Real Estate Appreciation for Columbus, Indiana: + 24.34%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Columbus, Indiana MSA appreciation it was + 24.34% (+ 6.09% yearly) from 1994 to 1997.
During the same time period, IN had + 18.88% (+ 4.72% yearly).
You can see that the Columbus, Indiana MSA experienced higher appreciation in this case.
Columbus-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 95.35 | + 5.36% | + 21.44% |
| 1994 | 3 | 98.99 | + 3.82% | + 15.27% |
| 1994 | 4 | 98.69 | - 0.30% | - 1.21% |
| 1995 | 1 | 100 | + 1.33% | + 5.31% |
| 1995 | 2 | 102.3 | + 2.30% | + 9.20% |
| 1995 | 3 | 105.17 | + 2.81% | + 11.22% |
| 1995 | 4 | 106.27 | + 1.05% | + 4.18% |
| 1996 | 1 | 106.1 | - 0.16% | - 0.64% |
| 1996 | 2 | 107.82 | + 1.62% | + 6.48% |
| 1996 | 3 | 109.19 | + 1.27% | + 5.08% |
| 1996 | 4 | 107.23 | - 1.80% | - 7.18% |
| 1997 | 1 | 107.97 | + 0.69% | + 2.76% |
| 1997 | 2 | 110.03 | + 1.91% | + 7.63% |
| 1997 | 3 | 111.09 | + 0.96% | + 3.85% |
| 1997 | 4 | 112.53 | + 1.30% | + 5.18% |
Some of the ways peope use our appreciation data for Columbus, Indiana include real estate investment .
Lets look at Columbus, Indiana, a city located in Columbus, Indiana 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 Indiana check out Spec-Loan.com
If you were going to do a Columbus, Indiana Refinance, or Columbus, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Columbus, Indiana home was worth $91,000.00 in 1994, you could multiply by + 24.34%, add the gain and see the home should be worth $113,151.71 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-IN from 1994 to 1997:
+ 6.09%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1994 to 1997 were Honolulu-HI, Utica-Rome-NY, Binghamton-NY, Riverside-San-Bernardino-Ontario-CA, and Kingston-NY .
- Honolulu-HI decreased by - 14.47% between 1994 and 1997
- Utica-Rome-NY decreased by - 12.23% between 1994 and 1997
- Binghamton-NY decreased by - 9.70% between 1994 and 1997
- Riverside-San-Bernardino-Ontario-CA decreased by - 8.40% between 1994 and 1997
- Kingston-NY decreased by - 6.47% between 1994 and 1997
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: 47203 - COLUMBUS, IN
MSA Pop: 72341Zip Pop: 23965
Avg Value: 116300
County: BARTHOLOMEW
Elev: 629
Region: Midwest
Lat: 39.231962
Long: -85.874317