Real Estate Appreciation for Williamsport, Pensylivania: + 6.11%
Appreciation for MSAs:.
Let's start by comparing Williamsport, Pensylivania 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 + 6.11% (+ 3.06% yearly) for the Williamsport, Pensylivania MSA.
The entire state of PA had + 13.76% appreciation (+ 6.88% yearly).
The state average for Pensylivania was higher than the real estate appreciation in the Williamsport, Pensylivania MSA. This means the conditions in the MSA for real estate investment were worse by +125.09%.
Williamsport-PA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 125.82 | + 0.41% | + 1.63% |
| 2002 | 3 | 126.19 | + 0.29% | + 1.18% |
| 2002 | 4 | 128.1 | + 1.51% | + 6.05% |
| 2003 | 1 | 130.76 | + 2.08% | + 8.31% |
| 2003 | 2 | 130.28 | - 0.37% | - 1.47% |
| 2003 | 3 | 132.45 | + 1.67% | + 6.66% |
| 2003 | 4 | 132.97 | + 0.39% | + 1.57% |
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 Williamsport, Pensylivania 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 Williamsport, Pensylivania.
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 $105,000.00 in 2002, you could multiply by + 6.11%, add the gain and see the home should be worth $111,418.48 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Williamsport-PA from 2002 to 2003:
+ 3.06%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 17701 - WILLIAMSPORT, PA
MSA Pop: 118438Zip Pop: 46478
Avg Value: 80600
County: LYCOMING
Elev: 528
Region: Northeast
Lat: 41.2674
Long: -77.03508