Real Estate Appreciation for Dayton, Ohio: + 19.81%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Dayton, Ohio MSA appreciated + 19.81% (+ 3.96% yearly) between 1993 and the end of 1997.
The state of OH had + 24.41% total appreciation (+ 4.88% yearly).
The state average for Ohio was higher than the real estate appreciation in the Dayton, Ohio MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 23.26% faster than this MSA.
Dayton-OH
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1994-1997 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Dayton, Ohio .
Lets look at West Elkton, Ohio, a city located in Dayton, Ohio 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 West Elkton, Ohio check out Spec-Loan.com
If you were going to do a West Elkton, Ohio Refinance, or West Elkton, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your West Elkton, Ohio home was worth $90,000.00 in 1993, you could multiply by + 19.81%, add the gain and see the home should be worth $107,826.98 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Dayton-OH from 1993 to 1997:
+ 3.96%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
Zip Code in MSA: 45070 - WEST ELKTON, OH
MSA Pop: 846091Zip Pop: 176
Avg Value: 85000
County: PREBLE
Elev: 1046
Region: Midwest
Lat: 39.589545
Long: -84.55507