Real Estate Appreciation for Columbus, Ohio: + 11.39%
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 + 11.39% (+ 3.80% yearly) between 2003 and the end of 2005.
The state of OH had + 10.98% total appreciation (+ 3.66% yearly).
The Columbus, Ohio MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 3.78% faster than the state as a whole.
Columbus-OH
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
There are a lot of ways to use the appreciation data for Columbus, Ohio .
Lets look at Ashley, Ohio, a city located in Columbus, Ohio MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Ashley, Ohio check out Spec-Loan.com
If you were going to do a Ashley, Ohio Refinance, or Ashley, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your Ashley, Ohio home was worth $108,000.00 in 2003, you could multiply by + 11.39%, add the gain and see the home should be worth $120,302.54 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-OH from 2003 to 2005:
+ 3.80%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
Zip Code in MSA: 43003 - ASHLEY, OH
MSA Pop: 1674589Zip Pop: 2490
Avg Value: 91500
County: DELAWARE
Elev: 900
Region: Midwest
Lat: 40.4168
Long: -82.9754