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 + 8.15% (+ 2.72% yearly) between 2003 and the end of 2005.

The state of AL had + 17.75% total appreciation (+ 5.92% 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 +117.77% 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%
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%


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 $108,000.00 in 2003, you could multiply by + 8.15%, add the gain and see the home should be worth $116,801.53 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Decatur-AL from 2003 to 2005:
+ 2.72%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2003 to 2005 were Burlington-NC, Lafayette-IN, Jonesboro-AR, Anderson-IN, and Rocky-Mount-NC .

  1. Burlington-NC only increased + 3.06% between 2003 and 2005
  2. Lafayette-IN only increased + 4.69% between 2003 and 2005
  3. Jonesboro-AR only increased + 5.04% between 2003 and 2005
  4. Anderson-IN only increased + 5.16% between 2003 and 2005
  5. Rocky-Mount-NC only increased + 5.82% between 2003 and 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 35602 - DECATUR, AL

MSA Pop: 147204
Zip Pop: 0
Avg Value: 0
County: MORGAN
Elev: 573
Region: South
Lat: 34.543962
Long: -86.963191