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 + 12.38% (+ 3.09% yearly) between 2003 and the end of 2006.

The state of OH had + 11.68% total appreciation (+ 2.92% yearly). The Columbus, Ohio MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 5.96% 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%
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%
2006 1 157.23 + 0.24% + 0.97%
2006 2 157.67 + 0.28% + 1.12%
2006 3 156.91 - 0.48% - 1.93%
2006 4 158.24 + 0.85% + 3.39%


There are a lot of ways to use the appreciation data for Columbus, Ohio .

Lets look at Delaware, 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 Delaware, Ohio check out 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 $109,000.00 in 2003, you could multiply by + 12.38%, add the gain and see the home should be worth $122,492.44 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbus-OH from 2003 to 2006:
+ 3.09%

Appreciation Comparisons

The top 5 performing MSAs from 2003 to 2006 were Bakersfield-CA, Visalia-Porterville-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Naples-Marco-Island-FL .

  1. Bakersfield-CA increased +110.89% from 2003 to the end of 2006
  2. Visalia-Porterville-CA increased +101.32% from 2003 to the end of 2006
  3. Madera-CA increased +100.36% from 2003 to the end of 2006
  4. Riverside-San-Bernardino-Ontario-CA increased +100.03% from 2003 to the end of 2006
  5. Naples-Marco-Island-FL increased + 99.23% from 2003 to the end of 2006

In contrast, the worst 5 MSAs from 2003 to 2006 were Kokomo-IN, Anderson-IN, Lafayette-IN, Saginaw-Saginaw-Township-North-MI, and Muncie-IN .

  1. Kokomo-IN only increased + 2.97% between 2003 and 2006
  2. Anderson-IN only increased + 3.19% between 2003 and 2006
  3. Lafayette-IN only increased + 5.02% between 2003 and 2006
  4. Saginaw-Saginaw-Township-North-MI only increased + 5.27% between 2003 and 2006
  5. Muncie-IN only increased + 6.15% between 2003 and 2006

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