Real Estate Appreciation for Cincinnati Middletown, Ohio, Kentucky, Indiana: + 7.77%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Cincinnati Middletown, Ohio, Kentucky, Indiana MSA appreciated + 7.77% (+ 3.88% yearly) between 2003 and the end of 2004.
The state of OH had + 7.00% total appreciation (+ 3.50% yearly).
The Cincinnati Middletown, Ohio, Kentucky, Indiana MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 11.02% faster than the state as a whole.
Cincinnati-Middletown-OH-KY-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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 Union, 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 Union, Ohio 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 $107,000.00 in 2003, you could multiply by + 7.77%, add the gain and see the home should be worth $115,312.75 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cincinnati-Middletown-OH-KY-IN from 2003 to 2004:
+ 3.88%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
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