Real Estate Appreciation for Columbus, Ohio: + 27.93%
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 + 27.93% (+ 3.99% yearly) from 2000 to 2006.
During the same time period, OH had + 26.67% (+ 3.81% yearly).
You can see that the Columbus, Ohio MSA experienced higher appreciation in this case.
Columbus-OH
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Columbus-OH here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Ohio, you can do some research at 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 $106,000.00 in 2000, you could multiply by + 27.93%, add the gain and see the home should be worth $135,608.70 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-OH from 2000 to 2006:
+ 3.99%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2000 to 2006 were Kokomo-IN, Lafayette-IN, Anderson-IN, Sioux-City-IA-NE-SD, and Fort-Wayne-IN .
- Kokomo-IN only increased + 12.58% between 2000 and 2006
- Lafayette-IN only increased + 13.25% between 2000 and 2006
- Anderson-IN only increased + 16.70% between 2000 and 2006
- Sioux-City-IA-NE-SD only increased + 18.69% between 2000 and 2006
- Fort-Wayne-IN only increased + 19.01% between 2000 and 2006
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