Real Estate Appreciation for Anderson, Indiana: + 80.34%
Appreciation for MSAs:.
Let's start by comparing Anderson, Indiana 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 + 80.34% (+ 5.74% yearly) for the Anderson, Indiana MSA.
The entire state of IN had + 70.88% appreciation (+ 5.06% yearly).
The Anderson, Indiana MSA beat out the state. by + 13.35% appreciation.
Anderson-IN
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Anderson, Indiana .
Lets look at Elwood, Indiana, a city located in Anderson, Indiana MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Elwood, Indiana check out Spec-Loan.com
If you were going to do a Elwood, Indiana Refinance, or Elwood, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Elwood, Indiana home was worth $97,000.00 in 1992, you could multiply by + 80.34%, add the gain and see the home should be worth $174,932.99 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-IN from 1992 to 2005:
+ 5.74%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1992 to 2005 were Binghamton-NY, Rochester-NY, Elmira-NY, Utica-Rome-NY, and Syracuse-NY .
- Binghamton-NY only increased + 32.37% between 1992 and 2005
- Rochester-NY only increased + 32.70% between 1992 and 2005
- Elmira-NY only increased + 36.26% between 1992 and 2005
- Utica-Rome-NY only increased + 38.12% between 1992 and 2005
- Syracuse-NY only increased + 38.97% between 1992 and 2005
The worst perfoming MSAs ever for a 14 year period, were Midland-TX, Midland-TX, Odessa-TX, Midland-TX, and Midland-TX .
- Midland-TX lost - 26.68% from 1982 to 1995
- Midland-TX lost - 24.58% from 1983 thru 1996
- Odessa-TX lost - 17.25% from 1984 thru 1997
- Midland-TX lost - 13.75% from 1984 thru 1997
- Midland-TX lost - 6.03% from 1986 thru 1999
Zip Code in MSA: 46036 - ELWOOD, IN
MSA Pop: 131121Zip Pop: 13029
Avg Value: 68100
County: MADISON
Elev: 874
Region: Midwest
Lat: 40.27548
Long: -85.83846