Real Estate Appreciation for Decatur, Alabama: + 10.87%
Appreciation for MSAs:.
Let's start by comparing Decatur, Alabama to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 10.87% (+ 2.72% yearly) for the Decatur, Alabama MSA.
The entire state of AL had + 22.73% appreciation (+ 5.68% yearly).
The state average for Alabama was higher than the real estate appreciation in the Decatur, Alabama MSA. This means the conditions in the MSA for real estate investment were worse by +109.08%.
Decatur-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 132.38 | + 0.09% | + 0.36% |
| 2002 | 3 | 134.28 | + 1.44% | + 5.74% |
| 2002 | 4 | 136.44 | + 1.61% | + 6.43% |
| 2003 | 1 | 135.59 | - 0.62% | - 2.49% |
| 2003 | 2 | 137.62 | + 1.50% | + 5.99% |
| 2003 | 3 | 138.28 | + 0.48% | + 1.92% |
| 2003 | 4 | 139.05 | + 0.56% | + 2.23% |
| 2004 | 1 | 141.21 | + 1.55% | + 6.21% |
| 2004 | 2 | 139.52 | - 1.20% | - 4.79% |
| 2004 | 3 | 140.17 | + 0.47% | + 1.86% |
| 2004 | 4 | 143.03 | + 2.04% | + 8.16% |
| 2005 | 1 | 142.67 | - 0.25% | - 1.01% |
| 2005 | 2 | 147.64 | + 3.48% | + 13.93% |
| 2005 | 3 | 149.33 | + 1.14% | + 4.58% |
| 2005 | 4 | 146.64 | - 1.80% | - 7.21% |
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 $107,000.00 in 2002, you could multiply by + 10.87%, add the gain and see the home should be worth $118,633.60 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Decatur-AL from 2002 to 2005:
+ 2.72%
Appreciation Comparisons
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
The top 5 performing MSAs from 2002 to 2005 were Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Yuba-City-CA .
- Bakersfield-CA increased +116.36% from 2002 to the end of 2005
- Fresno-CA increased +116.09% from 2002 to the end of 2005
- Madera-CA increased +114.32% from 2002 to the end of 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 to the end of 2005
- Yuba-City-CA increased +108.89% from 2002 to the end of 2005
Zip Code in MSA: 35603 - DECATUR, AL
MSA Pop: 147204Zip Pop: 26125
Avg Value: 115300
County: MORGAN
Elev: 573
Region: South
Lat: 34.546022
Long: -86.980132