Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Columbus, Ohio MSA appreciation it was + 44.82% (+ 4.98% yearly) from 1994 to 2002.

During the same time period, OH had + 45.05% (+ 5.01% yearly). From 1994 to 2002, Ohio outperformed the individual Columbus, Ohio MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Columbus-OH

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 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 $96,000.00 in 1994, you could multiply by + 44.82%, add the gain and see the home should be worth $139,029.67 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbus-OH from 1994 to 2002:
+ 4.98%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 2002 were Barnstable-Town-MA, San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, and Salinas-CA .

  1. Barnstable-Town-MA increased +116.17% from 1994 to the end of 2002
  2. San-Jose-Sunnyvale-Santa-Clara-CA increased +112.59% from 1994 to the end of 2002
  3. Santa-Cruz-Watsonville-CA increased +104.39% from 1994 to the end of 2002
  4. Denver-Aurora-CO increased + 98.00% from 1994 to the end of 2002
  5. Salinas-CA increased + 93.56% from 1994 to the end of 2002

In contrast, the worst 5 MSAs from 1994 to 2002 were Honolulu-HI, Utica-Rome-NY, Binghamton-NY, Buffalo-Niagara-Falls-NY, and Rochester-NY .

  1. Honolulu-HI only increased + 0.38% between 1994 and 2002
  2. Utica-Rome-NY only increased + 11.21% between 1994 and 2002
  3. Binghamton-NY only increased + 12.32% between 1994 and 2002
  4. Buffalo-Niagara-Falls-NY only increased + 13.28% between 1994 and 2002
  5. Rochester-NY only increased + 13.43% between 1994 and 2002

Zip Code in MSA: 43065 - POWELL, OH

MSA Pop: 1674589
Zip Pop: 24414
Avg Value: 201500
County: DELAWARE
Elev: 900
Region: Midwest
Lat: 40.17324
Long: -83.09106