Real Estate Appreciation for Cleveland, Tennessee: + 27.71%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Cleveland, Tennessee MSA appreciated + 27.71% (+ 6.93% yearly) between 1993 and the end of 1996.
The state of TN had + 20.94% total appreciation (+ 5.23% yearly).
The Cleveland, Tennessee MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 32.34% faster than the state as a whole.
Cleveland-TN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 89.65 | + 4.06% | + 16.25% |
| 1993 | 3 | 88.84 | - 0.90% | - 3.61% |
| 1993 | 4 | 91.06 | + 2.50% | + 10.00% |
| 1994 | 1 | 91.92 | + 0.94% | + 3.78% |
| 1994 | 2 | 92.17 | + 0.27% | + 1.09% |
| 1994 | 3 | 93.72 | + 1.68% | + 6.73% |
| 1994 | 4 | 95.86 | + 2.28% | + 9.13% |
| 1995 | 1 | 100 | + 4.32% | + 17.28% |
| 1995 | 2 | 98.87 | - 1.13% | - 4.52% |
| 1995 | 3 | 102.37 | + 3.54% | + 14.16% |
| 1995 | 4 | 102.72 | + 0.34% | + 1.37% |
| 1996 | 1 | 107.44 | + 4.60% | + 18.38% |
| 1996 | 2 | 105.84 | - 1.49% | - 5.96% |
| 1996 | 3 | 106.56 | + 0.68% | + 2.72% |
| 1996 | 4 | 110.02 | + 3.25% | + 12.99% |
There are a lot of ways to use the appreciation data for Cleveland, Tennessee .
Lets look at Cleveland, Tennessee, a city located in Cleveland, Tennessee MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Cleveland, Tennessee check out Spec-Loan.com
If you were going to do a Cleveland, Tennessee Refinance, or Cleveland, Tennessee Reverse Mortgages, you could estimate your home value.
If you knew your Cleveland, Tennessee home was worth $89,000.00 in 1993, you could multiply by + 27.71%, add the gain and see the home should be worth $113,659.66 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cleveland-TN from 1993 to 1996:
+ 6.93%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1996 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Greeley-CO .
- Salt-Lake-City-UT increased + 55.78% from 1993 to the end of 1996
- Provo-Orem-UT increased + 52.50% from 1993 to the end of 1996
- Ogden-Clearfield-UT increased + 51.69% from 1993 to the end of 1996
- Logan-UT-ID increased + 43.02% from 1993 to the end of 1996
- Greeley-CO increased + 41.92% from 1993 to the end of 1996
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: 37311 - CLEVELAND, TN
MSA Pop: 106435Zip Pop: 24775
Avg Value: 76600
County: BRADLEY
Elev: 864
Region: South
Lat: 35.159033
Long: -84.870725