Real Estate Appreciation for Decatur, Alabama: + 9.61%
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 + 9.61% (+ 3.20% yearly) from 2000 to 2002.
During the same time period, AL had + 12.34% (+ 4.11% yearly).
From 2000 to 2002, 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
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2002 | 1 | 132.26 | + 0.59% | + 2.34% |
| 2002 | 2 | 132.38 | + 0.09% | + 0.36% |
| 2002 | 3 | 134.28 | + 1.44% | + 5.74% |
| 2002 | 4 | 136.44 | + 1.61% | + 6.43% |
Some of the ways peope use our appreciation data for Decatur, Alabama include real estate investment .
Lets look at Decatur, 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 Decatur, Alabama Refinance, or Decatur, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Decatur, Alabama home was worth $102,000.00 in 2000, you could multiply by + 9.61%, add the gain and see the home should be worth $111,800.13 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Decatur-AL from 2000 to 2002:
+ 3.20%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 2000 to 2002 were Barnstable-Town-MA, San-Luis-Obispo-Paso-Robles-CA, Modesto-CA, Vallejo-Fairfield-CA, and Napa-CA .
- Barnstable-Town-MA increased + 49.98% from 2000 to the end of 2002
- San-Luis-Obispo-Paso-Robles-CA increased + 47.67% from 2000 to the end of 2002
- Modesto-CA increased + 47.60% from 2000 to the end of 2002
- Vallejo-Fairfield-CA increased + 46.66% from 2000 to the end of 2002
- Napa-CA increased + 45.33% from 2000 to the end of 2002
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