Real Estate Appreciation for Anderson, Indiana: + 25.74%
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 + 25.74% (+ 3.68% yearly).
All of the property in IN averaged + 27.29% change in value (+ 3.90% yearly).
Anderson-IN
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
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 $100,000.00 in 1997, you could multiply by + 25.74%, add the gain and see the home should be worth $125,740.44 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-IN from 1997 to 2003:
+ 3.68%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1997 to 2003 were Springfield-IL, Wenatchee-WA, Lewiston-ID-WA, Fayetteville-NC, and Ogden-Clearfield-UT .
- Springfield-IL only increased + 14.58% between 1997 and 2003
- Wenatchee-WA only increased + 14.71% between 1997 and 2003
- Lewiston-ID-WA only increased + 15.12% between 1997 and 2003
- Fayetteville-NC only increased + 15.26% between 1997 and 2003
- Ogden-Clearfield-UT only increased + 15.70% between 1997 and 2003
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 46015 - ANDERSON, IN
MSA Pop: 131121Zip Pop: 0
Avg Value: 0
County: MADISON
Elev: 874
Region: Midwest
Lat: 40.10592
Long: -85.67838