Real Estate Appreciation for Columbus, Indiana: + 5.14%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Columbus, Indiana did compared to the state as a whole.
The Columbus, Indiana MSA property value change was + 5.14% (+ 1.71% yearly).
All of the property in IN averaged + 10.55% change in value (+ 3.52% yearly).
Columbus-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1999 | 1 | 113.55 | - 0.74% | - 2.97% |
| 1999 | 2 | 115.01 | + 1.29% | + 5.14% |
| 1999 | 3 | 117.12 | + 1.83% | + 7.34% |
| 1999 | 4 | 113.52 | - 3.07% | - 12.30% |
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 $96,000.00 in 1997, you could multiply by + 5.14%, add the gain and see the home should be worth $100,934.70 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-IN from 1997 to 1999:
+ 1.71%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1997 to 1999 were Honolulu-HI, Williamsport-PA, Buffalo-Niagara-Falls-NY, Ithaca-NY, and Reading-PA .
- Honolulu-HI decreased by - 5.64% between 1997 and 1999
- Williamsport-PA decreased by - 0.53% between 1997 and 1999
- Buffalo-Niagara-Falls-NY only increased + 0.14% between 1997 and 1999
- Ithaca-NY only increased + 0.26% between 1997 and 1999
- Reading-PA only increased + 1.79% between 1997 and 1999
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
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