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 + 69.42% (+ 4.63% yearly) for the Cleveland Elyria Mentor, Ohio MSA.

The entire state of OH had + 77.09% appreciation (+ 5.14% 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 + 11.04%.

Cleveland-Elyria-Mentor-OH

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
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 Chagrin Falls, 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 Chagrin Falls, Ohio check out Spec-Loan.com

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

If you knew your Chagrin Falls, Ohio home was worth $98,000.00 in 1992, you could multiply by + 69.42%, add the gain and see the home should be worth $166,031.25 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cleveland-Elyria-Mentor-OH from 1992 to 2006:
+ 4.63%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Odessa-TX lost - 9.94% from 1984 thru 1998
  2. Midland-TX lost - 5.77% from 1986 thru 2000

Zip Code in MSA: 44022 - CHAGRIN FALLS, OH

MSA Pop: 2139512
Zip Pop: 17720
Avg Value: 274300
County: CUYAHOGA
Elev: 582
Region: Midwest
Lat: 41.438462
Long: -81.418674