Real Estate Appreciation for Canton Massillon, Ohio: + 10.05%
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 + 10.05% (+ 2.01% yearly) for the Canton Massillon, Ohio MSA.
The entire state of OH had + 15.36% appreciation (+ 3.07% 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 + 52.79%.
Canton-Massillon-OH
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Canton Massillon, Ohio .
Lets look at Beach City, 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 Beach City, Ohio check out Spec-Loan.com
If you were going to do a Beach City, Ohio Refinance, or Beach City, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your Beach City, Ohio home was worth $108,000.00 in 2002, you could multiply by + 10.05%, add the gain and see the home should be worth $118,856.50 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Canton-Massillon-OH from 2002 to 2006:
+ 2.01%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2002 to 2006 were Kokomo-IN, Anderson-IN, Lafayette-IN, Saginaw-Saginaw-Township-North-MI, and Muncie-IN .
- Kokomo-IN only increased + 4.72% between 2002 and 2006
- Anderson-IN only increased + 6.47% between 2002 and 2006
- Lafayette-IN only increased + 6.55% between 2002 and 2006
- Saginaw-Saginaw-Township-North-MI only increased + 8.62% between 2002 and 2006
- Muncie-IN only increased + 8.71% between 2002 and 2006
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
Zip Code in MSA: 44608 - BEACH CITY, OH
MSA Pop: 407118Zip Pop: 2651
Avg Value: 75400
County: STARK
Elev: 1030
Region: Midwest
Lat: 40.656246
Long: -81.584791