Real Estate Appreciation for Corvallis, Oregon: + 84.38%
Appreciation for MSAs:.
Let's start by comparing Corvallis, Oregon 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 + 84.38% (+ 7.67% yearly) for the Corvallis, Oregon MSA.
The entire state of OR had + 89.57% appreciation (+ 8.14% yearly).
The state average for Oregon was higher than the real estate appreciation in the Corvallis, Oregon MSA. This means the conditions in the MSA for real estate investment were worse by + 6.15%.
Corvallis-OR
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Monroe, Oregon Refinance, or Monroe, Oregon Reverse Mortgages, you could estimate your home value.
If you knew your Monroe, Oregon home was worth $94,000.00 in 1992, you could multiply by + 84.38%, add the gain and see the home should be worth $173,317.63 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corvallis-OR from 1992 to 2002:
+ 7.67%
Appreciation Comparisons
The top 5 performing MSAs from 1992 to 2002 were Boulder-CO, Denver-Aurora-CO, Fort-Collins-Loveland-CO, Greeley-CO, and Barnstable-Town-MA .
- Boulder-CO increased +149.08% from 1992 to the end of 2002
- Denver-Aurora-CO increased +134.30% from 1992 to the end of 2002
- Fort-Collins-Loveland-CO increased +128.61% from 1992 to the end of 2002
- Greeley-CO increased +124.75% from 1992 to the end of 2002
- Barnstable-Town-MA increased +111.34% from 1992 to the end of 2002
In contrast, the worst 5 MSAs from 1992 to 2002 were Honolulu-HI, Binghamton-NY, Utica-Rome-NY, Syracuse-NY, and Albany-Schenectady-Troy-NY .
- Honolulu-HI only increased + 2.20% between 1992 and 2002
- Binghamton-NY only increased + 8.44% between 1992 and 2002
- Utica-Rome-NY only increased + 11.97% between 1992 and 2002
- Syracuse-NY only increased + 14.42% between 1992 and 2002
- Albany-Schenectady-Troy-NY only increased + 15.15% between 1992 and 2002
Zip Code in MSA: 97456 - MONROE, OR
MSA Pop: 79335Zip Pop: 2596
Avg Value: 149200
County: BENTON
Elev: 225
Region: West
Lat: 44.32434
Long: -123.31914