Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Cleveland, Tennessee MSA appreciation it was + 13.10% (+ 6.55% yearly) from 2004 to 2005.

During the same time period, TN had + 12.46% (+ 6.23% yearly). You can see that the Cleveland, Tennessee MSA experienced higher appreciation in this case.

Cleveland-TN

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2004 2 149.87 + 2.38% + 9.51%
2004 3 155.23 + 3.58% + 14.31%
2004 4 153.16 - 1.33% - 5.33%
2005 1 154.77 + 1.05% + 4.20%
2005 2 158.48 + 2.40% + 9.59%
2005 3 160.97 + 1.57% + 6.28%
2005 4 165.57 + 2.86% + 11.43%


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If you were going to do a Benton, Tennessee Refinance, or Benton, Tennessee Reverse Mortgages, you could estimate your home value.

If you knew your Benton, Tennessee home was worth $109,000.00 in 2004, you could multiply by + 13.10%, add the gain and see the home should be worth $123,281.17 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cleveland-TN from 2004 to 2005:
+ 6.55%

Appreciation Comparisons

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

The top 5 performing MSAs from 2004 to 2005 were Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 to the end of 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 to the end of 2005
  3. Bakersfield-CA increased + 63.04% from 2004 to the end of 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 to the end of 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 to the end of 2005

Zip Code in MSA: 37307 - BENTON, TN

MSA Pop: 106435
Zip Pop: 4714
Avg Value: 63500
County: POLK
Elev: 748
Region: South
Lat: 35.17351
Long: -84.65343