Appreciation for MSAs:.

Let's start by comparing Columbus, Ohio to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 15.42% (+ 3.86% yearly) for the Columbus, Ohio MSA.

The entire state of OH had + 14.63% appreciation (+ 3.66% yearly). The Columbus, Ohio MSA beat out the state. by + 5.43% appreciation.

Columbus-OH

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2005 1 152.47 + 0.69% + 2.77%
2005 2 154.89 + 1.59% + 6.35%
2005 3 156.22 + 0.86% + 3.43%
2005 4 156.85 + 0.40% + 1.61%


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Delaware, Ohio click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Columbus, Ohio.

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 $107,000.00 in 2002, you could multiply by + 15.42%, add the gain and see the home should be worth $123,503.94 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbus-OH from 2002 to 2005:
+ 3.86%

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 .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. 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 .

  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

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