Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Cleveland Elyria Mentor, Ohio did compared to the state as a whole.

The Cleveland Elyria Mentor, Ohio MSA property value change was + 21.45% (+ 4.29% yearly).

All of the property in OH averaged + 22.97% change in value (+ 4.59% yearly).

Cleveland-Elyria-Mentor-OH

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1996-1999 Quarterly Detailed Appreciation


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Amherst, Ohio click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Cleveland Elyria Mentor, Ohio.

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

If you knew your Amherst, Ohio home was worth $94,000.00 in 1995, you could multiply by + 21.45%, add the gain and see the home should be worth $114,163.00 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cleveland-Elyria-Mentor-OH from 1995 to 1999:
+ 4.29%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1995 to 1999 were Honolulu-HI, Bakersfield-CA, Utica-Rome-NY, Albany-Schenectady-Troy-NY, and Madera-CA .

  1. Honolulu-HI decreased by - 15.07% between 1995 and 1999
  2. Bakersfield-CA only increased + 2.63% between 1995 and 1999
  3. Utica-Rome-NY only increased + 2.95% between 1995 and 1999
  4. Albany-Schenectady-Troy-NY only increased + 3.11% between 1995 and 1999
  5. Madera-CA only increased + 3.11% between 1995 and 1999

The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .

  1. Casper-WY lost - 42.34% from 1983 to 1987
  2. Lafayette-LA lost - 39.59% from 1983 thru 1987
  3. Lafayette-LA lost - 37.20% from 1984 thru 1988
  4. Grand-Junction-CO lost - 30.66% from 1982 thru 1986
  5. Anchorage-AK lost - 30.21% from 1985 thru 1989

Zip Code in MSA: 44001 - AMHERST, OH

MSA Pop: 2139512
Zip Pop: 20730
Avg Value: 132400
County: LORAIN
Elev: 733
Region: Midwest
Lat: 41.3693
Long: -82.2561