Real Estate Appreciation for Cincinnati Middletown, Ohio, Kentucky, Indiana: + 11.34%
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 + 11.34% (+ 3.78% yearly) between 2003 and the end of 2005.
The state of OH had + 10.98% total appreciation (+ 3.66% 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 + 3.31% 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% |
| 2005 | 1 | 152.32 | + 0.55% | + 2.22% |
| 2005 | 2 | 154.28 | + 1.29% | + 5.15% |
| 2005 | 3 | 155.64 | + 0.88% | + 3.53% |
| 2005 | 4 | 156.5 | + 0.55% | + 2.21% |
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 $108,000.00 in 2003, you could multiply by + 11.34%, add the gain and see the home should be worth $120,247.58 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cincinnati-Middletown-OH-KY-IN from 2003 to 2005:
+ 3.78%
Appreciation Comparisons
The top 5 performing MSAs from 2003 to 2005 were Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 to the end of 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 to the end of 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 to the end of 2005
- Madera-CA increased + 85.39% from 2003 to the end of 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 to the end of 2005
In contrast, the worst 5 MSAs from 2003 to 2005 were Burlington-NC, Lafayette-IN, Jonesboro-AR, Anderson-IN, and Rocky-Mount-NC .
- Burlington-NC only increased + 3.06% between 2003 and 2005
- Lafayette-IN only increased + 4.69% between 2003 and 2005
- Jonesboro-AR only increased + 5.04% between 2003 and 2005
- Anderson-IN only increased + 5.16% between 2003 and 2005
- Rocky-Mount-NC only increased + 5.82% between 2003 and 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