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 + 14.08% (+ 4.69% yearly) between 2003 and the end of 2005.

The state of TN had + 16.45% total appreciation (+ 5.48% yearly). The state average for Tennessee was higher than the real estate appreciation in the Clarksville, Tennessee, Kentucky MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 16.83% faster than this MSA.

Clarksville-TN-KY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2003 2 131.72 + 0.19% + 0.76%
2003 3 131.48 - 0.18% - 0.73%
2003 4 134.62 + 2.39% + 9.55%
2004 1 134.29 - 0.25% - 0.98%
2004 2 137.06 + 2.06% + 8.25%
2004 3 138.71 + 1.20% + 4.82%
2004 4 139.8 + 0.79% + 3.14%
2005 1 141.9 + 1.50% + 6.01%
2005 2 147.94 + 4.26% + 17.03%
2005 3 149.92 + 1.34% + 5.35%
2005 4 149.98 + 0.04% + 0.16%


Lets look at Bumpus Mills, Tennessee, a city located in Clarksville, Tennessee, Kentucky 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 Bumpus Mills, Tennessee Refinance, or Bumpus Mills, Tennessee Reverse Mortgages, you could estimate your home value.

If you knew your Bumpus Mills, Tennessee home was worth $108,000.00 in 2003, you could multiply by + 14.08%, add the gain and see the home should be worth $123,205.60 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Clarksville-TN-KY from 2003 to 2005:
+ 4.69%

Appreciation Comparisons

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 37028 - BUMPUS MILLS, TN

MSA Pop: 236700
Zip Pop: 497
Avg Value: 73600
County: STEWART
Elev: 400
Region: South
Lat: 36.660074
Long: -87.829183