Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Decatur, Alabama MSA appreciated + 5.49% (+ 2.74% yearly) between 2003 and the end of 2004.

The state of AL had + 7.65% total appreciation (+ 3.83% 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 than the state as a whole. The state appreaciated + 39.43% faster than this MSA.

Decatur-AL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Decatur-AL here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Alabama, you can do some research at 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 2003, you could multiply by + 5.49%, add the gain and see the home should be worth $112,871.23 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Decatur-AL from 2003 to 2004:
+ 2.74%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2003 to 2004 were Brownsville-Harlingen-TX, Jackson-TN, Austin-Round-Rock-TX, Burlington-NC, and Ogden-Clearfield-UT .

  1. Brownsville-Harlingen-TX only increased + 0.47% between 2003 and 2004
  2. Jackson-TN only increased + 1.89% between 2003 and 2004
  3. Austin-Round-Rock-TX only increased + 2.07% between 2003 and 2004
  4. Burlington-NC only increased + 2.09% between 2003 and 2004
  5. Ogden-Clearfield-UT only increased + 2.83% between 2003 and 2004

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

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