Real Estate Appreciation for Cincinnati Middletown, Ohio, Kentucky, Indiana: + 16.04%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Cincinnati Middletown, Ohio, Kentucky, Indiana MSA appreciated + 16.04% (+ 4.01% yearly) between 1993 and the end of 1996.
The state of OH had + 18.69% total appreciation (+ 4.67% yearly).
The state average for Ohio was higher than the real estate appreciation in the Cincinnati Middletown, Ohio, Kentucky, Indiana MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 16.54% faster than this MSA.
Cincinnati-Middletown-OH-KY-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 93.83 | + 1.13% | + 4.53% |
| 1993 | 3 | 94.63 | + 0.85% | + 3.41% |
| 1993 | 4 | 95.51 | + 0.93% | + 3.72% |
| 1994 | 1 | 96.88 | + 1.43% | + 5.74% |
| 1994 | 2 | 98.48 | + 1.65% | + 6.61% |
| 1994 | 3 | 98.71 | + 0.23% | + 0.93% |
| 1994 | 4 | 99.55 | + 0.85% | + 3.40% |
| 1995 | 1 | 100 | + 0.45% | + 1.81% |
| 1995 | 2 | 101.55 | + 1.55% | + 6.20% |
| 1995 | 3 | 102.89 | + 1.32% | + 5.28% |
| 1995 | 4 | 103.76 | + 0.85% | + 3.38% |
| 1996 | 1 | 105.29 | + 1.47% | + 5.90% |
| 1996 | 2 | 105.84 | + 0.52% | + 2.09% |
| 1996 | 3 | 106.4 | + 0.53% | + 2.12% |
| 1996 | 4 | 107.66 | + 1.18% | + 4.74% |
There are a lot of ways to use the appreciation data for Cincinnati Middletown, Ohio, Kentucky, Indiana .
Lets look at Verona, Ohio, a city located in Cincinnati Middletown, Ohio, Kentucky, Indiana 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 Verona, Ohio check out Spec-Loan.com
If you were going to do a Verona, Ohio Refinance, or Verona, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your Verona, Ohio home was worth $89,000.00 in 1993, you could multiply by + 16.04%, add the gain and see the home should be worth $103,273.77 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cincinnati-Middletown-OH-KY-IN from 1993 to 1996:
+ 4.01%
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: 41092 - VERONA, KY
MSA Pop: 2047333Zip Pop: 2212
Avg Value: 101500
County: BOONE
Elev: 846
Region: South
Lat: 38.825302
Long: -84.680403