Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Rocky Mount, North Carolina MSA appreciation it was + 2.82% (+ 1.41% yearly) from 2004 to 2005.

During the same time period, NC had + 12.83% (+ 6.42% yearly). From 2004 to 2005, North Carolina outperformed the individual Rocky Mount, North Carolina MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Rocky-Mount-NC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


If you need information on Hard Money Rehab Loans in Middlesex, North Carolina look at Spec-Loan.com

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 $109,000.00 in 2004, you could multiply by + 2.82%, add the gain and see the home should be worth $112,068.80 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Rocky-Mount-NC from 2004 to 2005:
+ 1.41%

Appreciation Comparisons

The top 5 performing MSAs from 2004 to 2005 were Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 to the end of 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 to the end of 2005
  3. Bakersfield-CA increased + 63.04% from 2004 to the end of 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 to the end of 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 to the end of 2005

In contrast, the worst 5 MSAs from 2004 to 2005 were Burlington-NC, Jonesboro-AR, Lafayette-IN, Rocky-Mount-NC, and Youngstown-Warren-Boardman-OH-PA .

  1. Burlington-NC only increased + 0.60% between 2004 and 2005
  2. Jonesboro-AR only increased + 2.06% between 2004 and 2005
  3. Lafayette-IN only increased + 2.12% between 2004 and 2005
  4. Rocky-Mount-NC only increased + 2.82% between 2004 and 2005
  5. Youngstown-Warren-Boardman-OH-PA only increased + 3.78% between 2004 and 2005

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