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 + 38.50% (+ 7.70% yearly) for the period between 2001 and the end of 2005.

The state had + 95.17% total appreciation (+ 19.03% 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 +147.18% faster than this MSA.

Cumberland-MD-WV

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2002-2005 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Cumberland, Maryland, West Virginia .

Lets look at Cumberland, Maryland, a city located in Cumberland, Maryland, West Virginia MSA.

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Cumberland, Maryland check out 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 $106,000.00 in 2001, you could multiply by + 38.50%, add the gain and see the home should be worth $146,812.63 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cumberland-MD-WV from 2001 to 2005:
+ 7.70%

Appreciation Comparisons

The top 5 performing MSAs from 2001 to 2005 were Fresno-CA, Madera-CA, Yuba-City-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .

  1. Fresno-CA increased +137.23% from 2001 to the end of 2005
  2. Madera-CA increased +136.99% from 2001 to the end of 2005
  3. Yuba-City-CA increased +136.08% from 2001 to the end of 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +133.38% from 2001 to the end of 2005
  5. Bakersfield-CA increased +131.89% from 2001 to the end of 2005

In contrast, the worst 5 MSAs from 2001 to 2005 were Lafayette-IN, Burlington-NC, Rocky-Mount-NC, Decatur-AL, and Jonesboro-AR .

  1. Lafayette-IN only increased + 9.24% between 2001 and 2005
  2. Burlington-NC only increased + 9.68% between 2001 and 2005
  3. Rocky-Mount-NC only increased + 11.41% between 2001 and 2005
  4. Decatur-AL only increased + 12.39% between 2001 and 2005
  5. Jonesboro-AR only increased + 12.46% between 2001 and 2005

Zip Code in MSA: 21502 - CUMBERLAND, MD

MSA Pop: 100815
Zip Pop: 44053
Avg Value: 72100
County: ALLEGANY
Elev: 641
Region: South
Lat: 39.596959
Long: -78.834511