Real Estate Appreciation for Columbus, Ohio: + 16.59%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Columbus, Ohio MSA appreciated + 16.59% (+ 4.15% yearly) for the period between 1999 and the end of 2002.
The state had + 15.62% total appreciation (+ 3.91% yearly).
The Columbus, Ohio MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Columbus-OH
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 120.65 | + 0.78% | + 3.11% |
| 1999 | 3 | 121.33 | + 0.56% | + 2.25% |
| 1999 | 4 | 122.3 | + 0.80% | + 3.20% |
| 2000 | 1 | 123.69 | + 1.14% | + 4.55% |
| 2000 | 2 | 125.28 | + 1.29% | + 5.14% |
| 2000 | 3 | 126.46 | + 0.94% | + 3.77% |
| 2000 | 4 | 128.24 | + 1.41% | + 5.63% |
| 2001 | 1 | 130.73 | + 1.94% | + 7.77% |
| 2001 | 2 | 131.95 | + 0.93% | + 3.73% |
| 2001 | 3 | 133.35 | + 1.06% | + 4.24% |
| 2001 | 4 | 134.63 | + 0.96% | + 3.84% |
| 2002 | 1 | 135.89 | + 0.94% | + 3.74% |
| 2002 | 2 | 136.99 | + 0.81% | + 3.24% |
| 2002 | 3 | 138.71 | + 1.26% | + 5.02% |
| 2002 | 4 | 139.58 | + 0.63% | + 2.51% |
There are a lot of ways to use the appreciation data for Columbus, Ohio .
Lets look at Delaware, 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 Delaware, Ohio check out Spec-Loan.com
If you were going to do a Delaware, Ohio Refinance, or Delaware, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your Delaware, Ohio home was worth $101,000.00 in 1999, you could multiply by + 16.59%, add the gain and see the home should be worth $117,754.59 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-OH from 1999 to 2002:
+ 4.15%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 43015 - DELAWARE, OH
MSA Pop: 1674589Zip Pop: 36625
Avg Value: 139400
County: DELAWARE
Elev: 900
Region: Midwest
Lat: 40.28538
Long: -83.0595