Real Estate Appreciation for Decatur, Alabama: + 36.40%
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 + 36.40% (+ 3.64% yearly) between 1993 and the end of 2002.
The state of AL had + 45.20% total appreciation (+ 4.52% 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 + 24.17% faster than this MSA.
Decatur-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
Lets look at Hartselle, 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 Hartselle, Alabama Refinance, or Hartselle, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Hartselle, Alabama home was worth $95,000.00 in 1993, you could multiply by + 36.40%, add the gain and see the home should be worth $129,579.13 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Decatur-AL from 1993 to 2002:
+ 3.64%
Appreciation Comparisons
For a 10 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Riverside-San-Bernardino-Ontario-CA .
- Bridgeport-Stamford-Norwalk-CT increased +262.04% from 1977 thru 1986
- New-Haven-Milford-CT increased +251.93% from 1978 thru 1987
- Salinas-CA increased +251.06% from 1996 thru 2005
- Salinas-CA increased +247.53% from 1997 thru 2006
- Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 thru 2006
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