Real Estate Appreciation for Cincinnati Middletown, Ohio, Kentucky, Indiana: + 11.67%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Cincinnati Middletown, Ohio, Kentucky, Indiana: + 11.67%
- State of OH: + 12.41%
- Difference: - 5.97%
Cincinnati-Middletown-OH-KY-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1998 | 1 | 113.72 | + 1.21% | + 4.84% |
| 1998 | 2 | 115.11 | + 1.22% | + 4.89% |
| 1998 | 3 | 116.27 | + 1.01% | + 4.03% |
| 1998 | 4 | 117.58 | + 1.13% | + 4.51% |
Some of the ways peope use our appreciation data for Cincinnati Middletown, Ohio, Kentucky, Indiana include real estate investment .
Lets look at Union, Ohio, a city located in Cincinnati Middletown, Ohio, Kentucky, Indiana MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Ohio check out 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 $94,000.00 in 1996, you could multiply by + 11.67%, add the gain and see the home should be worth $104,972.17 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cincinnati-Middletown-OH-KY-IN from 1996 to 1998:
+ 3.89%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1996 to 1998 were Honolulu-HI, Buffalo-Niagara-Falls-NY, Albany-Schenectady-Troy-NY, Utica-Rome-NY, and El-Paso-TX .
- Honolulu-HI decreased by - 11.67% between 1996 and 1998
- Buffalo-Niagara-Falls-NY decreased by - 0.04% between 1996 and 1998
- Albany-Schenectady-Troy-NY only increased + 0.13% between 1996 and 1998
- Utica-Rome-NY only increased + 0.29% between 1996 and 1998
- El-Paso-TX only increased + 0.32% between 1996 and 1998
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