Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Cleveland Elyria Mentor, Ohio MSA appreciated + 53.59% (+ 4.87% yearly) between 1993 and the end of 2003.

The state of OH had + 57.63% total appreciation (+ 5.24% 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 than the state as a whole. The state appreaciated + 7.53% faster than this MSA.

Cleveland-Elyria-Mentor-OH

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


If you need information on Hard Money Rehab Loans in Berea, Ohio look at Spec-Loan.com

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

If you knew your Berea, Ohio home was worth $96,000.00 in 1993, you could multiply by + 53.59%, add the gain and see the home should be worth $147,448.48 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cleveland-Elyria-Mentor-OH from 1993 to 2003:
+ 4.87%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 2003 were Barnstable-Town-MA, Denver-Aurora-CO, Boulder-CO, Fort-Collins-Loveland-CO, and Salinas-CA .

  1. Barnstable-Town-MA increased +148.94% from 1993 to the end of 2003
  2. Denver-Aurora-CO increased +122.85% from 1993 to the end of 2003
  3. Boulder-CO increased +122.44% from 1993 to the end of 2003
  4. Fort-Collins-Loveland-CO increased +119.70% from 1993 to the end of 2003
  5. Salinas-CA increased +118.69% from 1993 to the end of 2003

In contrast, the worst 5 MSAs from 1993 to 2003 were Binghamton-NY, Honolulu-HI, Rochester-NY, Elmira-NY, and Utica-Rome-NY .

  1. Binghamton-NY only increased + 13.04% between 1993 and 2003
  2. Honolulu-HI only increased + 15.17% between 1993 and 2003
  3. Rochester-NY only increased + 20.38% between 1993 and 2003
  4. Elmira-NY only increased + 20.39% between 1993 and 2003
  5. Utica-Rome-NY only increased + 20.41% between 1993 and 2003

Zip Code in MSA: 44017 - BEREA, OH

MSA Pop: 2139512
Zip Pop: 19005
Avg Value: 119200
County: CUYAHOGA
Elev: 582
Region: Midwest
Lat: 41.369037
Long: -81.858513