Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Cumberland, Maryland, West Virginia MSA appreciation it was + 63.37% (+ 9.05% yearly) from 2000 to 2006.

During the same time period, MD had +125.60% (+ 17.94% yearly). From 2000 to 2006, Maryland outperformed the individual Cumberland, Maryland, West Virginia MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Cumberland-MD-WV

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 Quarterly Detailed Appreciation
2000-2003 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 $106,000.00 in 2000, you could multiply by + 63.37%, add the gain and see the home should be worth $173,175.93 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cumberland-MD-WV from 2000 to 2006:
+ 9.05%

Appreciation Comparisons

The top 5 performing MSAs from 2000 to 2006 were Naples-Marco-Island-FL, Riverside-San-Bernardino-Ontario-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Merced-CA, and Bakersfield-CA .

  1. Naples-Marco-Island-FL increased +181.38% from 2000 to the end of 2006
  2. Riverside-San-Bernardino-Ontario-CA increased +177.29% from 2000 to the end of 2006
  3. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +176.02% from 2000 to the end of 2006
  4. Merced-CA increased +174.94% from 2000 to the end of 2006
  5. Bakersfield-CA increased +170.91% from 2000 to the end of 2006

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