Appreciation for MSAs:.

Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.

  • Cleveland Elyria Mentor, Ohio: + 23.95%
  • State of OH: + 27.10%
  • Difference: - 11.62%

Cleveland-Elyria-Mentor-OH

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1998-2001 Quarterly Detailed Appreciation


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Cleveland-Elyria-Mentor-OH here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Ohio, you can do some research at Spec-Loan.com.

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 $97,000.00 in 1996, you could multiply by + 23.95%, add the gain and see the home should be worth $120,227.76 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cleveland-Elyria-Mentor-OH from 1996 to 2001:
+ 3.99%

Appreciation Comparisons

The top 5 performing MSAs from 1996 to 2001 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Barnstable-Town-MA, Salinas-CA, and Santa-Rosa-Petaluma-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 97.98% from 1996 to the end of 2001
  2. Santa-Cruz-Watsonville-CA increased + 87.89% from 1996 to the end of 2001
  3. Barnstable-Town-MA increased + 78.09% from 1996 to the end of 2001
  4. Salinas-CA increased + 77.14% from 1996 to the end of 2001
  5. Santa-Rosa-Petaluma-CA increased + 76.30% from 1996 to the end of 2001

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