Real Estate Appreciation for Decatur, Alabama: + 26.21%
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 + 26.21% (+ 3.74% yearly).
All of the property in AL averaged + 28.62% change in value (+ 4.09% yearly).
Decatur-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Decatur, Alabama .
Lets look at Danville, Alabama, a city located in Decatur, Alabama MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Danville, Alabama check out Spec-Loan.com
If you were going to do a Danville, Alabama Refinance, or Danville, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Danville, Alabama home was worth $100,000.00 in 1997, you could multiply by + 26.21%, add the gain and see the home should be worth $126,214.03 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Decatur-AL from 1997 to 2003:
+ 3.74%
Appreciation Comparisons
For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .
- Salinas-CA increased +208.13% from 1999 thru 2005
- Springfield-MA increased +199.02% from 1981 thru 1987
- Merced-CA increased +193.70% from 1999 thru 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 35619 - DANVILLE, AL
MSA Pop: 147204Zip Pop: 5095
Avg Value: 75100
County: MORGAN
Elev: 573
Region: South
Lat: 34.419662
Long: -87.159797