Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Anderson, Indiana MSA appreciation it was + 2.08% (+ 0.69% yearly) from 2004 to 2006.

During the same time period, IN had + 9.44% (+ 3.15% yearly). From 2004 to 2006, Indiana outperformed the individual Anderson, Indiana MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Anderson-IN

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2006 1 149.08 - 2.82% - 11.26%
2006 2 145.03 - 2.72% - 10.87%
2006 3 141.2 - 2.64% - 10.56%
2006 4 150.53 + 6.61% + 26.43%


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 $110,000.00 in 2004, you could multiply by + 2.08%, add the gain and see the home should be worth $112,290.11 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Anderson-IN from 2004 to 2006:
+ 0.69%

Appreciation Comparisons

The top 5 performing MSAs from 2004 to 2006 were Naples-Marco-Island-FL, Bakersfield-CA, Bend-OR, Phoenix-Mesa-Scottdale-AZ, and Visalia-Porterville-CA .

  1. Naples-Marco-Island-FL increased + 77.60% from 2004 to the end of 2006
  2. Bakersfield-CA increased + 77.49% from 2004 to the end of 2006
  3. Bend-OR increased + 75.09% from 2004 to the end of 2006
  4. Phoenix-Mesa-Scottdale-AZ increased + 75.00% from 2004 to the end of 2006
  5. Visalia-Porterville-CA increased + 73.18% from 2004 to the end of 2006

In contrast, the worst 5 MSAs from 2004 to 2006 were Saginaw-Saginaw-Township-North-MI, Kokomo-IN, Anderson-IN, Muncie-IN, and Lafayette-IN .

  1. Saginaw-Saginaw-Township-North-MI only increased + 0.82% between 2004 and 2006
  2. Kokomo-IN only increased + 0.99% between 2004 and 2006
  3. Anderson-IN only increased + 2.08% between 2004 and 2006
  4. Muncie-IN only increased + 2.23% between 2004 and 2006
  5. Lafayette-IN only increased + 2.44% between 2004 and 2006

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