Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Columbus, Ohio MSA appreciation it was + 12.85% (+ 4.28% yearly) from 2000 to 2002.

During the same time period, OH had + 12.55% (+ 4.18% yearly). You can see that the Columbus, Ohio MSA experienced higher appreciation in this case.

Columbus-OH

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


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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 $102,000.00 in 2000, you could multiply by + 12.85%, add the gain and see the home should be worth $115,103.57 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbus-OH from 2000 to 2002:
+ 4.28%

Appreciation Comparisons

The top 5 performing MSAs from 2000 to 2002 were Barnstable-Town-MA, San-Luis-Obispo-Paso-Robles-CA, Modesto-CA, Vallejo-Fairfield-CA, and Napa-CA .

  1. Barnstable-Town-MA increased + 49.98% from 2000 to the end of 2002
  2. San-Luis-Obispo-Paso-Robles-CA increased + 47.67% from 2000 to the end of 2002
  3. Modesto-CA increased + 47.60% from 2000 to the end of 2002
  4. Vallejo-Fairfield-CA increased + 46.66% from 2000 to the end of 2002
  5. Napa-CA increased + 45.33% from 2000 to the end of 2002

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