Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Cumberland, Maryland, West Virginia MSA appreciated + 61.70% (+ 7.71% yearly) for the period between 1999 and the end of 2006.

The state had +135.03% total appreciation (+ 16.88% yearly). The state average for Maryland was higher than the real estate appreciation in the Cumberland, Maryland, West Virginia MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated +118.86% faster than this MSA.

Cumberland-MD-WV

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Cumberland-MD-WV here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Maryland, you can do some research 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 $105,000.00 in 1999, you could multiply by + 61.70%, add the gain and see the home should be worth $169,783.28 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cumberland-MD-WV from 1999 to 2006:
+ 7.71%

Appreciation Comparisons

For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .

  1. Salinas-CA increased +233.30% from 1998 thru 2005
  2. Springfield-MA increased +225.43% from 1981 thru 1988
  3. Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
  4. Salinas-CA increased +204.52% from 1999 thru 2006
  5. Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005

The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .

  1. Midland-TX lost - 34.76% from 1982 to 1989
  2. Midland-TX lost - 32.81% from 1983 thru 1990
  3. Casper-WY lost - 31.76% from 1983 thru 1990
  4. Lafayette-LA lost - 31.61% from 1981 thru 1988
  5. Lafayette-LA lost - 30.68% from 1982 thru 1989

Zip Code in MSA: 21504 - CUMBERLAND, MD

MSA Pop: 100815
Zip Pop: 0
Avg Value: 0
County: ALLEGANY
Elev: 641
Region: South
Lat: 39.66074
Long: -78.74529