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 + 14.51% (+ 3.63% yearly).

All of the property in OH averaged + 16.60% change in value (+ 4.15% yearly).

Cleveland-Elyria-Mentor-OH

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 111.4 + 0.31% + 1.22%
1997 3 112.75 + 1.21% + 4.85%
1997 4 114.11 + 1.21% + 4.82%
1998 1 115.71 + 1.40% + 5.61%
1998 2 116.5 + 0.68% + 2.73%
1998 3 117.81 + 1.12% + 4.50%
1998 4 118.95 + 0.97% + 3.87%
1999 1 120.42 + 1.24% + 4.94%
1999 2 121.05 + 0.52% + 2.09%
1999 3 121.25 + 0.17% + 0.66%
1999 4 121.45 + 0.16% + 0.66%
2000 1 123.17 + 1.42% + 5.66%
2000 2 124.09 + 0.75% + 2.99%
2000 3 125.48 + 1.12% + 4.48%
2000 4 127.17 + 1.35% + 5.39%


If you need information on Hard Money Rehab Loans in Amherst, Ohio look 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 1997, you could multiply by + 14.51%, add the gain and see the home should be worth $111,070.50 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cleveland-Elyria-Mentor-OH from 1997 to 2000:
+ 3.63%

Appreciation Comparisons

The top 5 performing MSAs from 1997 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 82.37% from 1997 to the end of 2000
  2. Santa-Cruz-Watsonville-CA increased + 74.02% from 1997 to the end of 2000
  3. Santa-Rosa-Petaluma-CA increased + 61.76% from 1997 to the end of 2000
  4. Salinas-CA increased + 59.12% from 1997 to the end of 2000
  5. Napa-CA increased + 54.99% from 1997 to the end of 2000

For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

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