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: + 23.42%
  • State of OH: + 25.15%
  • Difference: - 6.87%

Cleveland-Elyria-Mentor-OH

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2000-2003 Quarterly Detailed Appreciation


Some of the ways peope use our appreciation data for Cleveland Elyria Mentor, Ohio include real estate investment .

Lets look at Amherst, Ohio, a city located in Cleveland Elyria Mentor, Ohio MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Ohio check out 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 $101,000.00 in 1998, you could multiply by + 23.42%, add the gain and see the home should be worth $124,654.83 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cleveland-Elyria-Mentor-OH from 1998 to 2003:
+ 3.90%

Appreciation Comparisons

The top 5 performing MSAs from 1998 to 2003 were Barnstable-Town-MA, Napa-CA, San-Diego-Carlsbad-San-Marcos-CA, San-Luis-Obispo-Paso-Robles-CA, and Salinas-CA .

  1. Barnstable-Town-MA increased +119.99% from 1998 to the end of 2003
  2. Napa-CA increased +114.39% from 1998 to the end of 2003
  3. San-Diego-Carlsbad-San-Marcos-CA increased +111.21% from 1998 to the end of 2003
  4. San-Luis-Obispo-Paso-Robles-CA increased +108.99% from 1998 to the end of 2003
  5. Salinas-CA increased +107.08% from 1998 to the end of 2003

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