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 + 51.80% (+ 4.32% yearly).

All of the property in OH averaged + 57.40% change in value (+ 4.78% yearly).

Cleveland-Elyria-Mentor-OH

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


There are a lot of ways to use the appreciation data for Cleveland Elyria Mentor, Ohio .

Lets look at Burton, 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 Burton, Ohio check out Spec-Loan.com

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

If you knew your Burton, Ohio home was worth $101,000.00 in 1995, you could multiply by + 51.80%, add the gain and see the home should be worth $153,318.00 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cleveland-Elyria-Mentor-OH from 1995 to 2006:
+ 4.32%

Appreciation Comparisons

The top 5 performing MSAs from 1995 to 2006 were Salinas-CA, Riverside-San-Bernardino-Ontario-CA, Ocean-City-NJ, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, and Oxnard-Thousand-Oaks-Ventura-CA .

  1. Salinas-CA increased +252.85% from 1995 to the end of 2006
  2. Riverside-San-Bernardino-Ontario-CA increased +235.41% from 1995 to the end of 2006
  3. Ocean-City-NJ increased +233.38% from 1995 to the end of 2006
  4. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +229.46% from 1995 to the end of 2006
  5. Oxnard-Thousand-Oaks-Ventura-CA increased +221.92% from 1995 to the end of 2006

Zip Code in MSA: 44021 - BURTON, OH

MSA Pop: 2139512
Zip Pop: 6804
Avg Value: 148200
County: GEAUGA
Elev: 1230
Region: Midwest
Lat: 41.451466
Long: -81.158418