Appreciation for MSAs:.

Let's start by comparing Cleveland Elyria Mentor, Ohio 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 + 41.93% (+ 4.66% yearly) for the Cleveland Elyria Mentor, Ohio MSA.

The entire state of OH had + 45.14% appreciation (+ 5.02% yearly). The state average for Ohio was higher than the real estate appreciation in the Cleveland Elyria Mentor, Ohio MSA. This means the conditions in the MSA for real estate investment were worse by + 7.65%.

Cleveland-Elyria-Mentor-OH

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Cleveland Elyria Mentor, Ohio .

Lets look at Avon, Ohio, a city located in Cleveland Elyria Mentor, Ohio MSA.

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Avon, Ohio check out Spec-Loan.com

If you were going to do a Avon, Ohio Refinance, or Avon, Ohio Reverse Mortgages, you could estimate your home value.

If you knew your Avon, Ohio home was worth $92,000.00 in 1992, you could multiply by + 41.93%, add the gain and see the home should be worth $130,576.34 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cleveland-Elyria-Mentor-OH from 1992 to 2000:
+ 4.66%

Appreciation Comparisons

The top 5 performing MSAs from 1992 to 2000 were Boulder-CO, Denver-Aurora-CO, Fort-Collins-Loveland-CO, Greeley-CO, and Salt-Lake-City-UT .

  1. Boulder-CO increased +120.26% from 1992 to the end of 2000
  2. Denver-Aurora-CO increased +108.38% from 1992 to the end of 2000
  3. Fort-Collins-Loveland-CO increased +100.33% from 1992 to the end of 2000
  4. Greeley-CO increased + 94.91% from 1992 to the end of 2000
  5. Salt-Lake-City-UT increased + 92.72% from 1992 to the end of 2000

For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .

  1. Salinas-CA increased +251.65% from 1997 thru 2005
  2. Salinas-CA increased +229.40% from 1998 thru 2006
  3. Springfield-MA increased +229.07% from 1981 thru 1989
  4. Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
  5. San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005

Zip Code in MSA: 44011 - AVON, OH

MSA Pop: 2139512
Zip Pop: 11433
Avg Value: 177300
County: LORAIN
Elev: 733
Region: Midwest
Lat: 41.447155
Long: -82.021537