Real Estate Appreciation for Anderson, Indiana: + 10.38%
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 + 10.38% (+ 3.46% yearly).
All of the property in IN averaged + 10.55% change in value (+ 3.52% yearly).
Anderson-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 114.04 | - 1.53% | - 6.11% |
| 1997 | 3 | 117.18 | + 2.75% | + 11.01% |
| 1997 | 4 | 118.66 | + 1.26% | + 5.05% |
| 1998 | 1 | 121.82 | + 2.66% | + 10.65% |
| 1998 | 2 | 123.44 | + 1.33% | + 5.32% |
| 1998 | 3 | 124.01 | + 0.46% | + 1.85% |
| 1998 | 4 | 125.29 | + 1.03% | + 4.13% |
| 1999 | 1 | 125.5 | + 0.17% | + 0.67% |
| 1999 | 2 | 126.45 | + 0.76% | + 3.03% |
| 1999 | 3 | 126.47 | + 0.02% | + 0.06% |
| 1999 | 4 | 127.83 | + 1.08% | + 4.30% |
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 $96,000.00 in 1997, you could multiply by + 10.38%, add the gain and see the home should be worth $105,963.91 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-IN from 1997 to 1999:
+ 3.46%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1997 to 1999 were Honolulu-HI, Williamsport-PA, Buffalo-Niagara-Falls-NY, Ithaca-NY, and Reading-PA .
- Honolulu-HI decreased by - 5.64% between 1997 and 1999
- Williamsport-PA decreased by - 0.53% between 1997 and 1999
- Buffalo-Niagara-Falls-NY only increased + 0.14% between 1997 and 1999
- Ithaca-NY only increased + 0.26% between 1997 and 1999
- Reading-PA only increased + 1.79% between 1997 and 1999
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