessa, Texas .

Lets look at Odessa, Texas, a city located in Odessa, 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 Odessa, 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 $94,000.00 in 1993, you could multiply by + 18.95%, add the gain and see the home should be worth $111,816.86 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Odessa-TX from 1993 to 2001:
+ 2.11%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Casper-WY lost - 26.42% from 1983 thru 1991
  2. Midland-TX lost - 25.57% from 1984 thru 1992

Zip Code in MSA: 79764 - ODESSA, TX

MSA Pop: 122692
Zip Pop: 17389
Avg Value: 33500
County: ECTOR
Elev: 2890
Region: South
Lat: 31.880332
Long: -102.438499