Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Columbus, Ohio did compared to the state as a whole.

The Columbus, Ohio MSA property value change was + 13.54% (+ 4.51% yearly).

All of the property in OH averaged + 14.48% change in value (+ 4.83% yearly).

Columbus-OH

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1995 2 101.84 + 1.84% + 7.36%
1995 3 103.38 + 1.51% + 6.05%
1995 4 104.77 + 1.34% + 5.38%
1996 1 106.06 + 1.23% + 4.93%
1996 2 107.09 + 0.97% + 3.88%
1996 3 107.67 + 0.54% + 2.17%
1996 4 109 + 1.24% + 4.94%
1997 1 110.32 + 1.21% + 4.84%
1997 2 110.97 + 0.59% + 2.36%
1997 3 112.11 + 1.03% + 4.11%
1997 4 113.54 + 1.28% + 5.10%


Lets look at Ashley, 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 Ashley, Ohio Refinance, or Ashley, Ohio Reverse Mortgages, you could estimate your home value.

If you knew your Ashley, Ohio home was worth $92,000.00 in 1995, you could multiply by + 13.54%, add the gain and see the home should be worth $104,456.80 in 1997. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbus-OH from 1995 to 1997:
+ 4.51%

Appreciation Comparisons

The top 5 performing MSAs from 1995 to 1997 were Bay-City-MI, Ogden-Clearfield-UT, Salt-Lake-City-UT, Battle-Creek-MI, and Portland-Vancouver-Beaverton-OR-WA .

  1. Bay-City-MI increased + 25.65% from 1995 to the end of 1997
  2. Ogden-Clearfield-UT increased + 25.40% from 1995 to the end of 1997
  3. Salt-Lake-City-UT increased + 24.43% from 1995 to the end of 1997
  4. Battle-Creek-MI increased + 24.38% from 1995 to the end of 1997
  5. Portland-Vancouver-Beaverton-OR-WA increased + 23.69% from 1995 to the end of 1997

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

Zip Code in MSA: 43003 - ASHLEY, OH

MSA Pop: 1674589
Zip Pop: 2490
Avg Value: 91500
County: DELAWARE
Elev: 900
Region: Midwest
Lat: 40.4168
Long: -82.9754