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 + 46.62% (+ 4.66% yearly) from 1994 to 2003.

During the same time period, OH had + 50.43% (+ 5.04% yearly). From 1994 to 2003, 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
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 Avon Lake, 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 Lake, Ohio check out Spec-Loan.com

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

If you knew your Avon Lake, Ohio home was worth $97,000.00 in 1994, you could multiply by + 46.62%, add the gain and see the home should be worth $142,223.51 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cleveland-Elyria-Mentor-OH from 1994 to 2003:
+ 4.66%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 2003 were Barnstable-Town-MA, Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .

  1. Barnstable-Town-MA increased +146.29% from 1994 to the end of 2003
  2. Salinas-CA increased +119.32% from 1994 to the end of 2003
  3. San-Diego-Carlsbad-San-Marcos-CA increased +119.20% from 1994 to the end of 2003
  4. Napa-CA increased +117.57% from 1994 to the end of 2003
  5. San-Jose-Sunnyvale-Santa-Clara-CA increased +116.73% from 1994 to the end of 2003

For a 10 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Riverside-San-Bernardino-Ontario-CA .

  1. Bridgeport-Stamford-Norwalk-CT increased +262.04% from 1977 thru 1986
  2. New-Haven-Milford-CT increased +251.93% from 1978 thru 1987
  3. Salinas-CA increased +251.06% from 1996 thru 2005
  4. Salinas-CA increased +247.53% from 1997 thru 2006
  5. Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 thru 2006

Zip Code in MSA: 44012 - AVON LAKE, OH

MSA Pop: 2139512
Zip Pop: 18284
Avg Value: 173500
County: LORAIN
Elev: 733
Region: Midwest
Lat: 41.4965
Long: -82.0177