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 + 11.06% (+ 3.69% yearly).

All of the property in MA averaged + 13.36% change in value (+ 4.45% yearly).

Worcester-MA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1995 2 101.71 + 1.71% + 6.84%
1995 3 103.37 + 1.63% + 6.53%
1995 4 103.72 + 0.34% + 1.35%
1996 1 104.7 + 0.94% + 3.78%
1996 2 105.25 + 0.53% + 2.10%
1996 3 104.85 - 0.38% - 1.52%
1996 4 105.87 + 0.97% + 3.89%
1997 1 107.27 + 1.32% + 5.29%
1997 2 108.31 + 0.97% + 3.88%
1997 3 109.37 + 0.98% + 3.91%
1997 4 111.06 + 1.55% + 6.18%


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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 $92,000.00 in 1995, you could multiply by + 11.06%, add the gain and see the home should be worth $102,175.20 in 1997. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Worcester-MA from 1995 to 1997:
+ 3.69%

Appreciation Comparisons

The worst 5 MSAs from 1995 to 1997 were Honolulu-HI, Utica-Rome-NY, Odessa-TX, Laredo-TX, and Madera-CA .

  1. Honolulu-HI decreased by - 12.82% between 1995 and 1997
  2. Utica-Rome-NY decreased by - 6.03% between 1995 and 1997
  3. Odessa-TX decreased by - 0.73% between 1995 and 1997
  4. Laredo-TX decreased by - 0.27% between 1995 and 1997
  5. Madera-CA decreased by - 0.18% between 1995 and 1997

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

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