Real Estate Appreciation for Decatur, Alabama: + 10.78%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Decatur, Alabama did compared to the state as a whole.
The Decatur, Alabama MSA property value change was + 10.78% (+ 5.39% yearly).
All of the property in AL averaged + 14.00% change in value (+ 7.00% yearly).
Decatur-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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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 $111,000.00 in 2005, you could multiply by + 10.78%, add the gain and see the home should be worth $122,965.94 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Decatur-AL from 2005 to 2006:
+ 5.39%
Appreciation Comparisons
The top 5 performing MSAs from 2005 to 2006 were Bend-OR, Boise-City-Nampa-ID, Phoenix-Mesa-Scottdale-AZ, Naples-Marco-Island-FL, and Ocala-FL .
- Bend-OR increased + 52.68% from 2005 to the end of 2006
- Boise-City-Nampa-ID increased + 43.68% from 2005 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased + 43.40% from 2005 to the end of 2006
- Naples-Marco-Island-FL increased + 41.08% from 2005 to the end of 2006
- Ocala-FL increased + 40.98% from 2005 to the end of 2006
Zip Code in MSA: 35601 - DECATUR, AL
MSA Pop: 147204Zip Pop: 34859
Avg Value: 74600
County: MORGAN
Elev: 573
Region: South
Lat: 34.589482
Long: -86.982979