Real Estate Appreciation for Cincinnati Middletown, Ohio, Kentucky, Indiana: + 12.36%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Cincinnati Middletown, Ohio, Kentucky, Indiana did compared to the state as a whole.
The Cincinnati Middletown, Ohio, Kentucky, Indiana MSA property value change was + 12.36% (+ 4.12% yearly).
All of the property in OH averaged + 14.48% change in value (+ 4.83% yearly).
Cincinnati-Middletown-OH-KY-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1997 | 1 | 108.56 | + 0.84% | + 3.34% |
| 1997 | 2 | 109.86 | + 1.20% | + 4.79% |
| 1997 | 3 | 111.29 | + 1.30% | + 5.21% |
| 1997 | 4 | 112.36 | + 0.96% | + 3.85% |
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 Cincinnati-Middletown-OH-KY-IN 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 Union, Ohio Refinance, or Union, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your Union, Ohio home was worth $92,000.00 in 1995, you could multiply by + 12.36%, add the gain and see the home should be worth $103,371.20 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cincinnati-Middletown-OH-KY-IN from 1995 to 1997:
+ 4.12%
Appreciation Comparisons
The worst 5 MSAs from 1995 to 1997 were Honolulu-HI, Utica-Rome-NY, Odessa-TX, Laredo-TX, and Madera-CA .
- Honolulu-HI decreased by - 12.82% between 1995 and 1997
- Utica-Rome-NY decreased by - 6.03% between 1995 and 1997
- Odessa-TX decreased by - 0.73% between 1995 and 1997
- Laredo-TX decreased by - 0.27% between 1995 and 1997
- Madera-CA decreased by - 0.18% between 1995 and 1997
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 41091 - UNION, KY
MSA Pop: 2047333Zip Pop: 11208
Avg Value: 176500
County: BOONE
Elev: 846
Region: South
Lat: 38.9277
Long: -84.71754