Real Estate Appreciation for Canton Massillon, Ohio: + 18.56%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Canton Massillon, Ohio did compared to the state as a whole.
The Canton Massillon, Ohio MSA property value change was + 18.56% (+ 6.19% yearly).
All of the property in OH averaged + 14.48% change in value (+ 4.83% yearly).
Canton-Massillon-OH
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1997 | 1 | 113.64 | + 1.89% | + 7.57% |
| 1997 | 2 | 114.86 | + 1.07% | + 4.29% |
| 1997 | 3 | 116.1 | + 1.08% | + 4.32% |
| 1997 | 4 | 118.56 | + 2.12% | + 8.48% |
Lets look at Alliance, Ohio, a city located in Canton Massillon, Ohio 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 Alliance, Ohio Refinance, or Alliance, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your Alliance, Ohio home was worth $92,000.00 in 1995, you could multiply by + 18.56%, add the gain and see the home should be worth $109,075.20 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Canton-Massillon-OH from 1995 to 1997:
+ 6.19%
Appreciation Comparisons
The worst 5 MSAs from 1995 to 1997 were Honolulu-HI, Utica-Rome-NY, Odessa-TX, Laredo-TX, and Madera-CA .
- Honolulu-HI decreased by - 12.82% between 1995 and 1997
- Utica-Rome-NY decreased by - 6.03% between 1995 and 1997
- Odessa-TX decreased by - 0.73% between 1995 and 1997
- Laredo-TX decreased by - 0.27% between 1995 and 1997
- Madera-CA decreased by - 0.18% between 1995 and 1997
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: 44601 - ALLIANCE, OH
MSA Pop: 407118Zip Pop: 37071
Avg Value: 82900
County: STARK
Elev: 1030
Region: Midwest
Lat: 40.918086
Long: -81.133545