Real Estate Appreciation for Anderson, Indiana: + 32.46%
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 + 32.46% (+ 3.61% yearly).
All of the property in IN averaged + 38.03% change in value (+ 4.23% yearly).
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
There are a lot of ways to use the appreciation data for Anderson, Indiana .
Lets look at Anderson, 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 Anderson, 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 $102,000.00 in 1997, you could multiply by + 32.46%, add the gain and see the home should be worth $135,107.50 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-IN from 1997 to 2005:
+ 3.61%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 2005 were Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, Merced-CA, and Vallejo-Fairfield-CA .
- Salinas-CA increased +251.65% from 1997 to the end of 2005
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 to the end of 2005
- Napa-CA increased +217.91% from 1997 to the end of 2005
- Merced-CA increased +217.12% from 1997 to the end of 2005
- Vallejo-Fairfield-CA increased +213.81% from 1997 to the end of 2005
In contrast, the worst 5 MSAs from 1997 to 2005 were Lafayette-IN, Springfield-IL, Columbus-IN, Jonesboro-AR, and Ogden-Clearfield-UT .
- Lafayette-IN only increased + 22.26% between 1997 and 2005
- Springfield-IL only increased + 23.03% between 1997 and 2005
- Columbus-IN only increased + 24.75% between 1997 and 2005
- Jonesboro-AR only increased + 28.13% between 1997 and 2005
- Ogden-Clearfield-UT only increased + 28.52% between 1997 and 2005
Zip Code in MSA: 46017 - ANDERSON, IN
MSA Pop: 131121Zip Pop: 6392
Avg Value: 82300
County: MADISON
Elev: 874
Region: Midwest
Lat: 40.08426
Long: -85.6047