Real Estate Appreciation for Decatur, Alabama: + 11.19%
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 + 11.19% (+ 3.73% yearly).
All of the property in AL averaged + 10.63% change in value (+ 3.54% yearly).
Decatur-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1999 | 1 | 120.39 | - 1.21% | - 4.83% |
| 1999 | 2 | 122.5 | + 1.75% | + 7.01% |
| 1999 | 3 | 122.84 | + 0.28% | + 1.11% |
| 1999 | 4 | 122.5 | - 0.28% | - 1.11% |
If you need information on Hard Money Rehab Loans in Decatur, Alabama look 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 $96,000.00 in 1997, you could multiply by + 11.19%, add the gain and see the home should be worth $106,744.12 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Decatur-AL from 1997 to 1999:
+ 3.73%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 41.42% from 1997 to the end of 1999
- Santa-Cruz-Watsonville-CA increased + 41.11% from 1997 to the end of 1999
- Barnstable-Town-MA increased + 32.18% from 1997 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 29.26% from 1997 to the end of 1999
- Napa-CA increased + 28.79% from 1997 to the end of 1999
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
Zip Code in MSA: 35602 - DECATUR, AL
MSA Pop: 147204Zip Pop: 0
Avg Value: 0
County: MORGAN
Elev: 573
Region: South
Lat: 34.543962
Long: -86.963191