Real Estate Appreciation for Corvallis, Oregon: + 8.72%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Corvallis, Oregon: + 8.72%
- State of OR: + 15.75%
- Difference: - 44.63%
Corvallis-OR
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 106.83 | - 0.34% | - 1.34% |
| 1996 | 3 | 109.07 | + 2.10% | + 8.39% |
| 1996 | 4 | 110.92 | + 1.70% | + 6.78% |
| 1997 | 1 | 110.7 | - 0.20% | - 0.79% |
| 1997 | 2 | 111 | + 0.27% | + 1.08% |
| 1997 | 3 | 114.35 | + 3.02% | + 12.07% |
| 1997 | 4 | 114.08 | - 0.24% | - 0.94% |
| 1998 | 1 | 114.04 | - 0.04% | - 0.14% |
| 1998 | 2 | 116.41 | + 2.08% | + 8.31% |
| 1998 | 3 | 114.91 | - 1.29% | - 5.15% |
| 1998 | 4 | 116.54 | + 1.42% | + 5.67% |
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If you were going to do a Blodgett, Oregon Refinance, or Blodgett, Oregon Reverse Mortgages, you could estimate your home value.
If you knew your Blodgett, Oregon home was worth $94,000.00 in 1996, you could multiply by + 8.72%, add the gain and see the home should be worth $102,199.46 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corvallis-OR from 1996 to 1998:
+ 2.91%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 1996 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Jackson-MI, Bay-City-MI, and Monroe-MI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 34.16% from 1996 to the end of 1998
- Santa-Cruz-Watsonville-CA increased + 22.04% from 1996 to the end of 1998
- Jackson-MI increased + 21.73% from 1996 to the end of 1998
- Bay-City-MI increased + 20.64% from 1996 to the end of 1998
- Monroe-MI increased + 20.48% from 1996 to the end of 1998
Zip Code in MSA: 97326 - BLODGETT, OR
MSA Pop: 79335Zip Pop: 781
Avg Value: 163300
County: BENTON
Elev: 225
Region: West
Lat: 44.638815
Long: -123.554098