Real Estate Appreciation for Kokomo, Indiana: - 1.00%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Kokomo, Indiana did compared to the state as a whole.
The Kokomo, Indiana MSA property value change was - 1.00% (- 0.50% yearly).
All of the property in IN averaged + 5.37% change in value (+ 2.69% yearly).
Kokomo-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2005 | 2 | 144.17 | + 0.56% | + 2.23% |
| 2005 | 3 | 147.81 | + 2.52% | + 10.10% |
| 2005 | 4 | 149.26 | + 0.98% | + 3.92% |
| 2006 | 1 | 144.15 | - 3.42% | - 13.69% |
| 2006 | 2 | 142.91 | - 0.86% | - 3.44% |
| 2006 | 3 | 142.33 | - 0.41% | - 1.62% |
| 2006 | 4 | 141.93 | - 0.28% | - 1.12% |
There are a lot of ways to use the appreciation data for Kokomo, Indiana .
Lets look at Goldsmith, Indiana, a city located in Kokomo, Indiana MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Goldsmith, Indiana check out Spec-Loan.com
If you were going to do a Goldsmith, Indiana Refinance, or Goldsmith, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Goldsmith, Indiana home was worth $111,000.00 in 2005, you could multiply by - 1.00%, add the gain and see the home should be worth $109,885.12 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Kokomo-IN from 2005 to 2006:
- 0.50%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 46045 - GOLDSMITH, IN
MSA Pop: 101302Zip Pop: 55
Avg Value: 116700
County: TIPTON
Elev: 864
Region: Midwest
Lat: 40.289444
Long: -86.149167