Real Estate Appreciation for Columbia, Missouri: + 22.52%
Appreciation for MSAs:.
Let's start by comparing Columbia, Missouri to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 22.52% (+ 5.63% yearly) for the Columbia, Missouri MSA.
The entire state of MO had + 25.18% appreciation (+ 6.30% yearly).
The state average for Missouri was higher than the real estate appreciation in the Columbia, Missouri MSA. This means the conditions in the MSA for real estate investment were worse by + 11.83%.
Columbia-MO
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 125.33 | + 0.59% | + 2.34% |
| 2002 | 3 | 126.92 | + 1.27% | + 5.07% |
| 2002 | 4 | 127.08 | + 0.13% | + 0.50% |
| 2003 | 1 | 128.39 | + 1.03% | + 4.12% |
| 2003 | 2 | 128.49 | + 0.08% | + 0.31% |
| 2003 | 3 | 129.79 | + 1.01% | + 4.05% |
| 2003 | 4 | 132.85 | + 2.36% | + 9.43% |
| 2004 | 1 | 133.06 | + 0.16% | + 0.63% |
| 2004 | 2 | 135.23 | + 1.63% | + 6.52% |
| 2004 | 3 | 140.25 | + 3.71% | + 14.85% |
| 2004 | 4 | 140.82 | + 0.41% | + 1.63% |
| 2005 | 1 | 143.3 | + 1.76% | + 7.04% |
| 2005 | 2 | 146.28 | + 2.08% | + 8.32% |
| 2005 | 3 | 151.16 | + 3.34% | + 13.34% |
| 2005 | 4 | 152.66 | + 0.99% | + 3.97% |
Lets look at Hartsburg, Missouri, a city located in Columbia, Missouri MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out 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 $107,000.00 in 2002, you could multiply by + 22.52%, add the gain and see the home should be worth $131,096.47 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbia-MO from 2002 to 2005:
+ 5.63%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2002 to 2005 were Lafayette-IN, Burlington-NC, Anderson-IN, Jonesboro-AR, and Fort-Wayne-IN .
- Lafayette-IN only increased + 6.22% between 2002 and 2005
- Burlington-NC only increased + 6.40% between 2002 and 2005
- Anderson-IN only increased + 8.50% between 2002 and 2005
- Jonesboro-AR only increased + 8.86% between 2002 and 2005
- Fort-Wayne-IN only increased + 9.30% between 2002 and 2005
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 65039 - HARTSBURG, MO
MSA Pop: 151129Zip Pop: 2156
Avg Value: 126000
County: BOONE
Elev: 758
Region: Midwest
Lat: 38.73159
Long: -92.303291