Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Columbus, Ohio MSA appreciated + 7.53% (+ 3.77% yearly) between 2003 and the end of 2004.

The state of OH had + 7.00% total appreciation (+ 3.50% yearly). The Columbus, Ohio MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 7.68% faster than the state as a whole.

Columbus-OH

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


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If you were going to do a Westerville, Ohio Refinance, or Westerville, Ohio Reverse Mortgages, you could estimate your home value.

If you knew your Westerville, Ohio home was worth $107,000.00 in 2003, you could multiply by + 7.53%, add the gain and see the home should be worth $115,062.42 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbus-OH from 2003 to 2004:
+ 3.77%

Appreciation Comparisons

The top 5 performing MSAs from 2003 to 2004 were Las-Vegas-Paradise-NV, Riverside-San-Bernardino-Ontario-CA, Bakersfield-CA, Madera-CA, and Fresno-CA .

  1. Las-Vegas-Paradise-NV increased + 54.53% from 2003 to the end of 2004
  2. Riverside-San-Bernardino-Ontario-CA increased + 51.05% from 2003 to the end of 2004
  3. Bakersfield-CA increased + 50.02% from 2003 to the end of 2004
  4. Madera-CA increased + 48.31% from 2003 to the end of 2004
  5. Fresno-CA increased + 47.99% from 2003 to the end of 2004

Zip Code in MSA: 43082 - WESTERVILLE, OH

MSA Pop: 1674589
Zip Pop: 17786
Avg Value: 225500
County: DELAWARE
Elev: 900
Region: Midwest
Lat: 40.11948
Long: -82.92918