Real Estate Appreciation for Cumberland, Maryland, West Virginia: + 50.69%
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: + 50.69%
- State of MD: +123.02%
- Difference: - 58.79%
Cumberland-MD-WV
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 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 $103,000.00 in 1998, you could multiply by + 50.69%, add the gain and see the home should be worth $155,215.83 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cumberland-MD-WV from 1998 to 2005:
+ 6.34%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1998 to 2005 were Lafayette-IN, Columbus-IN, Springfield-IL, Ogden-Clearfield-UT, and Jackson-TN .
- Lafayette-IN only increased + 18.26% between 1998 and 2005
- Columbus-IN only increased + 19.34% between 1998 and 2005
- Springfield-IL only increased + 20.61% between 1998 and 2005
- Ogden-Clearfield-UT only increased + 21.04% between 1998 and 2005
- Jackson-TN only increased + 21.38% between 1998 and 2005
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
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