Real Estate Appreciation for Corvallis, Oregon: + 6.94%
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 + 6.94% (+ 3.47% yearly) for the Corvallis, Oregon MSA.
The entire state of OR had + 9.59% appreciation (+ 4.80% 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 + 38.18%.
Corvallis-OR
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 125.44 | + 0.66% | + 2.63% |
| 2002 | 3 | 126.13 | + 0.55% | + 2.20% |
| 2002 | 4 | 126.78 | + 0.52% | + 2.06% |
| 2003 | 1 | 127.9 | + 0.88% | + 3.53% |
| 2003 | 2 | 128.48 | + 0.45% | + 1.81% |
| 2003 | 3 | 130.22 | + 1.35% | + 5.42% |
| 2003 | 4 | 133.27 | + 2.34% | + 9.37% |
There are a lot of ways to use the appreciation data for Corvallis, Oregon .
Lets look at Alsea, 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 Alsea, Oregon check out Spec-Loan.com
If you were going to do a Alsea, Oregon Refinance, or Alsea, Oregon Reverse Mortgages, you could estimate your home value.
If you knew your Alsea, Oregon home was worth $105,000.00 in 2002, you could multiply by + 6.94%, add the gain and see the home should be worth $112,288.16 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corvallis-OR from 2002 to 2003:
+ 3.47%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2003 were Fresno-CA, Yuba-City-CA, Chico-CA, Madera-CA, and Redding-CA .
- Fresno-CA increased + 36.89% from 2002 to the end of 2003
- Yuba-City-CA increased + 35.43% from 2002 to the end of 2003
- Chico-CA increased + 35.05% from 2002 to the end of 2003
- Madera-CA increased + 34.32% from 2002 to the end of 2003
- Redding-CA increased + 34.01% from 2002 to the end of 2003
Zip Code in MSA: 97324 - ALSEA, OR
MSA Pop: 79335Zip Pop: 1153
Avg Value: 141200
County: BENTON
Elev: 225
Region: West
Lat: 44.366112
Long: -123.614024