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 + 20.68% (+ 3.45% yearly).

All of the property in MD averaged + 39.15% change in value (+ 6.52% yearly).

Cumberland-MD-WV

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1999-2002 Quarterly Detailed Appreciation


Some of the ways peope use our appreciation data for Cumberland, Maryland, West Virginia include real estate investment .

Lets look at Cumberland, Maryland, a city located in Cumberland, Maryland, West Virginia 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 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 $99,000.00 in 1997, you could multiply by + 20.68%, add the gain and see the home should be worth $119,475.92 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cumberland-MD-WV from 1997 to 2002:
+ 3.45%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Anchorage-AK lost - 33.17% from 1984 thru 1989
  2. Midland-TX lost - 31.15% from 1982 thru 1987

Zip Code in MSA: 21503 - CUMBERLAND, MD

MSA Pop: 100815
Zip Pop: 0
Avg Value: 0
County: ALLEGANY
Elev: 641
Region: South
Lat: 39.6504
Long: -78.75738