Real Estate Appreciation for Bowling Green, Kentucky: + 8.80%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Bowling Green, Kentucky did compared to the state as a whole.
The Bowling Green, Kentucky MSA property value change was + 8.80% (+ 2.93% yearly).
All of the property in KY averaged + 11.80% change in value (+ 3.93% yearly).
Bowling-Green-KY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 107.37 | + 0.25% | + 1.01% |
| 1997 | 3 | 109.81 | + 2.27% | + 9.09% |
| 1997 | 4 | 111.1 | + 1.17% | + 4.70% |
| 1998 | 1 | 112.04 | + 0.85% | + 3.38% |
| 1998 | 2 | 112.73 | + 0.62% | + 2.46% |
| 1998 | 3 | 113.49 | + 0.67% | + 2.70% |
| 1998 | 4 | 114.68 | + 1.05% | + 4.19% |
| 1999 | 1 | 115.6 | + 0.80% | + 3.21% |
| 1999 | 2 | 115.8 | + 0.17% | + 0.69% |
| 1999 | 3 | 115.71 | - 0.08% | - 0.31% |
| 1999 | 4 | 116.53 | + 0.71% | + 2.83% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Bowling Green, Kentucky click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Bowling Green, Kentucky.
If you were going to do a Bowling Green, Kentucky Refinance, or Bowling Green, Kentucky Reverse Mortgages, you could estimate your home value.
If you knew your Bowling Green, Kentucky home was worth $96,000.00 in 1997, you could multiply by + 8.80%, add the gain and see the home should be worth $104,452.66 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bowling-Green-KY from 1997 to 1999:
+ 2.93%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 41.42% from 1997 to the end of 1999
- Santa-Cruz-Watsonville-CA increased + 41.11% from 1997 to the end of 1999
- Barnstable-Town-MA increased + 32.18% from 1997 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 29.26% from 1997 to the end of 1999
- Napa-CA increased + 28.79% from 1997 to the end of 1999
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
Zip Code in MSA: 42101 - BOWLING GREEN, KY
MSA Pop: 107647Zip Pop: 49351
Avg Value: 76000
County: WARREN
Elev: 529
Region: South
Lat: 37.01624
Long: -86.461229