Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Williamsport, Pensylivania MSA appreciated + 6.84% (+ 2.28% yearly) for the period between 1999 and the end of 2001.

The state had + 13.20% total appreciation (+ 4.40% yearly). The state average for Pensylivania was higher than the real estate appreciation in the Williamsport, Pensylivania MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 93.05% faster than this MSA.

Williamsport-PA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1999 2 114.03 - 1.19% - 4.75%
1999 3 113.68 - 0.31% - 1.23%
1999 4 113.64 - 0.04% - 0.14%
2000 1 114.79 + 1.01% + 4.05%
2000 2 115.04 + 0.22% + 0.87%
2000 3 114.36 - 0.59% - 2.36%
2000 4 117.21 + 2.49% + 9.97%
2001 1 121.08 + 3.30% + 13.21%
2001 2 121.99 + 0.75% + 3.01%
2001 3 124.64 + 2.17% + 8.69%
2001 4 123.29 - 1.08% - 4.33%


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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

If you knew your Williamsport, Pensylivania home was worth $100,000.00 in 1999, you could multiply by + 6.84%, add the gain and see the home should be worth $106,837.09 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Williamsport-PA from 1999 to 2001:
+ 2.28%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  2. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 17701 - WILLIAMSPORT, PA

MSA Pop: 118438
Zip Pop: 46478
Avg Value: 80600
County: LYCOMING
Elev: 528
Region: Northeast
Lat: 41.2674
Long: -77.03508