Real Estate Appreciation for Corvallis, Oregon: + 5.85%
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 + 5.85% (+ 1.46% yearly).
All of the property in OR averaged + 14.95% change in value (+ 3.74% 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% |
| 2000 | 1 | 116.36 | + 0.62% | + 2.49% |
| 2000 | 2 | 116.08 | - 0.24% | - 0.96% |
| 2000 | 3 | 115.82 | - 0.22% | - 0.90% |
| 2000 | 4 | 117.18 | + 1.17% | + 4.70% |
Lets look at Corvallis, Oregon, a city located in Corvallis, Oregon MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
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 $97,000.00 in 1997, you could multiply by + 5.85%, add the gain and see the home should be worth $102,678.05 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corvallis-OR from 1997 to 2000:
+ 1.46%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
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