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, Ohio MSA appreciated + 23.13% (+ 4.63% yearly) between 1993 and the end of 1997.

The state of OH had + 24.41% total appreciation (+ 4.88% 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 than the state as a whole. The state appreaciated + 5.54% faster than this MSA.

Columbus-OH

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1994-1997 Quarterly Detailed Appreciation


Some of the ways peope use our appreciation data for Columbus, Ohio include real estate investment .

Lets look at Galena, Ohio, a city located in Columbus, Ohio MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Ohio check out Spec-Loan.com

If you were going to do a Galena, Ohio Refinance, or Galena, Ohio Reverse Mortgages, you could estimate your home value.

If you knew your Galena, Ohio home was worth $90,000.00 in 1993, you could multiply by + 23.13%, add the gain and see the home should be worth $110,818.78 in 1997. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbus-OH from 1993 to 1997:
+ 4.63%

Appreciation Comparisons

For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
  2. Worcester-MA increased +138.82% from 1982 thru 1986
  3. Fresno-CA increased +137.23% from 2001 thru 2005
  4. Madera-CA increased +136.99% from 2001 thru 2005
  5. Yuba-City-CA increased +136.08% from 2001 thru 2005

Zip Code in MSA: 43021 - GALENA, OH

MSA Pop: 1674589
Zip Pop: 5474
Avg Value: 222700
County: DELAWARE
Elev: 900
Region: Midwest
Lat: 40.192973
Long: -82.897442