Real Estate Appreciation for Decatur, Alabama: + 6.02%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Decatur, Alabama MSA appreciated + 6.02% (+ 2.01% yearly) between 1993 and the end of 1995.
The state of AL had + 12.10% total appreciation (+ 4.03% 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 than the state as a whole. The state appreaciated +101.09% faster than this MSA.
Decatur-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 101.55 | + 1.52% | + 6.08% |
| 1993 | 3 | 102.42 | + 0.86% | + 3.43% |
| 1993 | 4 | 101.87 | - 0.54% | - 2.15% |
| 1994 | 1 | 104.28 | + 2.37% | + 9.46% |
| 1994 | 2 | 105.33 | + 1.01% | + 4.03% |
| 1994 | 3 | 103.12 | - 2.10% | - 8.39% |
| 1994 | 4 | 102.33 | - 0.77% | - 3.06% |
| 1995 | 1 | 100 | - 2.28% | - 9.11% |
| 1995 | 2 | 104.08 | + 4.08% | + 16.32% |
| 1995 | 3 | 105.84 | + 1.69% | + 6.76% |
| 1995 | 4 | 106.05 | + 0.20% | + 0.79% |
Some of the ways peope use our appreciation data for Decatur, Alabama include real estate investment .
Lets look at Decatur, Alabama, a city located in Decatur, Alabama MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Alabama check out Spec-Loan.com
If you were going to do a Decatur, Alabama Refinance, or Decatur, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Decatur, Alabama home was worth $88,000.00 in 1993, you could multiply by + 6.02%, add the gain and see the home should be worth $93,296.01 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Decatur-AL from 1993 to 1995:
+ 2.01%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Fort-Collins-Loveland-CO .
- Salt-Lake-City-UT increased + 44.61% from 1993 to the end of 1995
- Provo-Orem-UT increased + 44.36% from 1993 to the end of 1995
- Ogden-Clearfield-UT increased + 40.83% from 1993 to the end of 1995
- Logan-UT-ID increased + 36.47% from 1993 to the end of 1995
- Fort-Collins-Loveland-CO increased + 35.31% from 1993 to the end of 1995
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
Zip Code in MSA: 35602 - DECATUR, AL
MSA Pop: 147204Zip Pop: 0
Avg Value: 0
County: MORGAN
Elev: 573
Region: South
Lat: 34.543962
Long: -86.963191