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 + 93.40% (+ 6.23% yearly) for the Springfield, Massachusettes MSA.

The entire state of MA had +156.23% appreciation (+ 10.42% 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 + 67.28%.

Springfield-MA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


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 Chesterfield, Massachusettes 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 Springfield, Massachusettes.

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

If you knew your Chesterfield, Massachusettes home was worth $98,000.00 in 1992, you could multiply by + 93.40%, add the gain and see the home should be worth $189,528.64 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Springfield-MA from 1992 to 2006:
+ 6.23%

Appreciation Comparisons

The worst perfoming MSAs ever for a 15 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Midland-TX .

  1. Midland-TX lost - 26.77% from 1982 to 1996
  2. Midland-TX lost - 20.17% from 1983 thru 1997
  3. Midland-TX lost - 11.70% from 1984 thru 1998
  4. Odessa-TX lost - 9.94% from 1984 thru 1998
  5. Midland-TX lost - 5.77% from 1986 thru 2000

The top 5 performing MSAs from 1992 to 2006 were Bend-OR, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Salinas-CA, Flagstaff-AZ-UT, and Medford-OR .

  1. Bend-OR increased +248.24% from 1992 to the end of 2006
  2. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +244.55% from 1992 to the end of 2006
  3. Salinas-CA increased +242.54% from 1992 to the end of 2006
  4. Flagstaff-AZ-UT increased +240.43% from 1992 to the end of 2006
  5. Medford-OR increased +232.88% from 1992 to the end of 2006

Zip Code in MSA: 1012 - CHESTERFIELD, MA

MSA Pop: 688495
Zip Pop: 523
Avg Value: 139100
County: HAMPSHIRE
Elev: 140
Region: Northeast
Lat: 42.385904
Long: -72.835131