Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Anderson, Indiana MSA appreciated + 11.68% (+ 3.89% yearly) for the period between 1999 and the end of 2001.

The state had + 10.42% total appreciation (+ 3.47% yearly). The Anderson, Indiana MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Anderson-IN

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1999 2 126.45 + 0.76% + 3.03%
1999 3 126.47 + 0.02% + 0.06%
1999 4 127.83 + 1.08% + 4.30%
2000 1 128.99 + 0.91% + 3.63%
2000 2 128.92 - 0.05% - 0.22%
2000 3 132.11 + 2.47% + 9.90%
2000 4 132.47 + 0.27% + 1.09%
2001 1 135.61 + 2.37% + 9.48%
2001 2 137.69 + 1.53% + 6.14%
2001 3 138.57 + 0.64% + 2.56%
2001 4 140.16 + 1.15% + 4.59%


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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 1999, you could multiply by + 11.68%, add the gain and see the home should be worth $111,681.27 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Anderson-IN from 1999 to 2001:
+ 3.89%

Appreciation Comparisons

The top 5 performing MSAs from 1999 to 2001 were Salinas-CA, Santa-Rosa-Petaluma-CA, Vallejo-Fairfield-CA, Barnstable-Town-MA, and Santa-Cruz-Watsonville-CA .

  1. Salinas-CA increased + 55.48% from 1999 to the end of 2001
  2. Santa-Rosa-Petaluma-CA increased + 53.43% from 1999 to the end of 2001
  3. Vallejo-Fairfield-CA increased + 52.75% from 1999 to the end of 2001
  4. Barnstable-Town-MA increased + 51.91% from 1999 to the end of 2001
  5. Santa-Cruz-Watsonville-CA increased + 51.50% from 1999 to the end of 2001

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 .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

Zip Code in MSA: 46011 - ANDERSON, IN

MSA Pop: 131121
Zip Pop: 17230
Avg Value: 93300
County: MADISON
Elev: 874
Region: Midwest
Lat: 40.1311
Long: -85.7639