Real Estate Appreciation for Decatur, Alabama: + 33.10%
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 + 33.10% (+ 3.68% yearly).
All of the property in AL averaged + 48.13% change in value (+ 5.35% yearly).
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
Some of the ways peope use our appreciation data for Decatur, Alabama include real estate investment .
Lets look at Falkville, Alabama, a city located in Decatur, Alabama MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Alabama check out Spec-Loan.com
If you were going to do a Falkville, Alabama Refinance, or Falkville, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Falkville, Alabama home was worth $102,000.00 in 1997, you could multiply by + 33.10%, add the gain and see the home should be worth $135,765.45 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Decatur-AL from 1997 to 2005:
+ 3.68%
Appreciation Comparisons
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
The top 5 performing MSAs from 1997 to 2005 were Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, Merced-CA, and Vallejo-Fairfield-CA .
- Salinas-CA increased +251.65% from 1997 to the end of 2005
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 to the end of 2005
- Napa-CA increased +217.91% from 1997 to the end of 2005
- Merced-CA increased +217.12% from 1997 to the end of 2005
- Vallejo-Fairfield-CA increased +213.81% from 1997 to the end of 2005
Zip Code in MSA: 35622 - FALKVILLE, AL
MSA Pop: 147204Zip Pop: 7462
Avg Value: 58600
County: MORGAN
Elev: 573
Region: South
Lat: 34.380464
Long: -86.90361