Real Estate Appreciation for Dayton, Ohio: + 6.27%
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 + 6.27% (+ 3.14% yearly) between 2003 and the end of 2004.
The state of OH had + 7.00% total appreciation (+ 3.50% 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 + 11.57% faster than this MSA.
Dayton-OH
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 129.58 | + 0.83% | + 3.33% |
| 2003 | 3 | 130.36 | + 0.60% | + 2.41% |
| 2003 | 4 | 131.87 | + 1.16% | + 4.63% |
| 2004 | 1 | 132.65 | + 0.59% | + 2.37% |
| 2004 | 2 | 133.41 | + 0.57% | + 2.29% |
| 2004 | 3 | 134.99 | + 1.18% | + 4.74% |
| 2004 | 4 | 136.57 | + 1.17% | + 4.68% |
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 Dayton-OH here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Ohio, you can do some research at Spec-Loan.com.
If you were going to do a Dayton, Ohio Refinance, or Dayton, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your Dayton, Ohio home was worth $107,000.00 in 2003, you could multiply by + 6.27%, add the gain and see the home should be worth $113,710.92 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Dayton-OH from 2003 to 2004:
+ 3.14%
Appreciation Comparisons
The top 5 performing MSAs from 2003 to 2004 were Las-Vegas-Paradise-NV, Riverside-San-Bernardino-Ontario-CA, Bakersfield-CA, Madera-CA, and Fresno-CA .
- Las-Vegas-Paradise-NV increased + 54.53% from 2003 to the end of 2004
- Riverside-San-Bernardino-Ontario-CA increased + 51.05% from 2003 to the end of 2004
- Bakersfield-CA increased + 50.02% from 2003 to the end of 2004
- Madera-CA increased + 48.31% from 2003 to the end of 2004
- Fresno-CA increased + 47.99% from 2003 to the end of 2004
Zip Code in MSA: 45482 - DAYTON, OH
MSA Pop: 846091Zip Pop: 0
Avg Value: 0
County: MONTGOMERY
Elev: 740
Region: Midwest
Lat: 39.72127
Long: -84.10215