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 + 10.86% (+ 3.62% yearly).

All of the property in OH averaged + 11.15% change in value (+ 3.72% yearly).

Columbus-OH

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 110.97 + 0.59% + 2.36%
1997 3 112.11 + 1.03% + 4.11%
1997 4 113.54 + 1.28% + 5.10%
1998 1 115.21 + 1.47% + 5.88%
1998 2 115.88 + 0.58% + 2.33%
1998 3 117.14 + 1.09% + 4.35%
1998 4 118.73 + 1.36% + 5.43%
1999 1 119.72 + 0.83% + 3.34%
1999 2 120.65 + 0.78% + 3.11%
1999 3 121.33 + 0.56% + 2.25%
1999 4 122.3 + 0.80% + 3.20%


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

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

If you knew your Ashley, Ohio home was worth $96,000.00 in 1997, you could multiply by + 10.86%, add the gain and see the home should be worth $106,424.95 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbus-OH from 1997 to 1999:
+ 3.62%

Appreciation Comparisons

The worst 5 MSAs from 1997 to 1999 were Honolulu-HI, Williamsport-PA, Buffalo-Niagara-Falls-NY, Ithaca-NY, and Reading-PA .

  1. Honolulu-HI decreased by - 5.64% between 1997 and 1999
  2. Williamsport-PA decreased by - 0.53% between 1997 and 1999
  3. Buffalo-Niagara-Falls-NY only increased + 0.14% between 1997 and 1999
  4. Ithaca-NY only increased + 0.26% between 1997 and 1999
  5. Reading-PA only increased + 1.79% between 1997 and 1999

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

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

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