Real Estate Appreciation for Baltimore Towson, Maryland: + 23.85%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Baltimore Towson, Maryland did compared to the state as a whole.
The Baltimore Towson, Maryland MSA property value change was + 23.85% (+ 4.77% yearly).
All of the property in MD averaged + 25.01% change in value (+ 5.00% yearly).
Baltimore-Towson-MD
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
Lets look at Laurel, Maryland, a city located in Baltimore Towson, Maryland MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Laurel, Maryland Refinance, or Laurel, Maryland Reverse Mortgages, you could estimate your home value.
If you knew your Laurel, Maryland home was worth $98,000.00 in 1997, you could multiply by + 23.85%, add the gain and see the home should be worth $121,371.17 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Baltimore-Towson-MD from 1997 to 2001:
+ 4.77%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 2001 were Santa-Cruz-Watsonville-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Salinas-CA, Santa-Rosa-Petaluma-CA, and Barnstable-Town-MA .
- Santa-Cruz-Watsonville-CA increased + 85.74% from 1997 to the end of 2001
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 84.16% from 1997 to the end of 2001
- Salinas-CA increased + 77.44% from 1997 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 75.85% from 1997 to the end of 2001
- Barnstable-Town-MA increased + 75.70% from 1997 to the end of 2001
Zip Code in MSA: 20723 - LAUREL, MD
MSA Pop: 2616229Zip Pop: 24079
Avg Value: 166600
County: HOWARD
Elev: 233
Region: South
Lat: 39.132157
Long: -76.860248