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 + 58.00% (+ 4.14% yearly) between 1993 and the end of 2006.

The state of AL had + 82.93% total appreciation (+ 5.92% 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 + 42.97% faster than this MSA.

Decatur-AL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
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If you were going to do a Somerville, Alabama Refinance, or Somerville, Alabama Reverse Mortgages, you could estimate your home value.

If you knew your Somerville, Alabama home was worth $99,000.00 in 1993, you could multiply by + 58.00%, add the gain and see the home should be worth $156,422.57 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Decatur-AL from 1993 to 2006:
+ 4.14%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 2006 were Salinas-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Bend-OR, Flagstaff-AZ-UT, and Phoenix-Mesa-Scottdale-AZ .

  1. Salinas-CA increased +247.88% from 1993 to the end of 2006
  2. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +240.91% from 1993 to the end of 2006
  3. Bend-OR increased +230.33% from 1993 to the end of 2006
  4. Flagstaff-AZ-UT increased +228.96% from 1993 to the end of 2006
  5. Phoenix-Mesa-Scottdale-AZ increased +223.72% from 1993 to the end of 2006

In contrast, the worst 5 MSAs from 1993 to 2006 were Rochester-NY, Buffalo-Niagara-Falls-NY, Springfield-IL, Lafayette-IN, and Fort-Wayne-IN .

  1. Rochester-NY only increased + 33.80% between 1993 and 2006
  2. Buffalo-Niagara-Falls-NY only increased + 42.20% between 1993 and 2006
  3. Springfield-IL only increased + 47.18% between 1993 and 2006
  4. Lafayette-IN only increased + 47.24% between 1993 and 2006
  5. Fort-Wayne-IN only increased + 47.47% between 1993 and 2006

Zip Code in MSA: 35670 - SOMERVILLE, AL

MSA Pop: 147204
Zip Pop: 7238
Avg Value: 74800
County: MORGAN
Elev: 573
Region: South
Lat: 34.536367
Long: -86.780848