Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Worcester, Massachusettes did compared to the state as a whole.

The Worcester, Massachusettes MSA property value change was + 66.04% (+ 16.51% yearly).

All of the property in MA averaged + 66.25% change in value (+ 16.56% yearly).

Worcester-MA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1985 2 76.12 + 8.39% + 33.55%
1985 3 79.37 + 4.27% + 17.08%
1985 4 85.39 + 7.58% + 30.34%
1986 1 89.4 + 4.70% + 18.78%
1986 2 95.07 + 6.34% + 25.37%
1986 3 100.1 + 5.29% + 21.16%
1986 4 102.86 + 2.76% + 11.03%
1987 1 107.71 + 4.72% + 18.86%
1987 2 110.57 + 2.66% + 10.62%
1987 3 113.04 + 2.23% + 8.94%
1987 4 113.92 + 0.78% + 3.11%
1988 1 113.95 + 0.03% + 0.11%
1988 2 116.62 + 2.34% + 9.37%
1988 3 115.31 - 1.12% - 4.49%
1988 4 116.61 + 1.13% + 4.51%


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

If you knew your Gilbertville, Massachusettes home was worth $73,000.00 in 1985, you could multiply by + 66.04%, add the gain and see the home should be worth $121,209.31 in 1988. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Worcester-MA from 1985 to 1988:
+ 16.51%

Appreciation Comparisons

The top 5 performing MSAs from 1985 to 1988 were Providence-New-Bedford-Fall-River-RI-MA, Springfield-MA, New-Haven-Milford-CT, Hartford-West-Hartford-East-Hartford-CT, and Poughkeepsie-Newburgh-Middletown-NY .

  1. Providence-New-Bedford-Fall-River-RI-MA increased + 92.26% from 1985 to the end of 1988
  2. Springfield-MA increased + 86.44% from 1985 to the end of 1988
  3. New-Haven-Milford-CT increased + 85.97% from 1985 to the end of 1988
  4. Hartford-West-Hartford-East-Hartford-CT increased + 85.67% from 1985 to the end of 1988
  5. Poughkeepsie-Newburgh-Middletown-NY increased + 78.43% from 1985 to the end of 1988

For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

Zip Code in MSA: 1031 - GILBERTVILLE, MA

MSA Pop: 776610
Zip Pop: 1263
Avg Value: 116500
County: WORCESTER
Elev: 475
Region: Northeast
Lat: 42.33426
Long: -72.17604