Real Estate Appreciation for Lafayette, Indiana: + 14.47%
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 Lafayette, Indiana MSA appreciated + 14.47% (+ 2.07% yearly) for the period between 1999 and the end of 2005.
The state had + 26.65% total appreciation (+ 3.81% yearly).
The state average for Indiana was higher than the real estate appreciation in the Lafayette, 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 + 84.14% faster than this MSA.
Lafayette-IN
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
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If you were going to do a Cutler, Indiana Refinance, or Cutler, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Cutler, Indiana home was worth $104,000.00 in 1999, you could multiply by + 14.47%, add the gain and see the home should be worth $119,052.63 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Lafayette-IN from 1999 to 2005:
+ 2.07%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1999 to 2005 were Lafayette-IN, Ogden-Clearfield-UT, Burlington-NC, Columbus-IN, and Springfield-IL .
- Lafayette-IN only increased + 14.47% between 1999 and 2005
- Ogden-Clearfield-UT only increased + 17.01% between 1999 and 2005
- Burlington-NC only increased + 17.19% between 1999 and 2005
- Columbus-IN only increased + 18.62% between 1999 and 2005
- Springfield-IL only increased + 18.92% between 1999 and 2005
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 46920 - CUTLER, IN
MSA Pop: 184536Zip Pop: 1487
Avg Value: 89500
County: CARROLL
Elev: 580
Region: Midwest
Lat: 40.471194
Long: -86.474043