Real Estate Appreciation for Decatur, Alabama: + 13.32%
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 + 13.32% (+ 2.66% yearly) between 1993 and the end of 1997.
The state of AL had + 20.77% total appreciation (+ 4.15% 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 + 56.01% faster than this MSA.
Decatur-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1994-1997 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Decatur, Alabama .
Lets look at Decatur, 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 Decatur, 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 $90,000.00 in 1993, you could multiply by + 13.32%, add the gain and see the home should be worth $101,984.40 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Decatur-AL from 1993 to 1997:
+ 2.66%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1997 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Provo-Orem-UT, Greeley-CO, and Logan-UT-ID .
- Salt-Lake-City-UT increased + 64.90% from 1993 to the end of 1997
- Ogden-Clearfield-UT increased + 62.08% from 1993 to the end of 1997
- Provo-Orem-UT increased + 61.72% from 1993 to the end of 1997
- Greeley-CO increased + 50.51% from 1993 to the end of 1997
- Logan-UT-ID increased + 49.89% from 1993 to the end of 1997
For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
- Worcester-MA increased +138.82% from 1982 thru 1986
- Fresno-CA increased +137.23% from 2001 thru 2005
- Madera-CA increased +136.99% from 2001 thru 2005
- Yuba-City-CA increased +136.08% from 2001 thru 2005
Zip Code in MSA: 35609 - DECATUR, AL
MSA Pop: 147204Zip Pop: 0
Avg Value: 0
County: MORGAN
Elev: 573
Region: South
Lat: 34.61088
Long: -87.02129