Real Estate Appreciation for Canton Massillon, Ohio: + 11.15%
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 + 11.15% (+ 2.79% yearly) for the Canton Massillon, Ohio MSA.
The entire state of OH had + 14.63% appreciation (+ 3.66% 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 + 31.24%.
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% |
| 2004 | 1 | 151.27 | + 1.06% | + 4.25% |
| 2004 | 2 | 151.18 | - 0.06% | - 0.24% |
| 2004 | 3 | 150.73 | - 0.30% | - 1.19% |
| 2004 | 4 | 152.74 | + 1.33% | + 5.33% |
| 2005 | 1 | 154.77 | + 1.33% | + 5.32% |
| 2005 | 2 | 156.18 | + 0.91% | + 3.64% |
| 2005 | 3 | 156.91 | + 0.47% | + 1.87% |
| 2005 | 4 | 157.23 | + 0.20% | + 0.82% |
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 $107,000.00 in 2002, you could multiply by + 11.15%, add the gain and see the home should be worth $118,928.39 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Canton-Massillon-OH from 2002 to 2005:
+ 2.79%
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