Real Estate Appreciation for Cincinnati Middletown, Ohio, Kentucky, Indiana: + 6.10%
Appreciation for MSAs:.
Let's start by comparing Cincinnati Middletown, Ohio, Kentucky, Indiana to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 6.10% (+ 3.05% yearly) for the Cincinnati Middletown, Ohio, Kentucky, Indiana MSA.
The entire state of OH had + 6.30% appreciation (+ 3.15% yearly).
The state average for Ohio was higher than the real estate appreciation in the Cincinnati Middletown, Ohio, Kentucky, Indiana MSA. This means the conditions in the MSA for real estate investment were worse by + 3.34%.
Cincinnati-Middletown-OH-KY-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Union, Ohio click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Cincinnati Middletown, Ohio, Kentucky, Indiana.
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 $105,000.00 in 2002, you could multiply by + 6.10%, add the gain and see the home should be worth $111,405.55 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cincinnati-Middletown-OH-KY-IN from 2002 to 2003:
+ 3.05%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2003 were Fresno-CA, Yuba-City-CA, Chico-CA, Madera-CA, and Redding-CA .
- Fresno-CA increased + 36.89% from 2002 to the end of 2003
- Yuba-City-CA increased + 35.43% from 2002 to the end of 2003
- Chico-CA increased + 35.05% from 2002 to the end of 2003
- Madera-CA increased + 34.32% from 2002 to the end of 2003
- Redding-CA increased + 34.01% from 2002 to the end of 2003
In contrast, the worst 5 MSAs from 2002 to 2003 were Ogden-Clearfield-UT, Lafayette-IN, Fayetteville-NC, Logan-UT-ID, and Provo-Orem-UT .
- Ogden-Clearfield-UT only increased + 1.57% between 2002 and 2003
- Lafayette-IN only increased + 2.02% between 2002 and 2003
- Fayetteville-NC only increased + 2.05% between 2002 and 2003
- Logan-UT-ID only increased + 2.05% between 2002 and 2003
- Provo-Orem-UT only increased + 2.06% between 2002 and 2003
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