Real Estate Appreciation for Cumberland, Maryland, West Virginia: + 34.25%
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 + 34.25% (+ 4.28% yearly).
All of the property in MD averaged + 87.92% change in value (+ 10.99% yearly).
Cumberland-MD-WV
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
If you need information on Hard Money Rehab Loans in Cumberland, Maryland look at 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 $101,000.00 in 1997, you could multiply by + 34.25%, add the gain and see the home should be worth $135,590.15 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cumberland-MD-WV from 1997 to 2004:
+ 4.28%
Appreciation Comparisons
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
The top 5 performing MSAs from 1997 to 2004 were San-Diego-Carlsbad-San-Marcos-CA, Salinas-CA, Napa-CA, Barnstable-Town-MA, and San-Luis-Obispo-Paso-Robles-CA .
- San-Diego-Carlsbad-San-Marcos-CA increased +186.77% from 1997 to the end of 2004
- Salinas-CA increased +182.20% from 1997 to the end of 2004
- Napa-CA increased +169.41% from 1997 to the end of 2004
- Barnstable-Town-MA increased +166.30% from 1997 to the end of 2004
- San-Luis-Obispo-Paso-Robles-CA increased +164.73% from 1997 to the end of 2004
Zip Code in MSA: 21504 - CUMBERLAND, MD
MSA Pop: 100815Zip Pop: 0
Avg Value: 0
County: ALLEGANY
Elev: 641
Region: South
Lat: 39.66074
Long: -78.74529