Real Estate Appreciation for Corvallis, Oregon: + 4.46%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Corvallis, Oregon did compared to the state as a whole.
The Corvallis, Oregon MSA property value change was + 4.46% (+ 1.49% yearly).
All of the property in OR averaged + 10.53% change in value (+ 3.51% yearly).
Corvallis-OR
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1999 | 1 | 114.84 | - 1.46% | - 5.83% |
| 1999 | 2 | 116.53 | + 1.47% | + 5.89% |
| 1999 | 3 | 117.78 | + 1.07% | + 4.29% |
| 1999 | 4 | 115.64 | - 1.82% | - 7.27% |
There are a lot of ways to use the appreciation data for Corvallis, Oregon .
Lets look at Blodgett, Oregon, a city located in Corvallis, Oregon 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 Blodgett, Oregon check out Spec-Loan.com
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 $96,000.00 in 1997, you could multiply by + 4.46%, add the gain and see the home should be worth $100,284.01 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corvallis-OR from 1997 to 1999:
+ 1.49%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 41.42% from 1997 to the end of 1999
- Santa-Cruz-Watsonville-CA increased + 41.11% from 1997 to the end of 1999
- Barnstable-Town-MA increased + 32.18% from 1997 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 29.26% from 1997 to the end of 1999
- Napa-CA increased + 28.79% from 1997 to the end of 1999
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