Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Cincinnati Middletown, Ohio, Kentucky, Indiana MSA appreciation it was + 8.60% (+ 4.30% yearly) from 2000 to 2001.

During the same time period, OH had + 8.94% (+ 4.47% yearly). From 2000 to 2001, Ohio outperformed the individual Cincinnati Middletown, Ohio, Kentucky, Indiana MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Cincinnati-Middletown-OH-KY-IN

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 125.71 + 1.46% + 5.84%
2000 3 127.39 + 1.34% + 5.35%
2000 4 129.05 + 1.30% + 5.21%
2001 1 130.92 + 1.45% + 5.80%
2001 2 132.62 + 1.30% + 5.19%
2001 3 133.71 + 0.82% + 3.29%
2001 4 134.56 + 0.64% + 2.54%


Lets look at Union, 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 Union, Ohio Refinance, or Union, Ohio Reverse Mortgages, you could estimate your home value.

If you knew your Union, Ohio home was worth $101,000.00 in 2000, you could multiply by + 8.60%, add the gain and see the home should be worth $109,689.75 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cincinnati-Middletown-OH-KY-IN from 2000 to 2001:
+ 4.30%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Lafayette-LA lost - 25.36% from 1986 thru 1987
  2. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 41091 - UNION, KY

MSA Pop: 2047333
Zip Pop: 11208
Avg Value: 176500
County: BOONE
Elev: 846
Region: South
Lat: 38.9277
Long: -84.71754