Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Columbus, Ohio did compared to the state as a whole.

The Columbus, Ohio MSA property value change was + 3.78% (+ 1.89% yearly).

All of the property in OH averaged + 3.37% change in value (+ 1.69% yearly).

Columbus-OH

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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 Westerville, 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 Westerville, Ohio check out Spec-Loan.com

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 $111,000.00 in 2005, you could multiply by + 3.78%, add the gain and see the home should be worth $115,200.63 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbus-OH from 2005 to 2006:
+ 1.89%

Appreciation Comparisons

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

The top 5 performing MSAs from 2005 to 2006 were Bend-OR, Boise-City-Nampa-ID, Phoenix-Mesa-Scottdale-AZ, Naples-Marco-Island-FL, and Ocala-FL .

  1. Bend-OR increased + 52.68% from 2005 to the end of 2006
  2. Boise-City-Nampa-ID increased + 43.68% from 2005 to the end of 2006
  3. Phoenix-Mesa-Scottdale-AZ increased + 43.40% from 2005 to the end of 2006
  4. Naples-Marco-Island-FL increased + 41.08% from 2005 to the end of 2006
  5. Ocala-FL increased + 40.98% from 2005 to the end of 2006

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