Real Estate Appreciation for Columbus, Indiana: + 12.28%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Columbus, Indiana MSA appreciated + 12.28% (+ 3.07% yearly) between 2003 and the end of 2006.
The state of IN had + 12.40% total appreciation (+ 3.10% 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 than the state as a whole. The state appreaciated + 0.92% faster than this MSA.
Columbus-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2005 | 1 | 130.24 | + 1.18% | + 4.72% |
| 2005 | 2 | 133.18 | + 2.26% | + 9.03% |
| 2005 | 3 | 134.04 | + 0.65% | + 2.58% |
| 2005 | 4 | 134.69 | + 0.48% | + 1.94% |
| 2006 | 1 | 136.84 | + 1.60% | + 6.39% |
| 2006 | 2 | 134.16 | - 1.96% | - 7.83% |
| 2006 | 3 | 137.25 | + 2.30% | + 9.21% |
| 2006 | 4 | 138.3 | + 0.77% | + 3.06% |
If you need information on Hard Money Rehab Loans in Columbus, Indiana look at 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 $109,000.00 in 2003, you could multiply by + 12.28%, add the gain and see the home should be worth $122,389.38 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-IN from 2003 to 2006:
+ 3.07%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2003 to 2006 were Kokomo-IN, Anderson-IN, Lafayette-IN, Saginaw-Saginaw-Township-North-MI, and Muncie-IN .
- Kokomo-IN only increased + 2.97% between 2003 and 2006
- Anderson-IN only increased + 3.19% between 2003 and 2006
- Lafayette-IN only increased + 5.02% between 2003 and 2006
- Saginaw-Saginaw-Township-North-MI only increased + 5.27% between 2003 and 2006
- Muncie-IN only increased + 6.15% between 2003 and 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
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