Real Estate Appreciation for Cincinnati Middletown, Ohio, Kentucky, Indiana: + 15.70%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Cincinnati Middletown, Ohio, Kentucky, Indiana MSA appreciated + 15.70% (+ 3.93% yearly) for the period between 2001 and the end of 2004.
The state had + 14.63% total appreciation (+ 3.66% yearly).
The Cincinnati Middletown, Ohio, Kentucky, Indiana MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Cincinnati-Middletown-OH-KY-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2001 | 2 | 132.62 | + 1.30% | + 5.19% |
| 2001 | 3 | 133.71 | + 0.82% | + 3.29% |
| 2001 | 4 | 134.56 | + 0.64% | + 2.54% |
| 2002 | 1 | 135.89 | + 0.99% | + 3.95% |
| 2002 | 2 | 137.22 | + 0.98% | + 3.91% |
| 2002 | 3 | 138.37 | + 0.84% | + 3.35% |
| 2002 | 4 | 139.38 | + 0.73% | + 2.92% |
| 2003 | 1 | 140.56 | + 0.85% | + 3.39% |
| 2003 | 2 | 141.42 | + 0.61% | + 2.45% |
| 2003 | 3 | 142.56 | + 0.81% | + 3.22% |
| 2003 | 4 | 144.18 | + 1.14% | + 4.55% |
| 2004 | 1 | 145.26 | + 0.75% | + 3.00% |
| 2004 | 2 | 146.75 | + 1.03% | + 4.10% |
| 2004 | 3 | 149.09 | + 1.59% | + 6.38% |
| 2004 | 4 | 151.48 | + 1.60% | + 6.41% |
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 $105,000.00 in 2001, you could multiply by + 15.70%, add the gain and see the home should be worth $121,489.46 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cincinnati-Middletown-OH-KY-IN from 2001 to 2004:
+ 3.93%
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