Real Estate Appreciation for Florence Muscle Shoals, Alabama: + 12.52%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Florence Muscle Shoals, Alabama did compared to the state as a whole.
The Florence Muscle Shoals, Alabama MSA property value change was + 12.52% (+ 3.13% yearly).
All of the property in AL averaged + 18.40% change in value (+ 4.60% yearly).
Florence-Muscle-Shoals-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 108.39 | + 8.39% | + 33.56% |
| 1995 | 3 | 103.35 | - 4.65% | - 18.60% |
| 1995 | 4 | 103.9 | + 0.53% | + 2.13% |
| 1996 | 1 | 108.6 | + 4.52% | + 18.09% |
| 1996 | 2 | 103.82 | - 4.40% | - 17.61% |
| 1996 | 3 | 103.42 | - 0.39% | - 1.54% |
| 1996 | 4 | 105.86 | + 2.36% | + 9.44% |
| 1997 | 1 | 104.73 | - 1.07% | - 4.27% |
| 1997 | 2 | 106.13 | + 1.34% | + 5.35% |
| 1997 | 3 | 108.2 | + 1.95% | + 7.80% |
| 1997 | 4 | 108.45 | + 0.23% | + 0.92% |
| 1998 | 1 | 109.71 | + 1.16% | + 4.65% |
| 1998 | 2 | 110.03 | + 0.29% | + 1.17% |
| 1998 | 3 | 110.58 | + 0.50% | + 2.00% |
| 1998 | 4 | 112.52 | + 1.75% | + 7.02% |
Lets look at Cloverdale, Alabama, a city located in Florence Muscle Shoals, Alabama MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Cloverdale, Alabama Refinance, or Cloverdale, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Cloverdale, Alabama home was worth $93,000.00 in 1995, you could multiply by + 12.52%, add the gain and see the home should be worth $104,643.60 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Florence-Muscle-Shoals-AL from 1995 to 1998:
+ 3.13%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Battle-Creek-MI, and Ogden-Clearfield-UT .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 38.22% from 1995 to the end of 1998
- Bay-City-MI increased + 32.31% from 1995 to the end of 1998
- Jackson-MI increased + 31.57% from 1995 to the end of 1998
- Battle-Creek-MI increased + 30.77% from 1995 to the end of 1998
- Ogden-Clearfield-UT increased + 30.59% from 1995 to the end of 1998
In contrast, the worst 5 MSAs from 1995 to 1998 were Honolulu-HI, Utica-Rome-NY, Madera-CA, Albany-Schenectady-Troy-NY, and Redding-CA .
- Honolulu-HI decreased by - 13.12% between 1995 and 1998
- Utica-Rome-NY only increased + 0.14% between 1995 and 1998
- Madera-CA only increased + 2.89% between 1995 and 1998
- Albany-Schenectady-Troy-NY only increased + 3.63% between 1995 and 1998
- Redding-CA only increased + 4.10% between 1995 and 1998
Zip Code in MSA: 35617 - CLOVERDALE, AL
MSA Pop: 141499Zip Pop: 0
Avg Value: 0
County: LAUDERDALE
Elev: 506
Region: South
Lat: 34.938611
Long: -87.771389