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 + 10.02% (+ 2.51% yearly).

All of the property in MD averaged + 14.93% change in value (+ 3.73% 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%
2000 1 106.18 + 1.47% + 5.89%
2000 2 103.37 - 2.65% - 10.59%
2000 3 107.6 + 4.09% + 16.37%
2000 4 109.9 + 2.14% + 8.55%


Lets look at Cumberland, Maryland, a city located in Cumberland, Maryland, West Virginia 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 Cumberland, Maryland Refinance, or Cumberland, Maryland Reverse Mortgages, you could estimate your home value.

If you knew your Cumberland, Maryland home was worth $97,000.00 in 1997, you could multiply by + 10.02%, add the gain and see the home should be worth $106,720.39 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cumberland-MD-WV from 1997 to 2000:
+ 2.51%

Appreciation Comparisons

The top 5 performing MSAs from 1997 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 82.37% from 1997 to the end of 2000
  2. Santa-Cruz-Watsonville-CA increased + 74.02% from 1997 to the end of 2000
  3. Santa-Rosa-Petaluma-CA increased + 61.76% from 1997 to the end of 2000
  4. Salinas-CA increased + 59.12% from 1997 to the end of 2000
  5. Napa-CA increased + 54.99% from 1997 to the end of 2000

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 .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

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