Real Estate Appreciation for Cincinnati Middletown, Ohio, Kentucky, Indiana: + 18.87%
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 + 18.87% (+ 4.72% yearly).
All of the property in OH averaged + 16.60% change in value (+ 4.15% yearly).
Cincinnati-Middletown-OH-KY-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1999 | 1 | 118.89 | + 1.11% | + 4.46% |
| 1999 | 2 | 120.43 | + 1.30% | + 5.18% |
| 1999 | 3 | 121.28 | + 0.71% | + 2.82% |
| 1999 | 4 | 121.85 | + 0.47% | + 1.88% |
| 2000 | 1 | 123.9 | + 1.68% | + 6.73% |
| 2000 | 2 | 125.71 | + 1.46% | + 5.84% |
| 2000 | 3 | 127.39 | + 1.34% | + 5.35% |
| 2000 | 4 | 129.05 | + 1.30% | + 5.21% |
Lets look at Verona, Ohio, a city located in Cincinnati Middletown, Ohio, Kentucky, Indiana MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $97,000.00 in 1997, you could multiply by + 18.87%, add the gain and see the home should be worth $115,308.12 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cincinnati-Middletown-OH-KY-IN from 1997 to 2000:
+ 4.72%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
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