Real Estate Appreciation for Provo Orem, Utah: + 23.82%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Provo Orem, Utah MSA appreciation it was + 23.82% (+ 11.91% yearly) from 1994 to 1995.
During the same time period, UT had + 23.33% (+ 11.66% yearly).
You can see that the Provo Orem, Utah MSA experienced higher appreciation in this case.
Provo-Orem-UT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 92.93 | + 4.71% | + 18.84% |
| 1994 | 3 | 95.27 | + 2.52% | + 10.07% |
| 1994 | 4 | 97.51 | + 2.35% | + 9.40% |
| 1995 | 1 | 100 | + 2.55% | + 10.21% |
| 1995 | 2 | 103.43 | + 3.43% | + 13.72% |
| 1995 | 3 | 107.22 | + 3.66% | + 14.66% |
| 1995 | 4 | 109.89 | + 2.49% | + 9.96% |
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If you were going to do a American Fork, Utah Refinance, or American Fork, Utah Reverse Mortgages, you could estimate your home value.
If you knew your American Fork, Utah home was worth $89,000.00 in 1994, you could multiply by + 23.82%, add the gain and see the home should be worth $110,199.55 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1994 to 1995:
+ 11.91%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
Zip Code in MSA: 84003 - AMERICAN FORK, UT
MSA Pop: 406851Zip Pop: 30441
Avg Value: 164900
County: UTAH
Elev: 4512
Region: West
Lat: 40.41924
Long: -111.56526