Real Estate Appreciation for Columbus, Indiana: + 7.82%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Columbus, Indiana: + 7.82%
- State of IN: + 11.98%
- Difference: - 34.71%
Columbus-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1998 | 1 | 112.86 | + 0.29% | + 1.17% |
| 1998 | 2 | 114.61 | + 1.55% | + 6.20% |
| 1998 | 3 | 113.85 | - 0.66% | - 2.65% |
| 1998 | 4 | 114.4 | + 0.48% | + 1.93% |
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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 $94,000.00 in 1996, you could multiply by + 7.82%, add the gain and see the home should be worth $101,353.44 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-IN from 1996 to 1998:
+ 2.61%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 1996 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Jackson-MI, Bay-City-MI, and Monroe-MI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 34.16% from 1996 to the end of 1998
- Santa-Cruz-Watsonville-CA increased + 22.04% from 1996 to the end of 1998
- Jackson-MI increased + 21.73% from 1996 to the end of 1998
- Bay-City-MI increased + 20.64% from 1996 to the end of 1998
- Monroe-MI increased + 20.48% from 1996 to the end of 1998
Zip Code in MSA: 47202 - COLUMBUS, IN
MSA Pop: 72341Zip Pop: 0
Avg Value: 0
County: BARTHOLOMEW
Elev: 629
Region: Midwest
Lat: 39.20587
Long: -85.921439