Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Salt Lake City, Utah did compared to the state as a whole.

The Salt Lake City, Utah MSA property value change was + 24.43% (+ 8.14% yearly).

All of the property in UT averaged + 23.51% change in value (+ 7.84% yearly).

Salt-Lake-City-UT

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1995 2 103.25 + 3.25% + 13.00%
1995 3 106.97 + 3.60% + 14.41%
1995 4 109.12 + 2.01% + 8.04%
1996 1 111.43 + 2.12% + 8.47%
1996 2 113 + 1.41% + 5.64%
1996 3 115.15 + 1.90% + 7.61%
1996 4 117.55 + 2.08% + 8.34%
1997 1 119.44 + 1.61% + 6.43%
1997 2 120.13 + 0.58% + 2.31%
1997 3 122.3 + 1.81% + 7.23%
1997 4 124.43 + 1.74% + 6.97%


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Bingham Canyon, Utah click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Salt Lake City, Utah.

If you were going to do a Bingham Canyon, Utah Refinance, or Bingham Canyon, Utah Reverse Mortgages, you could estimate your home value.

If you knew your Bingham Canyon, Utah home was worth $92,000.00 in 1995, you could multiply by + 24.43%, add the gain and see the home should be worth $114,475.60 in 1997. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Salt-Lake-City-UT from 1995 to 1997:
+ 8.14%

Appreciation Comparisons

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 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: 84006 - BINGHAM CANYON, UT

MSA Pop: 1005232
Zip Pop: 726
Avg Value: 116200
County: SALT LAKE
Elev: 4260
Region: West
Lat: 40.533333
Long: -112.15