Real Estate Appreciation for Cincinnati Middletown, Ohio, Kentucky, Indiana: + 11.47%
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 + 11.47% (+ 3.82% yearly) for the Cincinnati Middletown, Ohio, Kentucky, Indiana MSA.
The entire state of OH had + 10.52% appreciation (+ 3.51% yearly).
The Cincinnati Middletown, Ohio, Kentucky, Indiana MSA beat out the state. by + 9.05% appreciation.
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% |
| 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% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Cincinnati-Middletown-OH-KY-IN here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Ohio, you can do some research at 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 $106,000.00 in 2002, you could multiply by + 11.47%, add the gain and see the home should be worth $118,160.87 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cincinnati-Middletown-OH-KY-IN from 2002 to 2004:
+ 3.82%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2004 were Riverside-San-Bernardino-Ontario-CA, Fresno-CA, Madera-CA, Yuba-City-CA, and Bakersfield-CA .
- Riverside-San-Bernardino-Ontario-CA increased + 73.90% from 2002 to the end of 2004
- Fresno-CA increased + 73.13% from 2002 to the end of 2004
- Madera-CA increased + 71.44% from 2002 to the end of 2004
- Yuba-City-CA increased + 68.71% from 2002 to the end of 2004
- Bakersfield-CA increased + 67.56% from 2002 to the end of 2004
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