Real Estate Appreciation for Clarksville, Tennessee, Kentucky: + 11.08%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Clarksville, Tennessee, Kentucky did compared to the state as a whole.
The Clarksville, Tennessee, Kentucky MSA property value change was + 11.08% (+ 2.77% yearly).
All of the property in TN averaged + 15.01% change in value (+ 3.75% yearly).
Clarksville-TN-KY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 107.94 | + 0.69% | + 2.76% |
| 1997 | 3 | 110.5 | + 2.37% | + 9.49% |
| 1997 | 4 | 112.26 | + 1.59% | + 6.37% |
| 1998 | 1 | 113.48 | + 1.09% | + 4.35% |
| 1998 | 2 | 113.54 | + 0.05% | + 0.21% |
| 1998 | 3 | 112.33 | - 1.07% | - 4.26% |
| 1998 | 4 | 116.21 | + 3.45% | + 13.82% |
| 1999 | 1 | 115.97 | - 0.21% | - 0.83% |
| 1999 | 2 | 116.99 | + 0.88% | + 3.52% |
| 1999 | 3 | 118.06 | + 0.91% | + 3.66% |
| 1999 | 4 | 117.35 | - 0.60% | - 2.41% |
| 2000 | 1 | 117.35 | + 0.00% | + 0.00% |
| 2000 | 2 | 118.28 | + 0.79% | + 3.17% |
| 2000 | 3 | 119.68 | + 1.18% | + 4.73% |
| 2000 | 4 | 119.08 | - 0.50% | - 2.01% |
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 $97,000.00 in 1997, you could multiply by + 11.08%, add the gain and see the home should be worth $107,749.63 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Clarksville-TN-KY from 1997 to 2000:
+ 2.77%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 82.37% from 1997 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 74.02% from 1997 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 61.76% from 1997 to the end of 2000
- Salinas-CA increased + 59.12% from 1997 to the end of 2000
- Napa-CA increased + 54.99% from 1997 to the end of 2000
In contrast, the worst 5 MSAs from 1997 to 2000 were Honolulu-HI, Williamsport-PA, Buffalo-Niagara-Falls-NY, Lewiston-ID-WA, and Midland-TX .
- Honolulu-HI decreased by - 1.70% between 1997 and 2000
- Williamsport-PA only increased + 2.60% between 1997 and 2000
- Buffalo-Niagara-Falls-NY only increased + 3.06% between 1997 and 2000
- Lewiston-ID-WA only increased + 3.08% between 1997 and 2000
- Midland-TX only increased + 3.25% between 1997 and 2000
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