Real Estate Appreciation for Bowling Green, Kentucky: + 10.97%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Bowling Green, Kentucky MSA appreciated + 10.97% (+ 2.74% yearly) for the period between 1999 and the end of 2002.
The state had + 16.45% total appreciation (+ 4.11% yearly).
The state average for Kentucky was higher than the real estate appreciation in the Bowling Green, Kentucky MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 49.96% faster than this MSA.
Bowling-Green-KY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 115.8 | + 0.17% | + 0.69% |
| 1999 | 3 | 115.71 | - 0.08% | - 0.31% |
| 1999 | 4 | 116.53 | + 0.71% | + 2.83% |
| 2000 | 1 | 117 | + 0.40% | + 1.61% |
| 2000 | 2 | 118.33 | + 1.14% | + 4.55% |
| 2000 | 3 | 117.71 | - 0.52% | - 2.10% |
| 2000 | 4 | 119.56 | + 1.57% | + 6.29% |
| 2001 | 1 | 122.42 | + 2.39% | + 9.57% |
| 2001 | 2 | 123.02 | + 0.49% | + 1.96% |
| 2001 | 3 | 123.57 | + 0.45% | + 1.79% |
| 2001 | 4 | 125.26 | + 1.37% | + 5.47% |
| 2002 | 1 | 124.72 | - 0.43% | - 1.72% |
| 2002 | 2 | 124.49 | - 0.18% | - 0.74% |
| 2002 | 3 | 126.99 | + 2.01% | + 8.03% |
| 2002 | 4 | 128.28 | + 1.02% | + 4.06% |
There are a lot of ways to use the appreciation data for Bowling Green, Kentucky .
Lets look at Bowling Green, Kentucky, a city located in Bowling Green, Kentucky 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 Bowling Green, Kentucky check out Spec-Loan.com
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 $101,000.00 in 1999, you could multiply by + 10.97%, add the gain and see the home should be worth $112,078.55 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bowling-Green-KY from 1999 to 2002:
+ 2.74%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1999 to 2002 were Ogden-Clearfield-UT, Lewiston-ID-WA, Midland-TX, Coeur-d'Alene-ID, and Lawton-OK .
- Ogden-Clearfield-UT only increased + 5.18% between 1999 and 2002
- Lewiston-ID-WA only increased + 5.52% between 1999 and 2002
- Midland-TX only increased + 6.09% between 1999 and 2002
- Coeur-d'Alene-ID only increased + 6.12% between 1999 and 2002
- Lawton-OK only increased + 6.71% between 1999 and 2002
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
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