Real Estate Appreciation for Anderson, Indiana: + 6.47%
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 + 6.47% (+ 1.29% yearly) for the Anderson, Indiana MSA.
The entire state of IN had + 15.45% appreciation (+ 3.09% 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 +138.72%.
Anderson-IN
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 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 $108,000.00 in 2002, you could multiply by + 6.47%, add the gain and see the home should be worth $114,989.67 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-IN from 2002 to 2006:
+ 1.29%
Appreciation Comparisons
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
The top 5 performing MSAs from 2002 to 2006 were Bakersfield-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, Fresno-CA, and Naples-Marco-Island-FL .
- Bakersfield-CA increased +135.54% from 2002 to the end of 2006
- Madera-CA increased +131.62% from 2002 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +130.28% from 2002 to the end of 2006
- Fresno-CA increased +126.76% from 2002 to the end of 2006
- Naples-Marco-Island-FL increased +121.87% from 2002 to the end of 2006
Zip Code in MSA: 46013 - ANDERSON, IN
MSA Pop: 131121Zip Pop: 17367
Avg Value: 79100
County: MADISON
Elev: 874
Region: Midwest
Lat: 40.0564
Long: -85.6781