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 Medford, Oregon MSA appreciated + 53.47% (+ 13.37% yearly) for the period between 2001 and the end of 2004.

The state had + 27.16% total appreciation (+ 6.79% yearly). The Medford, Oregon MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Medford-OR

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2001 2 142.54 + 1.68% + 6.73%
2001 3 144.77 + 1.56% + 6.26%
2001 4 145.8 + 0.71% + 2.85%
2002 1 149.4 + 2.47% + 9.88%
2002 2 151.14 + 1.16% + 4.66%
2002 3 154.52 + 2.24% + 8.95%
2002 4 157.05 + 1.64% + 6.55%
2003 1 160.11 + 1.95% + 7.79%
2003 2 163.25 + 1.96% + 7.84%
2003 3 169.24 + 3.67% + 14.68%
2003 4 177.34 + 4.79% + 19.14%
2004 1 182.95 + 3.16% + 12.65%
2004 2 192.72 + 5.34% + 21.36%
2004 3 207.21 + 7.52% + 30.07%
2004 4 215.14 + 3.83% + 15.31%


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

If you were going to do a Central Point, Oregon Refinance, or Central Point, Oregon Reverse Mortgages, you could estimate your home value.

If you knew your Central Point, Oregon home was worth $105,000.00 in 2001, you could multiply by + 53.47%, add the gain and see the home should be worth $161,147.81 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Medford-OR from 2001 to 2004:
+ 13.37%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2001 to 2004 were Ogden-Clearfield-UT, Jackson-TN, Austin-Round-Rock-TX, Provo-Orem-UT, and Columbus-IN .

  1. Ogden-Clearfield-UT only increased + 5.61% between 2001 and 2004
  2. Jackson-TN only increased + 5.91% between 2001 and 2004
  3. Austin-Round-Rock-TX only increased + 5.99% between 2001 and 2004
  4. Provo-Orem-UT only increased + 6.69% between 2001 and 2004
  5. Columbus-IN only increased + 7.56% between 2001 and 2004

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 97502 - CENTRAL POINT, OR

MSA Pop: 190077
Zip Pop: 23356
Avg Value: 126000
County: JACKSON
Elev: 1374
Region: West
Lat: 42.40235
Long: -122.91497