Real Estate Appreciation for Corvallis, Oregon: + 39.63%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Corvallis, Oregon MSA appreciated + 39.63% (+ 9.91% yearly) between 1993 and the end of 1996.
The state of OR had + 37.34% total appreciation (+ 9.34% yearly).
The Corvallis, Oregon MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 6.12% faster than the state as a whole.
Corvallis-OR
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 80.2 | + 0.96% | + 3.83% |
| 1993 | 3 | 83.11 | + 3.63% | + 14.51% |
| 1993 | 4 | 87.49 | + 5.27% | + 21.08% |
| 1994 | 1 | 89.08 | + 1.82% | + 7.27% |
| 1994 | 2 | 94.14 | + 5.68% | + 22.72% |
| 1994 | 3 | 97.78 | + 3.87% | + 15.47% |
| 1994 | 4 | 98.7 | + 0.94% | + 3.76% |
| 1995 | 1 | 100 | + 1.32% | + 5.27% |
| 1995 | 2 | 103.15 | + 3.15% | + 12.60% |
| 1995 | 3 | 104.47 | + 1.28% | + 5.12% |
| 1995 | 4 | 104.77 | + 0.29% | + 1.15% |
| 1996 | 1 | 107.19 | + 2.31% | + 9.24% |
| 1996 | 2 | 106.83 | - 0.34% | - 1.34% |
| 1996 | 3 | 109.07 | + 2.10% | + 8.39% |
| 1996 | 4 | 110.92 | + 1.70% | + 6.78% |
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 Corvallis, Oregon Refinance, or Corvallis, Oregon Reverse Mortgages, you could estimate your home value.
If you knew your Corvallis, Oregon home was worth $89,000.00 in 1993, you could multiply by + 39.63%, add the gain and see the home should be worth $124,268.38 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corvallis-OR from 1993 to 1996:
+ 9.91%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1996 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Greeley-CO .
- Salt-Lake-City-UT increased + 55.78% from 1993 to the end of 1996
- Provo-Orem-UT increased + 52.50% from 1993 to the end of 1996
- Ogden-Clearfield-UT increased + 51.69% from 1993 to the end of 1996
- Logan-UT-ID increased + 43.02% from 1993 to the end of 1996
- Greeley-CO increased + 41.92% from 1993 to the end of 1996
In contrast, the worst 5 MSAs from 1993 to 1996 were Riverside-San-Bernardino-Ontario-CA, Binghamton-NY, Kingston-NY, Utica-Rome-NY, and Sacramento-Arden-Arcade-Roseville-CA .
- Riverside-San-Bernardino-Ontario-CA decreased by - 15.31% between 1993 and 1996
- Binghamton-NY decreased by - 14.87% between 1993 and 1996
- Kingston-NY decreased by - 13.20% between 1993 and 1996
- Utica-Rome-NY decreased by - 9.87% between 1993 and 1996
- Sacramento-Arden-Arcade-Roseville-CA decreased by - 9.65% between 1993 and 1996
Zip Code in MSA: 97330 - CORVALLIS, OR
MSA Pop: 79335Zip Pop: 40672
Avg Value: 170500
County: BENTON
Elev: 225
Region: West
Lat: 44.601346
Long: -123.273255