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 + 15.83% (+ 3.96% yearly) for the period between 2001 and the end of 2004.

The state had + 14.63% total appreciation (+ 3.66% 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

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2003 1 140.81 + 0.88% + 3.52%
2003 2 141.88 + 0.76% + 3.04%
2003 3 142.97 + 0.77% + 3.07%
2003 4 145.28 + 1.62% + 6.46%
2004 1 146.47 + 0.82% + 3.28%
2004 2 147.3 + 0.57% + 2.27%
2004 3 149.4 + 1.43% + 5.70%
2004 4 151.42 + 1.35% + 5.41%


If you need information on Hard Money Rehab Loans in Delaware, Ohio look at 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 $105,000.00 in 2001, you could multiply by + 15.83%, add the gain and see the home should be worth $121,617.84 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbus-OH from 2001 to 2004:
+ 3.96%

Appreciation Comparisons

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

The top 5 performing MSAs from 2001 to 2004 were Riverside-San-Bernardino-Ontario-CA, Yuba-City-CA, Fresno-CA, Madera-CA, and San-Diego-Carlsbad-San-Marcos-CA .

  1. Riverside-San-Bernardino-Ontario-CA increased + 90.90% from 2001 to the end of 2004
  2. Yuba-City-CA increased + 90.67% from 2001 to the end of 2004
  3. Fresno-CA increased + 90.07% from 2001 to the end of 2004
  4. Madera-CA increased + 89.58% from 2001 to the end of 2004
  5. San-Diego-Carlsbad-San-Marcos-CA increased + 87.47% from 2001 to the end of 2004

Zip Code in MSA: 43015 - DELAWARE, OH

MSA Pop: 1674589
Zip Pop: 36625
Avg Value: 139400
County: DELAWARE
Elev: 900
Region: Midwest
Lat: 40.28538
Long: -83.0595