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 + 36.93% (+ 4.10% yearly).

All of the property in OH averaged + 41.37% change in value (+ 4.60% yearly).

Cleveland-Elyria-Mentor-OH

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2002-2005 Quarterly Detailed Appreciation
1999-2002 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 Avon, Ohio Refinance, or Avon, Ohio Reverse Mortgages, you could estimate your home value.

If you knew your Avon, Ohio home was worth $102,000.00 in 1997, you could multiply by + 36.93%, add the gain and see the home should be worth $139,664.51 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cleveland-Elyria-Mentor-OH from 1997 to 2005:
+ 4.10%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1997 to 2005 were Lafayette-IN, Springfield-IL, Columbus-IN, Jonesboro-AR, and Ogden-Clearfield-UT .

  1. Lafayette-IN only increased + 22.26% between 1997 and 2005
  2. Springfield-IL only increased + 23.03% between 1997 and 2005
  3. Columbus-IN only increased + 24.75% between 1997 and 2005
  4. Jonesboro-AR only increased + 28.13% between 1997 and 2005
  5. Ogden-Clearfield-UT only increased + 28.52% between 1997 and 2005

The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .

  1. Midland-TX lost - 34.76% from 1982 to 1990
  2. Midland-TX lost - 32.77% from 1983 thru 1991
  3. Lafayette-LA lost - 26.59% from 1982 thru 1990
  4. Casper-WY lost - 26.42% from 1983 thru 1991
  5. Midland-TX lost - 25.57% from 1984 thru 1992

Zip Code in MSA: 44011 - AVON, OH

MSA Pop: 2139512
Zip Pop: 11433
Avg Value: 177300
County: LORAIN
Elev: 733
Region: Midwest
Lat: 41.447155
Long: -82.021537