Real Estate Appreciation for Columbus, Indiana: + 7.51%
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 + 7.51% (+ 1.88% yearly).
All of the property in IN averaged + 14.93% change in value (+ 3.73% 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% |
| 2000 | 1 | 113.69 | + 0.15% | + 0.60% |
| 2000 | 2 | 114.4 | + 0.62% | + 2.50% |
| 2000 | 3 | 115.87 | + 1.28% | + 5.14% |
| 2000 | 4 | 116.08 | + 0.18% | + 0.72% |
There are a lot of ways to use the appreciation data for Columbus, Indiana .
Lets look at Columbus, Indiana, a city located in Columbus, Indiana MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Columbus, 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 $97,000.00 in 1997, you could multiply by + 7.51%, add the gain and see the home should be worth $104,286.01 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-IN from 1997 to 2000:
+ 1.88%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
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