Real Estate Appreciation for Decatur, Alabama: + 26.19%
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 + 26.19% (+ 3.27% yearly) between 1993 and the end of 2000.
The state of AL had + 33.11% total appreciation (+ 4.14% 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 + 26.43% faster than this MSA.
Decatur-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Decatur, Alabama .
Lets look at Eva, 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 Eva, Alabama 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 $93,000.00 in 1993, you could multiply by + 26.19%, add the gain and see the home should be worth $117,358.69 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Decatur-AL from 1993 to 2000:
+ 3.27%
Appreciation Comparisons
For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .
- Salinas-CA increased +233.30% from 1998 thru 2005
- Springfield-MA increased +225.43% from 1981 thru 1988
- Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
- Salinas-CA increased +204.52% from 1999 thru 2006
- Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005
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
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