Real Estate Appreciation for Clarksville, Tennessee, Kentucky: + 6.24%
Appreciation for MSAs:.
Let's start by comparing Clarksville, Tennessee, Kentucky to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 6.24% (+ 3.12% yearly) for the Clarksville, Tennessee, Kentucky MSA.
The entire state of TN had + 5.98% appreciation (+ 2.99% yearly).
The Clarksville, Tennessee, Kentucky MSA beat out the state. by + 4.33% appreciation.
Clarksville-TN-KY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 127.33 | + 0.49% | + 1.96% |
| 2002 | 3 | 128.31 | + 0.77% | + 3.08% |
| 2002 | 4 | 131.17 | + 2.23% | + 8.92% |
| 2003 | 1 | 131.47 | + 0.23% | + 0.91% |
| 2003 | 2 | 131.72 | + 0.19% | + 0.76% |
| 2003 | 3 | 131.48 | - 0.18% | - 0.73% |
| 2003 | 4 | 134.62 | + 2.39% | + 9.55% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Clarksville-TN-KY here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Tennessee, you can do some research at 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 $105,000.00 in 2002, you could multiply by + 6.24%, add the gain and see the home should be worth $111,554.73 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Clarksville-TN-KY from 2002 to 2003:
+ 3.12%
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 2002 to 2003 were Fresno-CA, Yuba-City-CA, Chico-CA, Madera-CA, and Redding-CA .
- Fresno-CA increased + 36.89% from 2002 to the end of 2003
- Yuba-City-CA increased + 35.43% from 2002 to the end of 2003
- Chico-CA increased + 35.05% from 2002 to the end of 2003
- Madera-CA increased + 34.32% from 2002 to the end of 2003
- Redding-CA increased + 34.01% from 2002 to the end of 2003
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