Real Estate Appreciation for Decatur, Alabama: + 8.12%

Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.

• Decatur, Alabama: + 8.12%
• State of AL: + 5.97%
• Difference: + 35.92%

Decatur-AL

Year	Quarter	Price Index	Quarter Increase or Decrease	Annualized
1996	2	106.9	+ 1.96%	+ 7.86%
1996	3	107.37	+ 0.44%	+ 1.76%
1996	4	108.05	+ 0.63%	+ 2.53%
1997	1	110.17	+ 1.96%	+ 7.85%
1997	2	110.95	+ 0.71%	+ 2.83%
1997	3	110.24	- 0.64%	- 2.56%
1997	4	113.35	+ 2.82%	+ 11.28%

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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 $93,000.00 in 1996, you could multiply by + 8.12%, add the gain and see the home should be worth $100,548.93 in 1997. Home value is an important part of every mortgage transaction.

Average YEARLY Real Estate Appreciation for Decatur-AL from 1996 to 1997:
+ 4.06%

Appreciation Comparisons

The top 5 performing MSAs from 1996 to 1997 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Monroe-MI, and Muskegon-North-Shores-MI .

1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 18.65% from 1996 to the end of 1997
2. Bay-City-MI increased + 14.57% from 1996 to the end of 1997
3. Jackson-MI increased + 14.25% from 1996 to the end of 1997
4. Monroe-MI increased + 14.01% from 1996 to the end of 1997
5. Muskegon-North-Shores-MI increased + 13.83% from 1996 to the end of 1997

Zip Code in MSA: 35601 - DECATUR, AL

MSA Pop: 147204
Zip Pop: 34859
Avg Value: 74600
County: MORGAN
Elev: 573
Region: South
Lat: 34.589482
Long: -86.982979