Real Estate Appreciation for Corvallis, Oregon: + 46.00%
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 + 46.00% (+ 11.50% yearly) between 2003 and the end of 2006.
The state of OR had + 57.16% total appreciation (+ 14.29% 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 than the state as a whole. The state appreaciated + 24.27% faster than this MSA.
Corvallis-OR
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 128.48 | + 0.45% | + 1.81% |
| 2003 | 3 | 130.22 | + 1.35% | + 5.42% |
| 2003 | 4 | 133.27 | + 2.34% | + 9.37% |
| 2004 | 1 | 132.93 | - 0.26% | - 1.02% |
| 2004 | 2 | 137.49 | + 3.43% | + 13.72% |
| 2004 | 3 | 143.78 | + 4.57% | + 18.30% |
| 2004 | 4 | 144.15 | + 0.26% | + 1.03% |
| 2005 | 1 | 147.06 | + 2.02% | + 8.07% |
| 2005 | 2 | 153.01 | + 4.05% | + 16.18% |
| 2005 | 3 | 157.42 | + 2.88% | + 11.53% |
| 2005 | 4 | 160.97 | + 2.26% | + 9.02% |
| 2006 | 1 | 166.16 | + 3.22% | + 12.90% |
| 2006 | 2 | 173.54 | + 4.44% | + 17.77% |
| 2006 | 3 | 185.64 | + 6.97% | + 27.89% |
| 2006 | 4 | 186.73 | + 0.59% | + 2.35% |
Some of the ways peope use our appreciation data for Corvallis, Oregon include real estate investment .
Lets look at Corvallis, Oregon, a city located in Corvallis, Oregon MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Oregon 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 $109,000.00 in 2003, you could multiply by + 46.00%, add the gain and see the home should be worth $159,136.59 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corvallis-OR from 2003 to 2006:
+ 11.50%
Appreciation Comparisons
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
The top 5 performing MSAs from 2003 to 2006 were Bakersfield-CA, Visalia-Porterville-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Naples-Marco-Island-FL .
- Bakersfield-CA increased +110.89% from 2003 to the end of 2006
- Visalia-Porterville-CA increased +101.32% from 2003 to the end of 2006
- Madera-CA increased +100.36% from 2003 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +100.03% from 2003 to the end of 2006
- Naples-Marco-Island-FL increased + 99.23% from 2003 to the end of 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