Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Canton Massillon, Ohio MSA appreciation it was + 3.94% (+ 1.97% yearly) from 2004 to 2005.

During the same time period, OH had + 7.08% (+ 3.54% yearly). From 2004 to 2005, Ohio outperformed the individual Canton Massillon, Ohio MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Canton-Massillon-OH

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Canton-Massillon-OH here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Ohio, you can do some research at 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 $109,000.00 in 2004, you could multiply by + 3.94%, add the gain and see the home should be worth $113,294.57 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Canton-Massillon-OH from 2004 to 2005:
+ 1.97%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2004 to 2005 were Burlington-NC, Jonesboro-AR, Lafayette-IN, Rocky-Mount-NC, and Youngstown-Warren-Boardman-OH-PA .

  1. Burlington-NC only increased + 0.60% between 2004 and 2005
  2. Jonesboro-AR only increased + 2.06% between 2004 and 2005
  3. Lafayette-IN only increased + 2.12% between 2004 and 2005
  4. Rocky-Mount-NC only increased + 2.82% between 2004 and 2005
  5. Youngstown-Warren-Boardman-OH-PA only increased + 3.78% between 2004 and 2005

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 44601 - ALLIANCE, OH

MSA Pop: 407118
Zip Pop: 37071
Avg Value: 82900
County: STARK
Elev: 1030
Region: Midwest
Lat: 40.918086
Long: -81.133545