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 + 8.27% (+ 2.76% yearly).

All of the property in MO averaged + 12.71% change in value (+ 4.24% yearly).

Columbia-MO

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 106.31 + 0.20% + 0.79%
1997 3 107.68 + 1.29% + 5.15%
1997 4 108.26 + 0.54% + 2.15%
1998 1 108.62 + 0.33% + 1.33%
1998 2 110.57 + 1.80% + 7.18%
1998 3 111.67 + 0.99% + 3.98%
1998 4 111.01 - 0.59% - 2.36%
1999 1 112.34 + 1.20% + 4.79%
1999 2 113.71 + 1.22% + 4.88%
1999 3 114.5 + 0.69% + 2.78%
1999 4 114.87 + 0.32% + 1.29%


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Columbia-MO here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Missouri, you can do some research at Spec-Loan.com.

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

If you knew your Hartsburg, Missouri home was worth $96,000.00 in 1997, you could multiply by + 8.27%, add the gain and see the home should be worth $103,935.16 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbia-MO from 1997 to 1999:
+ 2.76%

Appreciation Comparisons

The top 5 performing MSAs from 1997 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 41.42% from 1997 to the end of 1999
  2. Santa-Cruz-Watsonville-CA increased + 41.11% from 1997 to the end of 1999
  3. Barnstable-Town-MA increased + 32.18% from 1997 to the end of 1999
  4. Santa-Rosa-Petaluma-CA increased + 29.26% from 1997 to the end of 1999
  5. Napa-CA increased + 28.79% from 1997 to the end of 1999

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

Zip Code in MSA: 65039 - HARTSBURG, MO

MSA Pop: 151129
Zip Pop: 2156
Avg Value: 126000
County: BOONE
Elev: 758
Region: Midwest
Lat: 38.73159
Long: -92.303291