Real Estate Appreciation for Decatur, Alabama: + 38.34%
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 + 38.34% (+ 3.83% yearly) for the Decatur, Alabama MSA.
The entire state of AL had + 45.34% appreciation (+ 4.53% 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 + 18.25%.
Decatur-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
1992-1995 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Decatur, Alabama .
Lets look at Hartselle, Alabama, a city located in Decatur, Alabama 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 Hartselle, Alabama check out Spec-Loan.com
If you were going to do a Hartselle, Alabama Refinance, or Hartselle, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Hartselle, Alabama home was worth $93,000.00 in 1992, you could multiply by + 38.34%, add the gain and see the home should be worth $128,654.08 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Decatur-AL from 1992 to 2001:
+ 3.83%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Midland-TX lost - 22.05% from 1984 thru 1993
- Lafayette-LA lost - 21.25% from 1983 thru 1992
Zip Code in MSA: 35640 - HARTSELLE, AL
MSA Pop: 147204Zip Pop: 21124
Avg Value: 84000
County: MORGAN
Elev: 573
Region: South
Lat: 34.444683
Long: -86.939326