Real Estate Appreciation for Decatur, Alabama: + 28.88%
Appreciation for MSAs:.
Let's start by comparing Decatur, Alabama to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 28.88% (+ 3.61% yearly) for the Decatur, Alabama MSA.
The entire state of AL had + 33.54% appreciation (+ 4.19% yearly).
The state average for Alabama was higher than the real estate appreciation in the Decatur, Alabama MSA. This means the conditions in the MSA for real estate investment were worse by + 16.14%.
Decatur-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
Lets look at Eva, Alabama, a city located in Decatur, Alabama MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Eva, Alabama Refinance, or Eva, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Eva, Alabama home was worth $91,000.00 in 1992, you could multiply by + 28.88%, add the gain and see the home should be worth $117,280.38 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Decatur-AL from 1992 to 1999:
+ 3.61%
Appreciation Comparisons
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
The top 5 performing MSAs from 1992 to 1999 were Boulder-CO, Salt-Lake-City-UT, Denver-Aurora-CO, Provo-Orem-UT, and Fort-Collins-Loveland-CO .
- Boulder-CO increased + 92.82% from 1992 to the end of 1999
- Salt-Lake-City-UT increased + 87.16% from 1992 to the end of 1999
- Denver-Aurora-CO increased + 83.28% from 1992 to the end of 1999
- Provo-Orem-UT increased + 82.08% from 1992 to the end of 1999
- Fort-Collins-Loveland-CO increased + 81.56% from 1992 to the end of 1999
Zip Code in MSA: 35621 - EVA, AL
MSA Pop: 147204Zip Pop: 2133
Avg Value: 61900
County: MORGAN
Elev: 573
Region: South
Lat: 34.315953
Long: -86.737915