Real Estate Appreciation for Canton Massillon, Ohio: + 24.56%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Canton Massillon, Ohio MSA appreciated + 24.56% (+ 6.14% yearly) between 1993 and the end of 1996.
The state of OH had + 18.69% total appreciation (+ 4.67% yearly).
The Canton Massillon, Ohio MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 31.40% faster than the state as a whole.
Canton-Massillon-OH
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 91.15 | + 1.80% | + 7.19% |
| 1993 | 3 | 92.9 | + 1.92% | + 7.68% |
| 1993 | 4 | 94.37 | + 1.58% | + 6.33% |
| 1994 | 1 | 95.06 | + 0.73% | + 2.92% |
| 1994 | 2 | 97.15 | + 2.20% | + 8.79% |
| 1994 | 3 | 97.99 | + 0.86% | + 3.46% |
| 1994 | 4 | 99.1 | + 1.13% | + 4.53% |
| 1995 | 1 | 100 | + 0.91% | + 3.63% |
| 1995 | 2 | 102.3 | + 2.30% | + 9.20% |
| 1995 | 3 | 104.86 | + 2.50% | + 10.01% |
| 1995 | 4 | 106.24 | + 1.32% | + 5.26% |
| 1996 | 1 | 108.66 | + 2.28% | + 9.11% |
| 1996 | 2 | 108.12 | - 0.50% | - 1.99% |
| 1996 | 3 | 109.82 | + 1.57% | + 6.29% |
| 1996 | 4 | 111.53 | + 1.56% | + 6.23% |
There are a lot of ways to use the appreciation data for Canton Massillon, Ohio .
Lets look at Augusta, Ohio, a city located in Canton Massillon, Ohio 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 Augusta, Ohio check out Spec-Loan.com
If you were going to do a Augusta, Ohio Refinance, or Augusta, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your Augusta, Ohio home was worth $89,000.00 in 1993, you could multiply by + 24.56%, add the gain and see the home should be worth $110,857.38 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Canton-Massillon-OH from 1993 to 1996:
+ 6.14%
Appreciation Comparisons
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
The top 5 performing MSAs from 1993 to 1996 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Greeley-CO .
- Salt-Lake-City-UT increased + 55.78% from 1993 to the end of 1996
- Provo-Orem-UT increased + 52.50% from 1993 to the end of 1996
- Ogden-Clearfield-UT increased + 51.69% from 1993 to the end of 1996
- Logan-UT-ID increased + 43.02% from 1993 to the end of 1996
- Greeley-CO increased + 41.92% from 1993 to the end of 1996
Zip Code in MSA: 44607 - AUGUSTA, OH
MSA Pop: 407118Zip Pop: 0
Avg Value: 0
County: CARROLL
Elev: 1130
Region: Midwest
Lat: 40.681877
Long: -81.019704