Real Estate Appreciation for Canton Massillon, Ohio: + 2.92%
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 + 2.92% (+ 0.97% yearly) from 2004 to 2006.
During the same time period, OH had + 7.77% (+ 2.59% yearly).
From 2004 to 2006, 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
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2006 | 1 | 155.68 | - 0.99% | - 3.94% |
| 2006 | 2 | 157.57 | + 1.21% | + 4.86% |
| 2006 | 3 | 155.9 | - 1.06% | - 4.24% |
| 2006 | 4 | 155.68 | - 0.14% | - 0.56% |
There are a lot of ways to use the appreciation data for Canton Massillon, Ohio .
Lets look at Alliance, 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 Alliance, Ohio 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 $110,000.00 in 2004, you could multiply by + 2.92%, add the gain and see the home should be worth $113,206.85 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Canton-Massillon-OH from 2004 to 2006:
+ 0.97%
Appreciation Comparisons
The top 5 performing MSAs from 2004 to 2006 were Naples-Marco-Island-FL, Bakersfield-CA, Bend-OR, Phoenix-Mesa-Scottdale-AZ, and Visalia-Porterville-CA .
- Naples-Marco-Island-FL increased + 77.60% from 2004 to the end of 2006
- Bakersfield-CA increased + 77.49% from 2004 to the end of 2006
- Bend-OR increased + 75.09% from 2004 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased + 75.00% from 2004 to the end of 2006
- Visalia-Porterville-CA increased + 73.18% from 2004 to the end of 2006
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