Real Estate Appreciation for Cleveland Elyria Mentor, Ohio: + 28.59%
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 + 28.59% (+ 4.08% yearly).
All of the property in OH averaged + 31.10% change in value (+ 4.44% yearly).
Cleveland-Elyria-Mentor-OH
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
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 $100,000.00 in 1997, you could multiply by + 28.59%, add the gain and see the home should be worth $128,588.15 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cleveland-Elyria-Mentor-OH from 1997 to 2003:
+ 4.08%
Appreciation Comparisons
For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .
- Salinas-CA increased +208.13% from 1999 thru 2005
- Springfield-MA increased +199.02% from 1981 thru 1987
- Merced-CA increased +193.70% from 1999 thru 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 44001 - AMHERST, OH
MSA Pop: 2139512Zip Pop: 20730
Avg Value: 132400
County: LORAIN
Elev: 733
Region: Midwest
Lat: 41.3693
Long: -82.2561