Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Rocky Mount, North Carolina MSA appreciated + 5.82% (+ 1.94% yearly) between 2003 and the end of 2005.

The state of NC had + 16.64% total appreciation (+ 5.55% yearly). The state average for North Carolina was higher than the real estate appreciation in the Rocky Mount, North Carolina MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated +186.11% faster than this MSA.

Rocky-Mount-NC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2003 2 139.52 + 1.32% + 5.29%
2003 3 139.26 - 0.19% - 0.75%
2003 4 137.17 - 1.50% - 6.00%
2004 1 141.72 + 3.32% + 13.27%
2004 2 139.58 - 1.51% - 6.04%
2004 3 138.88 - 0.50% - 2.01%
2004 4 141.97 + 2.22% + 8.90%
2005 1 142.92 + 0.67% + 2.68%
2005 2 142.86 - 0.04% - 0.17%
2005 3 147.02 + 2.91% + 11.65%
2005 4 145.71 - 0.89% - 3.56%


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If you were going to do a Middlesex, North Carolina Refinance, or Middlesex, North Carolina Reverse Mortgages, you could estimate your home value.

If you knew your Middlesex, North Carolina home was worth $108,000.00 in 2003, you could multiply by + 5.82%, add the gain and see the home should be worth $114,282.35 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Rocky-Mount-NC from 2003 to 2005:
+ 1.94%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2003 to 2005 were Burlington-NC, Lafayette-IN, Jonesboro-AR, Anderson-IN, and Rocky-Mount-NC .

  1. Burlington-NC only increased + 3.06% between 2003 and 2005
  2. Lafayette-IN only increased + 4.69% between 2003 and 2005
  3. Jonesboro-AR only increased + 5.04% between 2003 and 2005
  4. Anderson-IN only increased + 5.16% between 2003 and 2005
  5. Rocky-Mount-NC only increased + 5.82% between 2003 and 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 27557 - MIDDLESEX, NC

MSA Pop: 144627
Zip Pop: 6593
Avg Value: 82100
County: NASH
Elev: 180
Region: South
Lat: 35.791033
Long: -78.190211