Real Estate Appreciation for Anderson, Indiana: + 8.50%
Appreciation for MSAs:.
Let's start by comparing Anderson, Indiana to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 8.50% (+ 2.13% yearly) for the Anderson, Indiana MSA.
The entire state of IN had + 13.78% appreciation (+ 3.45% yearly).
The state average for Indiana was higher than the real estate appreciation in the Anderson, Indiana MSA. This means the conditions in the MSA for real estate investment were worse by + 62.11%.
Anderson-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 141.73 | + 0.25% | + 0.99% |
| 2002 | 3 | 142.32 | + 0.42% | + 1.67% |
| 2002 | 4 | 143.79 | + 1.03% | + 4.13% |
| 2003 | 1 | 145.87 | + 1.45% | + 5.79% |
| 2003 | 2 | 145.2 | - 0.46% | - 1.84% |
| 2003 | 3 | 146.79 | + 1.10% | + 4.38% |
| 2003 | 4 | 145.62 | - 0.80% | - 3.19% |
| 2004 | 1 | 147.46 | + 1.26% | + 5.05% |
| 2004 | 2 | 144.27 | - 2.16% | - 8.65% |
| 2004 | 3 | 148.62 | + 3.02% | + 12.06% |
| 2004 | 4 | 151.4 | + 1.87% | + 7.48% |
| 2005 | 1 | 149.44 | - 1.29% | - 5.18% |
| 2005 | 2 | 149.43 | - 0.01% | - 0.03% |
| 2005 | 3 | 153.96 | + 3.03% | + 12.13% |
| 2005 | 4 | 153.4 | - 0.36% | - 1.45% |
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 $107,000.00 in 2002, you could multiply by + 8.50%, add the gain and see the home should be worth $116,097.04 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-IN from 2002 to 2005:
+ 2.13%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2005 were Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Yuba-City-CA .
- Bakersfield-CA increased +116.36% from 2002 to the end of 2005
- Fresno-CA increased +116.09% from 2002 to the end of 2005
- Madera-CA increased +114.32% from 2002 to the end of 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 to the end of 2005
- Yuba-City-CA increased +108.89% from 2002 to the end of 2005
Zip Code in MSA: 46012 - ANDERSON, IN
MSA Pop: 131121Zip Pop: 20986
Avg Value: 85200
County: MADISON
Elev: 874
Region: Midwest
Lat: 40.1396
Long: -85.6271