Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Decatur, Alabama did compared to the state as a whole.

The Decatur, Alabama MSA property value change was + 10.61% (+ 5.31% yearly).

All of the property in AL averaged + 8.82% change in value (+ 4.41% yearly).

Decatur-AL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 110.95 + 0.71% + 2.83%
1997 3 110.24 - 0.64% - 2.56%
1997 4 113.35 + 2.82% + 11.28%
1998 1 115.44 + 1.84% + 7.38%
1998 2 116.97 + 1.33% + 5.30%
1998 3 119.16 + 1.87% + 7.49%
1998 4 121.86 + 2.27% + 9.06%


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Decatur-AL here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Alabama, you can do some research at Spec-Loan.com.

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 $95,000.00 in 1997, you could multiply by + 10.61%, add the gain and see the home should be worth $105,080.33 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Decatur-AL from 1997 to 1998:
+ 5.31%

Appreciation Comparisons

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

The top 5 performing MSAs from 1997 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, San-Diego-Carlsbad-San-Marcos-CA, Gadsden-AL, and Waterloo-Cedar-Falls-IA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.79% from 1997 to the end of 1998
  2. Santa-Cruz-Watsonville-CA increased + 20.64% from 1997 to the end of 1998
  3. San-Diego-Carlsbad-San-Marcos-CA increased + 16.27% from 1997 to the end of 1998
  4. Gadsden-AL increased + 14.96% from 1997 to the end of 1998
  5. Waterloo-Cedar-Falls-IA increased + 13.76% from 1997 to the end of 1998

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