Real Estate Appreciation for Rocky Mount, North Carolina: + 11.41%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Rocky Mount, North Carolina MSA appreciated + 11.41% (+ 2.28% yearly) for the period between 2001 and the end of 2005.
The state had + 24.62% total appreciation (+ 4.92% yearly).
The state average for North Carolina was higher than the real estate appreciation in the Rocky Mount, North Carolina MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated +115.82% faster than this MSA.
Rocky-Mount-NC
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
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If you were going to do a Rocky Mount, North Carolina Refinance, or Rocky Mount, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Rocky Mount, North Carolina home was worth $106,000.00 in 2001, you could multiply by + 11.41%, add the gain and see the home should be worth $118,092.06 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Rocky-Mount-NC from 2001 to 2005:
+ 2.28%
Appreciation Comparisons
The top 5 performing MSAs from 2001 to 2005 were Fresno-CA, Madera-CA, Yuba-City-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Fresno-CA increased +137.23% from 2001 to the end of 2005
- Madera-CA increased +136.99% from 2001 to the end of 2005
- Yuba-City-CA increased +136.08% from 2001 to the end of 2005
- Riverside-San-Bernardino-Ontario-CA increased +133.38% from 2001 to the end of 2005
- Bakersfield-CA increased +131.89% from 2001 to the end of 2005
For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
- Worcester-MA increased +138.82% from 1982 thru 1986
- Fresno-CA increased +137.23% from 2001 thru 2005
- Madera-CA increased +136.99% from 2001 thru 2005
- Yuba-City-CA increased +136.08% from 2001 thru 2005
Zip Code in MSA: 27801 - ROCKY MOUNT, NC
MSA Pop: 144627Zip Pop: 22292
Avg Value: 66600
County: EDGECOMBE
Elev: 71
Region: South
Lat: 35.9541
Long: -77.75184