Real Estate Appreciation for Cleveland Elyria Mentor, Ohio: + 15.37%
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: + 15.37%
- State of OH: + 16.80%
- Difference: - 8.53%
Cleveland-Elyria-Mentor-OH
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2001 | 1 | 130.03 | + 2.25% | + 9.00% |
| 2001 | 2 | 130.94 | + 0.70% | + 2.80% |
| 2001 | 3 | 132.39 | + 1.11% | + 4.43% |
| 2001 | 4 | 133.49 | + 0.83% | + 3.32% |
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 $99,000.00 in 1998, you could multiply by + 15.37%, add the gain and see the home should be worth $114,212.34 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cleveland-Elyria-Mentor-OH from 1998 to 2001:
+ 3.84%
Appreciation Comparisons
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 .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
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