Real Estate Appreciation for Clarksville, Tennessee, Kentucky: + 10.57%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Clarksville, Tennessee, Kentucky MSA appreciated + 10.57% (+ 5.29% yearly) between 1993 and the end of 1994.
The state of TN had + 8.61% total appreciation (+ 4.31% yearly).
The Clarksville, Tennessee, Kentucky MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 22.76% faster than the state as a whole.
Clarksville-TN-KY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 91.12 | + 2.94% | + 11.75% |
| 1993 | 3 | 91.69 | + 0.63% | + 2.50% |
| 1993 | 4 | 91.4 | - 0.32% | - 1.27% |
| 1994 | 1 | 92.53 | + 1.24% | + 4.95% |
| 1994 | 2 | 93.74 | + 1.31% | + 5.23% |
| 1994 | 3 | 94.77 | + 1.10% | + 4.40% |
| 1994 | 4 | 97.88 | + 3.28% | + 13.13% |
There are a lot of ways to use the appreciation data for Clarksville, Tennessee, Kentucky .
Lets look at Big Rock, Tennessee, a city located in Clarksville, Tennessee, Kentucky 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 Big Rock, Tennessee check out Spec-Loan.com
If you were going to do a Big Rock, Tennessee Refinance, or Big Rock, Tennessee Reverse Mortgages, you could estimate your home value.
If you knew your Big Rock, Tennessee home was worth $87,000.00 in 1993, you could multiply by + 10.57%, add the gain and see the home should be worth $96,199.28 in 1994. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Clarksville-TN-KY from 1993 to 1994:
+ 5.29%
Appreciation Comparisons
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
The top 5 performing MSAs from 1993 to 1994 were Salt-Lake-City-UT, Fort-Collins-Loveland-CO, Provo-Orem-UT, Ogden-Clearfield-UT, and Greeley-CO .
- Salt-Lake-City-UT increased + 30.47% from 1993 to the end of 1994
- Fort-Collins-Loveland-CO increased + 28.45% from 1993 to the end of 1994
- Provo-Orem-UT increased + 28.10% from 1993 to the end of 1994
- Ogden-Clearfield-UT increased + 25.98% from 1993 to the end of 1994
- Greeley-CO increased + 25.00% from 1993 to the end of 1994
Zip Code in MSA: 37023 - BIG ROCK, TN
MSA Pop: 236700Zip Pop: 1670
Avg Value: 76600
County: STEWART
Elev: 400
Region: South
Lat: 36.596277
Long: -87.698764