Real Estate Appreciation for Columbus, Indiana: + 6.19%
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 + 6.19% (+ 3.09% yearly).
All of the property in IN averaged + 5.37% change in value (+ 2.69% yearly).
Columbus-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
Lets look at Columbus, Indiana, a city located in Columbus, Indiana MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $111,000.00 in 2005, you could multiply by + 6.19%, add the gain and see the home should be worth $117,869.32 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-IN from 2005 to 2006:
+ 3.09%
Appreciation Comparisons
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
The top 5 performing MSAs from 2005 to 2006 were Bend-OR, Boise-City-Nampa-ID, Phoenix-Mesa-Scottdale-AZ, Naples-Marco-Island-FL, and Ocala-FL .
- Bend-OR increased + 52.68% from 2005 to the end of 2006
- Boise-City-Nampa-ID increased + 43.68% from 2005 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased + 43.40% from 2005 to the end of 2006
- Naples-Marco-Island-FL increased + 41.08% from 2005 to the end of 2006
- Ocala-FL increased + 40.98% from 2005 to the end of 2006
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