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 + 63.26% (+ 4.52% yearly) between 1993 and the end of 2006.

The state of OH had + 71.06% total appreciation (+ 5.08% 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 + 12.32% faster than this MSA.

Cleveland-Elyria-Mentor-OH

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


Some of the ways peope use our appreciation data for Cleveland Elyria Mentor, Ohio include real estate investment .

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

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $99,000.00 in 1993, you could multiply by + 63.26%, add the gain and see the home should be worth $161,628.31 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cleveland-Elyria-Mentor-OH from 1993 to 2006:
+ 4.52%

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. Midland-TX lost - 13.75% from 1984 thru 1997
  2. Midland-TX lost - 6.03% from 1986 thru 1999

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