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 + 22.04% (+ 4.41% yearly).

All of the property in OH averaged + 22.35% change in value (+ 4.47% yearly).

Columbus-OH

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1998-2001 Quarterly Detailed Appreciation


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

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

If you knew your Galena, Ohio home was worth $98,000.00 in 1997, you could multiply by + 22.04%, add the gain and see the home should be worth $119,595.18 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbus-OH from 1997 to 2001:
+ 4.41%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1997 to 2001 were Honolulu-HI, Williamsport-PA, Springfield-IL, Wenatchee-WA, and Albuquerque-NM .

  1. Honolulu-HI only increased + 5.24% between 1997 and 2001
  2. Williamsport-PA only increased + 7.92% between 1997 and 2001
  3. Springfield-IL only increased + 8.36% between 1997 and 2001
  4. Wenatchee-WA only increased + 8.71% between 1997 and 2001
  5. Albuquerque-NM only increased + 8.90% between 1997 and 2001

The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .

  1. Casper-WY lost - 42.34% from 1983 to 1987
  2. Lafayette-LA lost - 39.59% from 1983 thru 1987
  3. Lafayette-LA lost - 37.20% from 1984 thru 1988
  4. Grand-Junction-CO lost - 30.66% from 1982 thru 1986
  5. Anchorage-AK lost - 30.21% from 1985 thru 1989

Zip Code in MSA: 43021 - GALENA, OH

MSA Pop: 1674589
Zip Pop: 5474
Avg Value: 222700
County: DELAWARE
Elev: 900
Region: Midwest
Lat: 40.192973
Long: -82.897442