Real Estate Appreciation for Decatur, Alabama: + 11.93%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Decatur, Alabama MSA appreciation it was + 11.93% (+ 3.98% yearly) from 2004 to 2006.
During the same time period, AL had + 20.69% (+ 6.90% yearly).
From 2004 to 2006, 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 |
| 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% |
| 2006 | 1 | 149.63 | + 2.04% | + 8.16% |
| 2006 | 2 | 151.78 | + 1.44% | + 5.75% |
| 2006 | 3 | 153.68 | + 1.25% | + 5.01% |
| 2006 | 4 | 158.05 | + 2.84% | + 11.37% |
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 $110,000.00 in 2004, you could multiply by + 11.93%, add the gain and see the home should be worth $123,118.05 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Decatur-AL from 2004 to 2006:
+ 3.98%
Appreciation Comparisons
The top 5 performing MSAs from 2004 to 2006 were Naples-Marco-Island-FL, Bakersfield-CA, Bend-OR, Phoenix-Mesa-Scottdale-AZ, and Visalia-Porterville-CA .
- Naples-Marco-Island-FL increased + 77.60% from 2004 to the end of 2006
- Bakersfield-CA increased + 77.49% from 2004 to the end of 2006
- Bend-OR increased + 75.09% from 2004 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased + 75.00% from 2004 to the end of 2006
- Visalia-Porterville-CA increased + 73.18% from 2004 to the end of 2006
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