Real Estate Appreciation for Canton Massillon, Ohio: + 25.51%
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 + 25.51% (+ 6.38% yearly).
All of the property in OH averaged + 19.73% change in value (+ 4.93% 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% |
| 1998 | 1 | 120.19 | + 1.37% | + 5.50% |
| 1998 | 2 | 121.77 | + 1.31% | + 5.26% |
| 1998 | 3 | 122.88 | + 0.91% | + 3.65% |
| 1998 | 4 | 125.51 | + 2.14% | + 8.56% |
Lets look at Augusta, 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 Augusta, Ohio Refinance, or Augusta, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your Augusta, Ohio home was worth $93,000.00 in 1995, you could multiply by + 25.51%, add the gain and see the home should be worth $116,724.30 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Canton-Massillon-OH from 1995 to 1998:
+ 6.38%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
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