Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Columbus, Indiana MSA appreciated + 7.56% (+ 1.89% yearly) for the period between 2001 and the end of 2004.

The state had + 12.26% total appreciation (+ 3.06% yearly). The state average for Indiana was higher than the real estate appreciation in the Columbus, Indiana MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 62.07% faster than this MSA.

Columbus-IN

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2001 2 120.05 + 0.32% + 1.27%
2001 3 120.56 + 0.42% + 1.70%
2001 4 120.63 + 0.06% + 0.23%
2002 1 120.49 - 0.12% - 0.46%
2002 2 120.55 + 0.05% + 0.20%
2002 3 121.6 + 0.87% + 3.48%
2002 4 122.78 + 0.97% + 3.88%
2003 1 123.17 + 0.32% + 1.27%
2003 2 122.95 - 0.18% - 0.71%
2003 3 124.27 + 1.07% + 4.29%
2003 4 125.45 + 0.95% + 3.80%
2004 1 126.1 + 0.52% + 2.07%
2004 2 127.09 + 0.79% + 3.14%
2004 3 127.79 + 0.55% + 2.20%
2004 4 128.72 + 0.73% + 2.91%


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 $105,000.00 in 2001, you could multiply by + 7.56%, add the gain and see the home should be worth $112,940.59 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbus-IN from 2001 to 2004:
+ 1.89%

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 .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 47203 - COLUMBUS, IN

MSA Pop: 72341
Zip Pop: 23965
Avg Value: 116300
County: BARTHOLOMEW
Elev: 629
Region: Midwest
Lat: 39.231962
Long: -85.874317