Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Worcester, Massachusettes MSA appreciated +100.11% (+ 9.10% yearly) between 1993 and the end of 2003.

The state of MA had +116.52% total appreciation (+ 10.59% yearly). The state average for Massachusettes was higher than the real estate appreciation in the Worcester, Massachusettes MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 16.39% faster than this MSA.

Worcester-MA

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


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Worcester-MA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Massachusettes, you can do some research at Spec-Loan.com.

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

If you knew your Wheelwright, Massachusettes home was worth $96,000.00 in 1993, you could multiply by +100.11%, add the gain and see the home should be worth $192,102.89 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Worcester-MA from 1993 to 2003:
+ 9.10%

Appreciation Comparisons

The worst 5 MSAs from 1993 to 2003 were Binghamton-NY, Honolulu-HI, Rochester-NY, Elmira-NY, and Utica-Rome-NY .

  1. Binghamton-NY only increased + 13.04% between 1993 and 2003
  2. Honolulu-HI only increased + 15.17% between 1993 and 2003
  3. Rochester-NY only increased + 20.38% between 1993 and 2003
  4. Elmira-NY only increased + 20.39% between 1993 and 2003
  5. Utica-Rome-NY only increased + 20.41% between 1993 and 2003

For a 11 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Providence-New-Bedford-Fall-River-RI-MA .

  1. Bridgeport-Stamford-Norwalk-CT increased +291.00% from 1977 thru 1987
  2. New-Haven-Milford-CT increased +263.57% from 1978 thru 1988
  3. Salinas-CA increased +257.03% from 1995 thru 2005
  4. Salinas-CA increased +246.95% from 1996 thru 2006
  5. Providence-New-Bedford-Fall-River-RI-MA increased +246.07% from 1977 thru 1987

The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .

  1. Midland-TX lost - 33.11% from 1982 to 1992
  2. Midland-TX lost - 27.85% from 1983 thru 1993
  3. Midland-TX lost - 21.51% from 1984 thru 1994
  4. Odessa-TX lost - 21.17% from 1984 thru 1994
  5. Lafayette-LA lost - 18.88% from 1982 thru 1992

Zip Code in MSA: 1094 - WHEELWRIGHT, MA

MSA Pop: 776610
Zip Pop: 0
Avg Value: 0
County: WORCESTER
Elev: 475
Region: Northeast
Lat: 42.351944
Long: -72.140278