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 + 16.03% (+ 3.21% yearly).

All of the property in UT averaged + 15.06% change in value (+ 3.01% yearly).

Provo-Orem-UT

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1998-2001 Quarterly Detailed Appreciation


Lets look at American Fork, Utah, a city located in Provo Orem, Utah MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out 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 $98,000.00 in 1997, you could multiply by + 16.03%, add the gain and see the home should be worth $113,708.91 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1997 to 2001:
+ 3.21%

Appreciation Comparisons

The top 5 performing MSAs from 1997 to 2001 were Santa-Cruz-Watsonville-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Salinas-CA, Santa-Rosa-Petaluma-CA, and Barnstable-Town-MA .

  1. Santa-Cruz-Watsonville-CA increased + 85.74% from 1997 to the end of 2001
  2. San-Jose-Sunnyvale-Santa-Clara-CA increased + 84.16% from 1997 to the end of 2001
  3. Salinas-CA increased + 77.44% from 1997 to the end of 2001
  4. Santa-Rosa-Petaluma-CA increased + 75.85% from 1997 to the end of 2001
  5. Barnstable-Town-MA increased + 75.70% from 1997 to the end of 2001

In contrast, the worst 5 MSAs from 1997 to 2001 were Honolulu-HI, Williamsport-PA, Springfield-IL, Wenatchee-WA, and Albuquerque-NM .

  1. Honolulu-HI only increased + 5.24% between 1997 and 2001
  2. Williamsport-PA only increased + 7.92% between 1997 and 2001
  3. Springfield-IL only increased + 8.36% between 1997 and 2001
  4. Wenatchee-WA only increased + 8.71% between 1997 and 2001
  5. Albuquerque-NM only increased + 8.90% between 1997 and 2001

Zip Code in MSA: 84003 - AMERICAN FORK, UT

MSA Pop: 406851
Zip Pop: 30441
Avg Value: 164900
County: UTAH
Elev: 4512
Region: West
Lat: 40.41924
Long: -111.56526