Real Estate Appreciation for Corvallis, Oregon: + 26.98%
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 + 26.98% (+ 13.49% yearly).
All of the property in OR averaged + 30.04% change in value (+ 15.02% yearly).
Corvallis-OR
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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 Alsea, 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 Alsea, Oregon Refinance, or Alsea, Oregon Reverse Mortgages, you could estimate your home value.
If you knew your Alsea, Oregon home was worth $111,000.00 in 2005, you could multiply by + 26.98%, add the gain and see the home should be worth $140,942.68 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corvallis-OR from 2005 to 2006:
+ 13.49%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
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