Real Estate Appreciation for Provo Orem, Utah: + 17.70%
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 + 17.70% (+ 2.53% yearly).
All of the property in UT averaged + 18.17% change in value (+ 2.60% yearly).
Provo-Orem-UT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
Lets look at Eagle Mountain, 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 Eagle Mountain, Utah Refinance, or Eagle Mountain, Utah Reverse Mortgages, you could estimate your home value.
If you knew your Eagle Mountain, Utah home was worth $100,000.00 in 1997, you could multiply by + 17.70%, add the gain and see the home should be worth $117,699.42 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1997 to 2003:
+ 2.53%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1997 to 2003 were Springfield-IL, Wenatchee-WA, Lewiston-ID-WA, Fayetteville-NC, and Ogden-Clearfield-UT .
- Springfield-IL only increased + 14.58% between 1997 and 2003
- Wenatchee-WA only increased + 14.71% between 1997 and 2003
- Lewiston-ID-WA only increased + 15.12% between 1997 and 2003
- Fayetteville-NC only increased + 15.26% between 1997 and 2003
- Ogden-Clearfield-UT only increased + 15.70% between 1997 and 2003
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 84005 - EAGLE MOUNTAIN, UT
MSA Pop: 406851Zip Pop: 0
Avg Value: 0
County: UTAH
Elev: 4512
Region: West
Lat: 40.3802
Long: -111.991