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 + 4.79% (+ 2.39% yearly) for the period between 2001 and the end of 2002.

The state had + 6.31% total appreciation (+ 3.16% 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 + 31.84% faster than this MSA.

Bowling-Green-KY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


Lets look at Bowling Green, Kentucky, a city located in Bowling Green, Kentucky 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 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 $103,000.00 in 2001, you could multiply by + 4.79%, add the gain and see the home should be worth $107,930.40 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bowling-Green-KY from 2001 to 2002:
+ 2.39%

Appreciation Comparisons

The worst 5 MSAs from 2001 to 2002 were Jacksonville-NC, Provo-Orem-UT, Ogden-Clearfield-UT, Lewiston-ID-WA, and Columbus-IN .

  1. Jacksonville-NC only increased + 1.98% between 2001 and 2002
  2. Provo-Orem-UT only increased + 2.30% between 2001 and 2002
  3. Ogden-Clearfield-UT only increased + 2.59% between 2001 and 2002
  4. Lewiston-ID-WA only increased + 2.59% between 2001 and 2002
  5. Columbus-IN only increased + 2.60% between 2001 and 2002

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 .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. 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 .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 42101 - BOWLING GREEN, KY

MSA Pop: 107647
Zip Pop: 49351
Avg Value: 76000
County: WARREN
Elev: 529
Region: South
Lat: 37.01624
Long: -86.461229