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 + 11.95% (+ 2.99% yearly).

All of the property in MO averaged + 19.54% change in value (+ 4.88% 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%
2000 1 115.51 + 0.56% + 2.23%
2000 2 116.87 + 1.18% + 4.71%
2000 3 118.02 + 0.98% + 3.94%
2000 4 118.78 + 0.64% + 2.58%


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 Hartsburg, Missouri Refinance, or Hartsburg, Missouri Reverse Mortgages, you could estimate your home value.

If you knew your Hartsburg, Missouri home was worth $97,000.00 in 1997, you could multiply by + 11.95%, add the gain and see the home should be worth $108,592.46 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbia-MO from 1997 to 2000:
+ 2.99%

Appreciation Comparisons

The top 5 performing MSAs from 1997 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 82.37% from 1997 to the end of 2000
  2. Santa-Cruz-Watsonville-CA increased + 74.02% from 1997 to the end of 2000
  3. Santa-Rosa-Petaluma-CA increased + 61.76% from 1997 to the end of 2000
  4. Salinas-CA increased + 59.12% from 1997 to the end of 2000
  5. Napa-CA increased + 54.99% from 1997 to the end of 2000

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 .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

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