Real Estate Appreciation for Anderson, Indiana: + 18.66%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Anderson, Indiana did compared to the state as a whole.
The Anderson, Indiana MSA property value change was + 18.66% (+ 6.22% yearly).
All of the property in IN averaged + 14.21% change in value (+ 4.74% yearly).
Anderson-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 103.31 | + 3.31% | + 13.24% |
| 1995 | 3 | 104.43 | + 1.08% | + 4.34% |
| 1995 | 4 | 106.17 | + 1.67% | + 6.66% |
| 1996 | 1 | 109.22 | + 2.87% | + 11.49% |
| 1996 | 2 | 109.63 | + 0.38% | + 1.50% |
| 1996 | 3 | 112.18 | + 2.33% | + 9.30% |
| 1996 | 4 | 112.1 | - 0.07% | - 0.29% |
| 1997 | 1 | 115.81 | + 3.31% | + 13.24% |
| 1997 | 2 | 114.04 | - 1.53% | - 6.11% |
| 1997 | 3 | 117.18 | + 2.75% | + 11.01% |
| 1997 | 4 | 118.66 | + 1.26% | + 5.05% |
Some of the ways peope use our appreciation data for Anderson, Indiana include real estate investment .
Lets look at Anderson, Indiana, a city located in Anderson, Indiana MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Indiana check out Spec-Loan.com
If you were going to do a Anderson, Indiana Refinance, or Anderson, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Anderson, Indiana home was worth $92,000.00 in 1995, you could multiply by + 18.66%, add the gain and see the home should be worth $109,167.20 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-IN from 1995 to 1997:
+ 6.22%
Appreciation Comparisons
The worst 5 MSAs from 1995 to 1997 were Honolulu-HI, Utica-Rome-NY, Odessa-TX, Laredo-TX, and Madera-CA .
- Honolulu-HI decreased by - 12.82% between 1995 and 1997
- Utica-Rome-NY decreased by - 6.03% between 1995 and 1997
- Odessa-TX decreased by - 0.73% between 1995 and 1997
- Laredo-TX decreased by - 0.27% between 1995 and 1997
- 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 .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- 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 .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 46011 - ANDERSON, IN
MSA Pop: 131121Zip Pop: 17230
Avg Value: 93300
County: MADISON
Elev: 874
Region: Midwest
Lat: 40.1311
Long: -85.7639