Real Estate Appreciation for Canton Massillon, Ohio: + 5.81%
Appreciation for MSAs:.
Let's start by comparing Canton Massillon, Ohio to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 5.81% (+ 2.91% yearly) for the Canton Massillon, Ohio MSA.
The entire state of OH had + 6.30% appreciation (+ 3.15% yearly).
The state average for Ohio was higher than the real estate appreciation in the Canton Massillon, Ohio MSA. This means the conditions in the MSA for real estate investment were worse by + 8.50%.
Canton-Massillon-OH
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 141.09 | - 0.26% | - 1.05% |
| 2002 | 3 | 143.99 | + 2.06% | + 8.22% |
| 2002 | 4 | 144.32 | + 0.23% | + 0.92% |
| 2003 | 1 | 146.18 | + 1.29% | + 5.16% |
| 2003 | 2 | 147.77 | + 1.09% | + 4.35% |
| 2003 | 3 | 147.95 | + 0.12% | + 0.49% |
| 2003 | 4 | 149.68 | + 1.17% | + 4.68% |
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 $105,000.00 in 2002, you could multiply by + 5.81%, add the gain and see the home should be worth $111,101.37 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Canton-Massillon-OH from 2002 to 2003:
+ 2.91%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2003 were Fresno-CA, Yuba-City-CA, Chico-CA, Madera-CA, and Redding-CA .
- Fresno-CA increased + 36.89% from 2002 to the end of 2003
- Yuba-City-CA increased + 35.43% from 2002 to the end of 2003
- Chico-CA increased + 35.05% from 2002 to the end of 2003
- Madera-CA increased + 34.32% from 2002 to the end of 2003
- Redding-CA increased + 34.01% from 2002 to the end of 2003
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