Real Estate Appreciation for Columbus, Ohio: + 71.61%
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 + 71.61% (+ 5.11% yearly) between 1993 and the end of 2006.
The state of OH had + 71.06% total appreciation (+ 5.08% yearly).
The Columbus, Ohio MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 0.78% faster than the state as a whole.
Columbus-OH
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Lets look at Pataskala, Ohio, a city located in Columbus, Ohio 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 Pataskala, Ohio Refinance, or Pataskala, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your Pataskala, Ohio home was worth $99,000.00 in 1993, you could multiply by + 71.61%, add the gain and see the home should be worth $169,892.20 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-OH from 1993 to 2006:
+ 5.11%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 2006 were Salinas-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Bend-OR, Flagstaff-AZ-UT, and Phoenix-Mesa-Scottdale-AZ .
- Salinas-CA increased +247.88% from 1993 to the end of 2006
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +240.91% from 1993 to the end of 2006
- Bend-OR increased +230.33% from 1993 to the end of 2006
- Flagstaff-AZ-UT increased +228.96% from 1993 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased +223.72% from 1993 to the end of 2006
For a 14 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Honolulu-HI, San-Jose-Sunnyvale-Santa-Clara-CA, Oxnard-Thousand-Oaks-Ventura-CA, and Santa-Rosa-Petaluma-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +471.91% from 1976 thru 1989
- Honolulu-HI increased +338.44% from 1978 thru 1991
- San-Jose-Sunnyvale-Santa-Clara-CA increased +337.52% from 1977 thru 1990
- Oxnard-Thousand-Oaks-Ventura-CA increased +325.36% from 1977 thru 1990
- Santa-Rosa-Petaluma-CA increased +309.66% from 1977 thru 1990
Zip Code in MSA: 43062 - PATASKALA, OH
MSA Pop: 1674589Zip Pop: 19468
Avg Value: 135600
County: LICKING
Elev: 829
Region: Midwest
Lat: 40.00272
Long: -82.676029