Real Estate Appreciation for Columbus, Ohio: + 37.31%
Appreciation for MSAs:.
Let's start by comparing Columbus, Ohio 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 + 37.31% (+ 4.66% yearly) for the Columbus, Ohio MSA.
The entire state of OH had + 38.35% appreciation (+ 4.79% yearly).
The state average for Ohio was higher than the real estate appreciation in the Columbus, Ohio MSA. This means the conditions in the MSA for real estate investment were worse by + 2.81%.
Columbus-OH
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Columbus, Ohio .
Lets look at Powell, Ohio, a city located in Columbus, Ohio 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 Powell, Ohio check out Spec-Loan.com
If you were going to do a Powell, Ohio Refinance, or Powell, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your Powell, Ohio home was worth $91,000.00 in 1992, you could multiply by + 37.31%, add the gain and see the home should be worth $124,950.04 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-OH from 1992 to 1999:
+ 4.66%
Appreciation Comparisons
For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .
- Salinas-CA increased +233.30% from 1998 thru 2005
- Springfield-MA increased +225.43% from 1981 thru 1988
- Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
- Salinas-CA increased +204.52% from 1999 thru 2006
- Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005
Zip Code in MSA: 43065 - POWELL, OH
MSA Pop: 1674589Zip Pop: 24414
Avg Value: 201500
County: DELAWARE
Elev: 900
Region: Midwest
Lat: 40.17324
Long: -83.09106