Real Estate Appreciation for Decatur, Alabama: + 8.02%
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 + 8.02% (+ 2.00% yearly) between 1993 and the end of 1996.
The state of AL had + 15.50% total appreciation (+ 3.88% 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 + 93.39% 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% |
| 1996 | 1 | 104.84 | - 1.14% | - 4.56% |
| 1996 | 2 | 106.9 | + 1.96% | + 7.86% |
| 1996 | 3 | 107.37 | + 0.44% | + 1.76% |
| 1996 | 4 | 108.05 | + 0.63% | + 2.53% |
Lets look at Decatur, 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 Decatur, Alabama Refinance, or Decatur, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Decatur, Alabama home was worth $89,000.00 in 1993, you could multiply by + 8.02%, add the gain and see the home should be worth $96,135.66 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Decatur-AL from 1993 to 1996:
+ 2.00%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1996 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Greeley-CO .
- Salt-Lake-City-UT increased + 55.78% from 1993 to the end of 1996
- Provo-Orem-UT increased + 52.50% from 1993 to the end of 1996
- Ogden-Clearfield-UT increased + 51.69% from 1993 to the end of 1996
- Logan-UT-ID increased + 43.02% from 1993 to the end of 1996
- Greeley-CO increased + 41.92% from 1993 to the end of 1996
Zip Code in MSA: 35603 - DECATUR, AL
MSA Pop: 147204Zip Pop: 26125
Avg Value: 115300
County: MORGAN
Elev: 573
Region: South
Lat: 34.546022
Long: -86.980132