Real Estate Appreciation for Bay City, Michigan: + 16.66%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Bay City, Michigan did compared to the state as a whole.
The Bay City, Michigan MSA property value change was + 16.66% (+ 8.33% yearly).
All of the property in MI averaged + 14.19% change in value (+ 7.10% yearly).
Bay-City-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 102.81 | + 2.81% | + 11.24% |
| 1995 | 3 | 104.28 | + 1.43% | + 5.72% |
| 1995 | 4 | 109.07 | + 4.59% | + 18.37% |
| 1996 | 1 | 109.67 | + 0.55% | + 2.20% |
| 1996 | 2 | 112.44 | + 2.53% | + 10.10% |
| 1996 | 3 | 114.19 | + 1.56% | + 6.23% |
| 1996 | 4 | 116.66 | + 2.16% | + 8.65% |
Some of the ways peope use our appreciation data for Bay City, Michigan include real estate investment .
Lets look at Auburn, Michigan, a city located in Bay City, Michigan MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Michigan check out Spec-Loan.com
If you were going to do a Auburn, Michigan Refinance, or Auburn, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Auburn, Michigan home was worth $91,000.00 in 1995, you could multiply by + 16.66%, add the gain and see the home should be worth $106,160.60 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 1995 to 1996:
+ 8.33%
Appreciation Comparisons
The worst 5 MSAs from 1995 to 1996 were Honolulu-HI, Cumberland-MD-WV, Utica-Rome-NY, Binghamton-NY, and Madera-CA .
- Honolulu-HI decreased by - 7.92% between 1995 and 1996
- Cumberland-MD-WV decreased by - 4.44% between 1995 and 1996
- Utica-Rome-NY decreased by - 4.03% between 1995 and 1996
- Binghamton-NY decreased by - 3.46% between 1995 and 1996
- Madera-CA decreased by - 3.21% between 1995 and 1996
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
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
Zip Code in MSA: 48611 - AUBURN, MI
MSA Pop: 109452Zip Pop: 5884
Avg Value: 98300
County: BAY
Elev: 594
Region: Midwest
Lat: 43.618219
Long: -84.088957