Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Cleveland Elyria Mentor, Ohio MSA appreciation it was + 41.71% (+ 4.63% yearly) from 1994 to 2002.

During the same time period, OH had + 45.05% (+ 5.01% yearly). From 1994 to 2002, Ohio outperformed the individual Cleveland Elyria Mentor, Ohio MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Cleveland-Elyria-Mentor-OH

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation


Lets look at Avon, Ohio, a city located in Cleveland Elyria Mentor, Ohio 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 Avon, Ohio Refinance, or Avon, Ohio Reverse Mortgages, you could estimate your home value.

If you knew your Avon, Ohio home was worth $96,000.00 in 1994, you could multiply by + 41.71%, add the gain and see the home should be worth $136,046.00 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cleveland-Elyria-Mentor-OH from 1994 to 2002:
+ 4.63%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 2002 were Barnstable-Town-MA, San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, and Salinas-CA .

  1. Barnstable-Town-MA increased +116.17% from 1994 to the end of 2002
  2. San-Jose-Sunnyvale-Santa-Clara-CA increased +112.59% from 1994 to the end of 2002
  3. Santa-Cruz-Watsonville-CA increased +104.39% from 1994 to the end of 2002
  4. Denver-Aurora-CO increased + 98.00% from 1994 to the end of 2002
  5. Salinas-CA increased + 93.56% from 1994 to the end of 2002

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