Real Estate Appreciation for Columbus, Indiana: + 4.12%
Appreciation for MSAs:.
Let's start by comparing Columbus, Indiana to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 4.12% (+ 2.06% yearly) for the Columbus, Indiana MSA.
The entire state of IN had + 4.93% appreciation (+ 2.46% yearly).
The state average for Indiana was higher than the real estate appreciation in the Columbus, Indiana MSA. This means the conditions in the MSA for real estate investment were worse by + 19.66%.
Columbus-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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 2002, you could multiply by + 4.12%, add the gain and see the home should be worth $109,322.35 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-IN from 2002 to 2003:
+ 2.06%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2003 were Fresno-CA, Yuba-City-CA, Chico-CA, Madera-CA, and Redding-CA .
- Fresno-CA increased + 36.89% from 2002 to the end of 2003
- Yuba-City-CA increased + 35.43% from 2002 to the end of 2003
- Chico-CA increased + 35.05% from 2002 to the end of 2003
- Madera-CA increased + 34.32% from 2002 to the end of 2003
- Redding-CA increased + 34.01% from 2002 to the end of 2003
Zip Code in MSA: 47201 - COLUMBUS, IN
MSA Pop: 72341Zip Pop: 37915
Avg Value: 94500
County: BARTHOLOMEW
Elev: 629
Region: Midwest
Lat: 39.200842
Long: -85.93243