Real Estate Appreciation for Columbus, Ohio: + 34.63%
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 + 34.63% (+ 4.95% yearly).
All of the property in OH averaged + 35.37% change in value (+ 5.05% yearly).
Columbus-OH
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Columbus, Ohio include real estate investment .
Lets look at Columbus, 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 Columbus, Ohio Refinance, or Columbus, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your Columbus, Ohio home was worth $96,000.00 in 1995, you could multiply by + 34.63%, add the gain and see the home should be worth $129,244.80 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-OH from 1995 to 2001:
+ 4.95%
Appreciation Comparisons
For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .
- Salinas-CA increased +208.13% from 1999 thru 2005
- Springfield-MA increased +199.02% from 1981 thru 1987
- Merced-CA increased +193.70% from 1999 thru 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 43240 - COLUMBUS, OH
MSA Pop: 1674589Zip Pop: 1193
Avg Value: 175000
County: DELAWARE
Elev: 900
Region: Midwest
Lat: 40.1417
Long: -82.9844