Real Estate Appreciation for Bowling Green, Kentucky: + 12.15%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Bowling Green, Kentucky MSA appreciated + 12.15% (+ 4.05% yearly) between 2003 and the end of 2005.
The state of KY had + 14.87% total appreciation (+ 4.96% yearly).
The state average for Kentucky was higher than the real estate appreciation in the Bowling Green, Kentucky MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 22.34% faster than this MSA.
Bowling-Green-KY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 129.45 | + 1.09% | + 4.34% |
| 2003 | 3 | 130.36 | + 0.70% | + 2.81% |
| 2003 | 4 | 131.19 | + 0.64% | + 2.55% |
| 2004 | 1 | 133.72 | + 1.93% | + 7.71% |
| 2004 | 2 | 133.77 | + 0.04% | + 0.15% |
| 2004 | 3 | 134.62 | + 0.64% | + 2.54% |
| 2004 | 4 | 137.06 | + 1.81% | + 7.25% |
| 2005 | 1 | 138.4 | + 0.98% | + 3.91% |
| 2005 | 2 | 140.54 | + 1.55% | + 6.18% |
| 2005 | 3 | 145.01 | + 3.18% | + 12.72% |
| 2005 | 4 | 143.62 | - 0.96% | - 3.83% |
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 $108,000.00 in 2003, you could multiply by + 12.15%, add the gain and see the home should be worth $121,122.60 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bowling-Green-KY from 2003 to 2005:
+ 4.05%
Appreciation Comparisons
The worst 5 MSAs from 2003 to 2005 were Burlington-NC, Lafayette-IN, Jonesboro-AR, Anderson-IN, and Rocky-Mount-NC .
- Burlington-NC only increased + 3.06% between 2003 and 2005
- Lafayette-IN only increased + 4.69% between 2003 and 2005
- Jonesboro-AR only increased + 5.04% between 2003 and 2005
- Anderson-IN only increased + 5.16% between 2003 and 2005
- Rocky-Mount-NC only increased + 5.82% between 2003 and 2005
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
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
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