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 + 19.98% (+ 4.00% yearly) for the period between 2001 and the end of 2005.

The state had + 18.89% total appreciation (+ 3.78% 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

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2002-2005 Quarterly Detailed Appreciation


If you want to learn more about fixing up and flipping property and Hard Money Rehab Loans 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 $106,000.00 in 2001, you could multiply by + 19.98%, add the gain and see the home should be worth $127,178.92 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbus-OH from 2001 to 2005:
+ 4.00%

Appreciation Comparisons

The worst 5 MSAs from 2001 to 2005 were Lafayette-IN, Burlington-NC, Rocky-Mount-NC, Decatur-AL, and Jonesboro-AR .

  1. Lafayette-IN only increased + 9.24% between 2001 and 2005
  2. Burlington-NC only increased + 9.68% between 2001 and 2005
  3. Rocky-Mount-NC only increased + 11.41% between 2001 and 2005
  4. Decatur-AL only increased + 12.39% between 2001 and 2005
  5. Jonesboro-AR only increased + 12.46% between 2001 and 2005

For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
  2. Worcester-MA increased +138.82% from 1982 thru 1986
  3. Fresno-CA increased +137.23% from 2001 thru 2005
  4. Madera-CA increased +136.99% from 2001 thru 2005
  5. Yuba-City-CA increased +136.08% from 2001 thru 2005

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