Appreciation for MSAs:.

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

If we analyze Springfield, Massachusettes MSA appreciation it was + 95.46% (+ 23.87% yearly) from 1984 to 1987.

During the same time period, MA had + 95.45% (+ 23.86% yearly). You can see that the Springfield, Massachusettes MSA experienced higher appreciation in this case.

Springfield-MA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1984 2 56.77 + 3.92% + 15.67%
1984 3 58.38 + 2.84% + 11.34%
1984 4 59.68 + 2.23% + 8.91%
1985 1 62.33 + 4.44% + 17.76%
1985 2 65.56 + 5.18% + 20.73%
1985 3 67.88 + 3.54% + 14.15%
1985 4 71.27 + 4.99% + 19.98%
1986 1 73.22 + 2.74% + 10.94%
1986 2 77.09 + 5.29% + 21.14%
1986 3 81.83 + 6.15% + 24.59%
1986 4 88 + 7.54% + 30.16%
1987 1 92.61 + 5.24% + 20.95%
1987 2 96.77 + 4.49% + 17.97%
1987 3 104.64 + 8.13% + 32.53%
1987 4 106.78 + 2.05% + 8.18%


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If you were going to do a Amherst, Massachusettes Refinance, or Amherst, Massachusettes Reverse Mortgages, you could estimate your home value.

If you knew your Amherst, Massachusettes home was worth $71,000.00 in 1984, you could multiply by + 95.46%, add the gain and see the home should be worth $138,776.86 in 1987. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Springfield-MA from 1984 to 1987:
+ 23.87%

Appreciation Comparisons

The top 5 performing MSAs from 1984 to 1987 were New-Haven-Milford-CT, Providence-New-Bedford-Fall-River-RI-MA, Poughkeepsie-Newburgh-Middletown-NY, Bridgeport-Stamford-Norwalk-CT, and Springfield-MA .

  1. New-Haven-Milford-CT increased +103.08% from 1984 to the end of 1987
  2. Providence-New-Bedford-Fall-River-RI-MA increased +102.76% from 1984 to the end of 1987
  3. Poughkeepsie-Newburgh-Middletown-NY increased + 99.69% from 1984 to the end of 1987
  4. Bridgeport-Stamford-Norwalk-CT increased + 99.39% from 1984 to the end of 1987
  5. Springfield-MA increased + 95.46% from 1984 to the end of 1987

In contrast, the worst 5 MSAs from 1984 to 1987 were Lafayette-LA, Casper-WY, Anchorage-AK, Odessa-TX, and Midland-TX .

  1. Lafayette-LA decreased by - 34.44% between 1984 and 1987
  2. Casper-WY decreased by - 32.07% between 1984 and 1987
  3. Anchorage-AK decreased by - 30.04% between 1984 and 1987
  4. Odessa-TX decreased by - 27.22% between 1984 and 1987
  5. Midland-TX decreased by - 23.39% between 1984 and 1987

Zip Code in MSA: 1002 - AMHERST, MA

MSA Pop: 688495
Zip Pop: 36794
Avg Value: 177600
County: HAMPSHIRE
Elev: 140
Region: Northeast
Lat: 42.37686
Long: -72.46914