Real Estate Appreciation for Columbia, Missouri: + 6.27%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Columbia, Missouri did compared to the state as a whole.
The Columbia, Missouri MSA property value change was + 6.27% (+ 3.13% yearly).
All of the property in MO averaged + 7.70% change in value (+ 3.85% yearly).
Columbia-MO
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 100.52 | + 0.52% | + 2.08% |
| 1995 | 3 | 101.26 | + 0.74% | + 2.94% |
| 1995 | 4 | 102.32 | + 1.05% | + 4.19% |
| 1996 | 1 | 102.26 | - 0.06% | - 0.23% |
| 1996 | 2 | 104.35 | + 2.04% | + 8.18% |
| 1996 | 3 | 105.3 | + 0.91% | + 3.64% |
| 1996 | 4 | 106.27 | + 0.92% | + 3.68% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Ashland, Missouri Refinance, or Ashland, Missouri Reverse Mortgages, you could estimate your home value.
If you knew your Ashland, Missouri home was worth $91,000.00 in 1995, you could multiply by + 6.27%, add the gain and see the home should be worth $96,705.70 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbia-MO from 1995 to 1996:
+ 3.13%
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 .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
The top 5 performing MSAs from 1995 to 1996 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Pittsfield-MA, Danville-IL, and Bay-City-MI .
- Salt-Lake-City-UT increased + 17.55% from 1995 to the end of 1996
- Ogden-Clearfield-UT increased + 17.36% from 1995 to the end of 1996
- Pittsfield-MA increased + 17.05% from 1995 to the end of 1996
- Danville-IL increased + 16.75% from 1995 to the end of 1996
- Bay-City-MI increased + 16.66% from 1995 to the end of 1996
Zip Code in MSA: 65010 - ASHLAND, MO
MSA Pop: 151129Zip Pop: 4040
Avg Value: 115300
County: BOONE
Elev: 758
Region: Midwest
Lat: 38.787891
Long: -92.258565