Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Cincinnati Middletown, Ohio, Kentucky, Indiana MSA appreciation it was + 7.74% (+ 3.87% yearly) from 2004 to 2005.

During the same time period, OH had + 7.08% (+ 3.54% yearly). You can see that the Cincinnati Middletown, Ohio, Kentucky, Indiana MSA experienced higher appreciation in this case.

Cincinnati-Middletown-OH-KY-IN

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


Lets look at Union, Ohio, a city located in Cincinnati Middletown, Ohio, Kentucky, Indiana MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $109,000.00 in 2004, you could multiply by + 7.74%, add the gain and see the home should be worth $117,434.26 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cincinnati-Middletown-OH-KY-IN from 2004 to 2005:
+ 3.87%

Appreciation Comparisons

The top 5 performing MSAs from 2004 to 2005 were Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 to the end of 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 to the end of 2005
  3. Bakersfield-CA increased + 63.04% from 2004 to the end of 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 to the end of 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 to the end of 2005

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 .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

Zip Code in MSA: 41091 - UNION, KY

MSA Pop: 2047333
Zip Pop: 11208
Avg Value: 176500
County: BOONE
Elev: 846
Region: South
Lat: 38.9277
Long: -84.71754