Real Estate Appreciation for Provo Orem, Utah: + 27.95%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Provo Orem, Utah did compared to the state as a whole.
The Provo Orem, Utah MSA property value change was + 27.95% (+ 6.99% yearly).
All of the property in UT averaged + 28.54% change in value (+ 7.13% yearly).
Provo-Orem-UT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 103.43 | + 3.43% | + 13.72% |
| 1995 | 3 | 107.22 | + 3.66% | + 14.66% |
| 1995 | 4 | 109.89 | + 2.49% | + 9.96% |
| 1996 | 1 | 112.6 | + 2.47% | + 9.86% |
| 1996 | 2 | 112.45 | - 0.13% | - 0.53% |
| 1996 | 3 | 114.16 | + 1.52% | + 6.08% |
| 1996 | 4 | 116.08 | + 1.68% | + 6.73% |
| 1997 | 1 | 117.97 | + 1.63% | + 6.51% |
| 1997 | 2 | 118.36 | + 0.33% | + 1.32% |
| 1997 | 3 | 121.28 | + 2.47% | + 9.87% |
| 1997 | 4 | 123.1 | + 1.50% | + 6.00% |
| 1998 | 1 | 124.31 | + 0.98% | + 3.93% |
| 1998 | 2 | 125.41 | + 0.88% | + 3.54% |
| 1998 | 3 | 126.58 | + 0.93% | + 3.73% |
| 1998 | 4 | 127.95 | + 1.08% | + 4.33% |
If you need information on Hard Money Rehab Loans in American Fork, Utah look at Spec-Loan.com
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 $93,000.00 in 1995, you could multiply by + 27.95%, add the gain and see the home should be worth $118,993.50 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1995 to 1998:
+ 6.99%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1995 to 1998 were Honolulu-HI, Utica-Rome-NY, Madera-CA, Albany-Schenectady-Troy-NY, and Redding-CA .
- Honolulu-HI decreased by - 13.12% between 1995 and 1998
- Utica-Rome-NY only increased + 0.14% between 1995 and 1998
- Madera-CA only increased + 2.89% between 1995 and 1998
- Albany-Schenectady-Troy-NY only increased + 3.63% between 1995 and 1998
- Redding-CA only increased + 4.10% between 1995 and 1998
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: 84003 - AMERICAN FORK, UT
MSA Pop: 406851Zip Pop: 30441
Avg Value: 164900
County: UTAH
Elev: 4512
Region: West
Lat: 40.41924
Long: -111.56526