Real Estate Appreciation for Clarksville, Tennessee, Kentucky: + 21.32%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Clarksville, Tennessee, Kentucky MSA appreciation it was + 21.32% (+ 5.33% yearly) from 1994 to 1997.
During the same time period, TN had + 20.82% (+ 5.20% yearly).
You can see that the Clarksville, Tennessee, Kentucky MSA experienced higher appreciation in this case.
Clarksville-TN-KY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 93.74 | + 1.31% | + 5.23% |
| 1994 | 3 | 94.77 | + 1.10% | + 4.40% |
| 1994 | 4 | 97.88 | + 3.28% | + 13.13% |
| 1995 | 1 | 100 | + 2.17% | + 8.66% |
| 1995 | 2 | 97.89 | - 2.11% | - 8.44% |
| 1995 | 3 | 101.05 | + 3.23% | + 12.91% |
| 1995 | 4 | 101.27 | + 0.22% | + 0.87% |
| 1996 | 1 | 102.81 | + 1.52% | + 6.08% |
| 1996 | 2 | 104.61 | + 1.75% | + 7.00% |
| 1996 | 3 | 107.38 | + 2.65% | + 10.59% |
| 1996 | 4 | 106.54 | - 0.78% | - 3.13% |
| 1997 | 1 | 107.2 | + 0.62% | + 2.48% |
| 1997 | 2 | 107.94 | + 0.69% | + 2.76% |
| 1997 | 3 | 110.5 | + 2.37% | + 9.49% |
| 1997 | 4 | 112.26 | + 1.59% | + 6.37% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Clarksville, Tennessee Refinance, or Clarksville, Tennessee Reverse Mortgages, you could estimate your home value.
If you knew your Clarksville, Tennessee home was worth $91,000.00 in 1994, you could multiply by + 21.32%, add the gain and see the home should be worth $110,403.76 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Clarksville-TN-KY from 1994 to 1997:
+ 5.33%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 1997 were Ogden-Clearfield-UT, Salt-Lake-City-UT, Provo-Orem-UT, Logan-UT-ID, and Portland-Vancouver-Beaverton-OR-WA .
- Ogden-Clearfield-UT increased + 41.78% from 1994 to the end of 1997
- Salt-Lake-City-UT increased + 41.49% from 1994 to the end of 1997
- Provo-Orem-UT increased + 38.70% from 1994 to the end of 1997
- Logan-UT-ID increased + 35.30% from 1994 to the end of 1997
- Portland-Vancouver-Beaverton-OR-WA increased + 34.77% from 1994 to the end of 1997
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 37040 - CLARKSVILLE, TN
MSA Pop: 236700Zip Pop: 30951
Avg Value: 78900
County: MONTGOMERY
Elev: 493
Region: South
Lat: 36.53097
Long: -87.349983