Real Estate Appreciation for Decatur, Alabama: + 40.62%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Decatur, Alabama MSA appreciation it was + 40.62% (+ 3.39% yearly) from 1994 to 2005.
During the same time period, AL had + 65.27% (+ 5.44% yearly).
From 1994 to 2005, Alabama outperformed the individual Decatur, Alabama MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Decatur-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Moulton, Alabama Refinance, or Moulton, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Moulton, Alabama home was worth $99,000.00 in 1994, you could multiply by + 40.62%, add the gain and see the home should be worth $139,215.19 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Decatur-AL from 1994 to 2005:
+ 3.39%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1994 to 2005 were Rochester-NY, Elmira-NY, Buffalo-Niagara-Falls-NY, Springfield-IL, and McAllen-Edinburg-Mission-TX .
- Rochester-NY only increased + 29.90% between 1994 and 2005
- Elmira-NY only increased + 31.63% between 1994 and 2005
- Buffalo-Niagara-Falls-NY only increased + 33.47% between 1994 and 2005
- Springfield-IL only increased + 33.93% between 1994 and 2005
- McAllen-Edinburg-Mission-TX only increased + 36.85% between 1994 and 2005
The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 29.95% from 1982 to 1993
- Midland-TX lost - 27.35% from 1983 thru 1994
- Midland-TX lost - 18.42% from 1984 thru 1995
- Odessa-TX lost - 17.39% from 1984 thru 1995
- Lafayette-LA lost - 14.77% from 1982 thru 1993
Zip Code in MSA: 35650 - MOULTON, AL
MSA Pop: 147204Zip Pop: 13710
Avg Value: 68500
County: LAWRENCE
Elev: 650
Region: South
Lat: 34.493863
Long: -87.291892