Real Estate Appreciation for Cumberland, Maryland, West Virginia: + 29.44%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Cumberland, Maryland, West Virginia: + 29.44%
- State of MD: + 82.63%
- Difference: - 64.37%
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
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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 $102,000.00 in 1998, you could multiply by + 29.44%, add the gain and see the home should be worth $132,028.96 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cumberland-MD-WV from 1998 to 2004:
+ 4.21%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 2004 were San-Diego-Carlsbad-San-Marcos-CA, Salinas-CA, Napa-CA, Barnstable-Town-MA, and Vallejo-Fairfield-CA .
- San-Diego-Carlsbad-San-Marcos-CA increased +167.66% from 1998 to the end of 2004
- Salinas-CA increased +167.48% from 1998 to the end of 2004
- Napa-CA increased +152.43% from 1998 to the end of 2004
- Barnstable-Town-MA increased +150.37% from 1998 to the end of 2004
- Vallejo-Fairfield-CA increased +149.77% from 1998 to the end of 2004
In contrast, the worst 5 MSAs from 1998 to 2004 were Ogden-Clearfield-UT, Jackson-TN, Columbus-IN, Provo-Orem-UT, and Lafayette-IN .
- Ogden-Clearfield-UT only increased + 12.00% between 1998 and 2004
- Jackson-TN only increased + 14.01% between 1998 and 2004
- Columbus-IN only increased + 14.05% between 1998 and 2004
- Provo-Orem-UT only increased + 15.85% between 1998 and 2004
- Lafayette-IN only increased + 16.85% between 1998 and 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