Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Kokomo, Indiana MSA appreciated + 7.35% (+ 1.23% yearly) for the period between 2001 and the end of 2006.

The state had + 19.22% total appreciation (+ 3.20% yearly). The state average for Indiana was higher than the real estate appreciation in the Kokomo, Indiana MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated +161.46% faster than this MSA.

Kokomo-IN

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2003-2006 Quarterly Detailed Appreciation


Lets look at Sharpsville, Indiana, a city located in Kokomo, Indiana 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 Sharpsville, Indiana Refinance, or Sharpsville, Indiana Reverse Mortgages, you could estimate your home value.

If you knew your Sharpsville, Indiana home was worth $107,000.00 in 2001, you could multiply by + 7.35%, add the gain and see the home should be worth $114,866.58 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Kokomo-IN from 2001 to 2006:
+ 1.23%

Appreciation Comparisons

For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .

  1. Merced-CA increased +172.57% from 2000 thru 2005
  2. Modesto-CA increased +166.23% from 2000 thru 2005
  3. Worcester-MA increased +164.50% from 1982 thru 1987
  4. Yuba-City-CA increased +164.17% from 2000 thru 2005
  5. San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981

The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .

  1. Lafayette-LA lost - 42.13% from 1983 to 1988
  2. Lafayette-LA lost - 37.78% from 1982 thru 1987
  3. Casper-WY lost - 37.50% from 1983 thru 1988
  4. Anchorage-AK lost - 33.17% from 1984 thru 1989
  5. Midland-TX lost - 31.15% from 1982 thru 1987

Zip Code in MSA: 46068 - SHARPSVILLE, IN

MSA Pop: 101302
Zip Pop: 2957
Avg Value: 98100
County: TIPTON
Elev: 864
Region: Midwest
Lat: 40.379597
Long: -86.09032