Real Estate Appreciation for Columbia, Missouri: + 51.46%
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 + 51.46% (+ 5.15% yearly).
All of the property in MO averaged + 66.26% change in value (+ 6.63% yearly).
Columbia-MO
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Columbia, Missouri include real estate investment .
Lets look at Columbia, Missouri, a city located in Columbia, Missouri MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Missouri check out Spec-Loan.com
If you were going to do a Columbia, Missouri Refinance, or Columbia, Missouri Reverse Mortgages, you could estimate your home value.
If you knew your Columbia, Missouri home was worth $103,000.00 in 1997, you could multiply by + 51.46%, add the gain and see the home should be worth $156,004.71 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbia-MO from 1997 to 2006:
+ 5.15%
Appreciation Comparisons
The worst 5 MSAs from 1997 to 2006 were Lafayette-IN, Kokomo-IN, Columbus-IN, Springfield-IL, and Anderson-IN .
- Lafayette-IN only increased + 22.65% between 1997 and 2006
- Kokomo-IN only increased + 24.43% between 1997 and 2006
- Columbus-IN only increased + 28.09% between 1997 and 2006
- Springfield-IL only increased + 28.91% between 1997 and 2006
- Anderson-IN only increased + 29.98% between 1997 and 2006
For a 10 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Riverside-San-Bernardino-Ontario-CA .
- Bridgeport-Stamford-Norwalk-CT increased +262.04% from 1977 thru 1986
- New-Haven-Milford-CT increased +251.93% from 1978 thru 1987
- Salinas-CA increased +251.06% from 1996 thru 2005
- Salinas-CA increased +247.53% from 1997 thru 2006
- Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 thru 2006
The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .
- Midland-TX lost - 34.73% from 1982 to 1991
- Midland-TX lost - 31.11% from 1983 thru 1992
- Lafayette-LA lost - 22.75% from 1982 thru 1991
- Midland-TX lost - 22.05% from 1984 thru 1993
- Lafayette-LA lost - 21.25% from 1983 thru 1992
Zip Code in MSA: 65202 - COLUMBIA, MO
MSA Pop: 151129Zip Pop: 35834
Avg Value: 87500
County: BOONE
Elev: 758
Region: Midwest
Lat: 38.996113
Long: -92.317522