Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Cumberland, Maryland, West Virginia did compared to the state as a whole.

The Cumberland, Maryland, West Virginia MSA property value change was + 4.76% (+ 1.59% yearly).

All of the property in MD averaged + 7.84% change in value (+ 2.61% yearly).

Cumberland-MD-WV

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 99.64 - 0.25% - 1.00%
1997 3 99.51 - 0.13% - 0.52%
1997 4 105.9 + 6.42% + 25.69%
1998 1 103.6 - 2.17% - 8.69%
1998 2 103.1 - 0.48% - 1.93%
1998 3 104.37 + 1.23% + 4.93%
1998 4 109.67 + 5.08% + 20.31%
1999 1 107.28 - 2.18% - 8.72%
1999 2 108.81 + 1.43% + 5.70%
1999 3 104.83 - 3.66% - 14.63%
1999 4 104.64 - 0.18% - 0.72%


There are a lot of ways to use the appreciation data for Cumberland, Maryland, West Virginia .

Lets look at Cumberland, Maryland, a city located in Cumberland, Maryland, West Virginia 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 Cumberland, Maryland check out Spec-Loan.com

If you were going to do a Cumberland, Maryland Refinance, or Cumberland, Maryland Reverse Mortgages, you could estimate your home value.

If you knew your Cumberland, Maryland home was worth $96,000.00 in 1997, you could multiply by + 4.76%, add the gain and see the home should be worth $100,565.02 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cumberland-MD-WV from 1997 to 1999:
+ 1.59%

Appreciation Comparisons

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 21502 - CUMBERLAND, MD

MSA Pop: 100815
Zip Pop: 44053
Avg Value: 72100
County: ALLEGANY
Elev: 641
Region: South
Lat: 39.596959
Long: -78.834511