Real Estate Appreciation for Clarksville, Tennessee, Kentucky: + 22.55%
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 + 22.55% (+ 5.64% yearly) between 2003 and the end of 2006.
The state of TN had + 23.19% total appreciation (+ 5.80% 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 + 2.86% faster than this MSA.
Clarksville-TN-KY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2006 | 1 | 155.96 | + 3.99% | + 15.95% |
| 2006 | 2 | 157.2 | + 0.80% | + 3.18% |
| 2006 | 3 | 157.96 | + 0.48% | + 1.93% |
| 2006 | 4 | 161.11 | + 1.99% | + 7.98% |
Lets look at Clarksville, 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 Clarksville, Tennessee Refinance, or Clarksville, Tennessee Reverse Mortgages, you could estimate your home value.
If you knew your Clarksville, Tennessee home was worth $109,000.00 in 2003, you could multiply by + 22.55%, add the gain and see the home should be worth $133,574.12 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Clarksville-TN-KY from 2003 to 2006:
+ 5.64%
Appreciation Comparisons
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
The top 5 performing MSAs from 2003 to 2006 were Bakersfield-CA, Visalia-Porterville-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Naples-Marco-Island-FL .
- Bakersfield-CA increased +110.89% from 2003 to the end of 2006
- Visalia-Porterville-CA increased +101.32% from 2003 to the end of 2006
- Madera-CA increased +100.36% from 2003 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +100.03% from 2003 to the end of 2006
- Naples-Marco-Island-FL increased + 99.23% from 2003 to the end of 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