Real Estate Appreciation for Lafayette, Indiana: + 9.59%
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 + 9.59% (+ 1.60% 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 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 +100.42% faster than this MSA.
Lafayette-IN
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
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If you were going to do a Camden, Indiana Refinance, or Camden, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Camden, Indiana home was worth $107,000.00 in 2001, you could multiply by + 9.59%, add the gain and see the home should be worth $117,262.45 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Lafayette-IN from 2001 to 2006:
+ 1.60%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
Zip Code in MSA: 46917 - CAMDEN, IN
MSA Pop: 184536Zip Pop: 1814
Avg Value: 71400
County: CARROLL
Elev: 580
Region: Midwest
Lat: 40.59828
Long: -86.50068