Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Decatur, Alabama MSA appreciation it was + 5.63% (+ 2.82% yearly) from 2000 to 2001.

During the same time period, AL had + 8.58% (+ 4.29% yearly). From 2000 to 2001, Alabama outperformed the individual Decatur, Alabama MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Decatur-AL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 124.67 + 0.15% + 0.61%
2000 3 125.23 + 0.45% + 1.80%
2000 4 126.23 + 0.80% + 3.19%
2001 1 130.47 + 3.36% + 13.44%
2001 2 130.35 - 0.09% - 0.37%
2001 3 130.52 + 0.13% + 0.52%
2001 4 131.49 + 0.74% + 2.97%


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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 $101,000.00 in 2000, you could multiply by + 5.63%, add the gain and see the home should be worth $106,687.74 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Decatur-AL from 2000 to 2001:
+ 2.82%

Appreciation Comparisons

The top 5 performing MSAs from 2000 to 2001 were Stockton-CA, Salinas-CA, Modesto-CA, Vallejo-Fairfield-CA, and Merced-CA .

  1. Stockton-CA increased + 32.40% from 2000 to the end of 2001
  2. Salinas-CA increased + 31.19% from 2000 to the end of 2001
  3. Modesto-CA increased + 30.86% from 2000 to the end of 2001
  4. Vallejo-Fairfield-CA increased + 30.50% from 2000 to the end of 2001
  5. Merced-CA increased + 28.81% from 2000 to the end of 2001

In contrast, the worst 5 MSAs from 2000 to 2001 were Wenatchee-WA, Odessa-TX, Jackson-TN, Springfield-IL, and Albany-GA .

  1. Wenatchee-WA only increased + 1.89% between 2000 and 2001
  2. Odessa-TX only increased + 3.25% between 2000 and 2001
  3. Jackson-TN only increased + 4.84% between 2000 and 2001
  4. Springfield-IL only increased + 4.92% between 2000 and 2001
  5. Albany-GA only increased + 4.97% between 2000 and 2001

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