Real Estate Appreciation for Battle Creek, Michigan: + 16.37%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Battle Creek, Michigan did compared to the state as a whole.
The Battle Creek, Michigan MSA property value change was + 16.37% (+ 8.19% yearly).
All of the property in MI averaged + 14.19% change in value (+ 7.10% yearly).
Battle-Creek-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 104.63 | + 4.63% | + 18.52% |
| 1995 | 3 | 106.81 | + 2.08% | + 8.33% |
| 1995 | 4 | 107.6 | + 0.74% | + 2.96% |
| 1996 | 1 | 109.88 | + 2.12% | + 8.48% |
| 1996 | 2 | 112.5 | + 2.38% | + 9.54% |
| 1996 | 3 | 114.31 | + 1.61% | + 6.44% |
| 1996 | 4 | 116.37 | + 1.80% | + 7.21% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Battle-Creek-MI here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Michigan, you can do some research at Spec-Loan.com.
If you were going to do a Athens, Michigan Refinance, or Athens, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Athens, Michigan home was worth $91,000.00 in 1995, you could multiply by + 16.37%, add the gain and see the home should be worth $105,896.70 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Battle-Creek-MI from 1995 to 1996:
+ 8.19%
Appreciation Comparisons
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
The top 5 performing MSAs from 1995 to 1996 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Pittsfield-MA, Danville-IL, and Bay-City-MI .
- Salt-Lake-City-UT increased + 17.55% from 1995 to the end of 1996
- Ogden-Clearfield-UT increased + 17.36% from 1995 to the end of 1996
- Pittsfield-MA increased + 17.05% from 1995 to the end of 1996
- Danville-IL increased + 16.75% from 1995 to the end of 1996
- Bay-City-MI increased + 16.66% from 1995 to the end of 1996
Zip Code in MSA: 49011 - ATHENS, MI
MSA Pop: 138854Zip Pop: 2237
Avg Value: 82400
County: CALHOUN
Elev: 898
Region: Midwest
Lat: 42.09827
Long: -85.221942