Real Estate Appreciation for Springfield, Massachusettes: + 10.84%
Appreciation for MSAs:.
Let's start by comparing Springfield, Massachusettes to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 10.84% (+ 1.20% yearly) for the Springfield, Massachusettes MSA.
The entire state of MA had + 55.20% appreciation (+ 6.13% yearly).
The state average for Massachusettes was higher than the real estate appreciation in the Springfield, Massachusettes MSA. This means the conditions in the MSA for real estate investment were worse by +408.99%.
Springfield-MA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
If you need information on Hard Money Rehab Loans in Belchertown, Massachusettes look at Spec-Loan.com
If you were going to do a Belchertown, Massachusettes Refinance, or Belchertown, Massachusettes Reverse Mortgages, you could estimate your home value.
If you knew your Belchertown, Massachusettes home was worth $92,000.00 in 1992, you could multiply by + 10.84%, add the gain and see the home should be worth $101,977.02 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Springfield-MA from 1992 to 2000:
+ 1.20%
Appreciation Comparisons
The top 5 performing MSAs from 1992 to 2000 were Boulder-CO, Denver-Aurora-CO, Fort-Collins-Loveland-CO, Greeley-CO, and Salt-Lake-City-UT .
- Boulder-CO increased +120.26% from 1992 to the end of 2000
- Denver-Aurora-CO increased +108.38% from 1992 to the end of 2000
- Fort-Collins-Loveland-CO increased +100.33% from 1992 to the end of 2000
- Greeley-CO increased + 94.91% from 1992 to the end of 2000
- Salt-Lake-City-UT increased + 92.72% from 1992 to the end of 2000
In contrast, the worst 5 MSAs from 1992 to 2000 were Honolulu-HI, Binghamton-NY, Utica-Rome-NY, Albany-Schenectady-Troy-NY, and Bakersfield-CA .
- Honolulu-HI decreased by - 11.63% between 1992 and 2000
- Binghamton-NY decreased by - 1.61% between 1992 and 2000
- Utica-Rome-NY decreased by - 0.25% between 1992 and 2000
- Albany-Schenectady-Troy-NY decreased by - 0.02% between 1992 and 2000
- Bakersfield-CA only increased + 0.18% between 1992 and 2000
Zip Code in MSA: 1007 - BELCHERTOWN, MA
MSA Pop: 688495Zip Pop: 13017
Avg Value: 142400
County: HAMPSHIRE
Elev: 140
Region: Northeast
Lat: 42.278884
Long: -72.410245