Real Estate Appreciation for Monroe, Michigan: +125.43%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Monroe, Michigan MSA appreciation it was +125.43% (+ 8.96% yearly) from 1984 to 1997.
During the same time period, MI had +123.13% (+ 8.79% yearly).
You can see that the Monroe, Michigan MSA experienced higher appreciation in this case.
Monroe-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1994-1997 Quarterly Detailed Appreciation
1991-1994 Quarterly Detailed Appreciation
1988-1991 Quarterly Detailed Appreciation
1985-1988 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Monroe, Michigan include real estate investment .
Lets look at Maybee, Michigan, a city located in Monroe, Michigan MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Michigan check out Spec-Loan.com
If you were going to do a Maybee, Michigan Refinance, or Maybee, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Maybee, Michigan home was worth $81,000.00 in 1984, you could multiply by +125.43%, add the gain and see the home should be worth $182,595.74 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Monroe-MI from 1984 to 1997:
+ 8.96%
Appreciation Comparisons
For a 14 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Honolulu-HI, San-Jose-Sunnyvale-Santa-Clara-CA, Oxnard-Thousand-Oaks-Ventura-CA, and Santa-Rosa-Petaluma-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +471.91% from 1976 thru 1989
- Honolulu-HI increased +338.44% from 1978 thru 1991
- San-Jose-Sunnyvale-Santa-Clara-CA increased +337.52% from 1977 thru 1990
- Oxnard-Thousand-Oaks-Ventura-CA increased +325.36% from 1977 thru 1990
- Santa-Rosa-Petaluma-CA increased +309.66% from 1977 thru 1990
The worst perfoming MSAs ever for a 14 year period, were Midland-TX, Midland-TX, Odessa-TX, Midland-TX, and Midland-TX .
- Midland-TX lost - 26.68% from 1982 to 1995
- Midland-TX lost - 24.58% from 1983 thru 1996
- Odessa-TX lost - 17.25% from 1984 thru 1997
- Midland-TX lost - 13.75% from 1984 thru 1997
- Midland-TX lost - 6.03% from 1986 thru 1999
Zip Code in MSA: 48159 - MAYBEE, MI
MSA Pop: 150673Zip Pop: 2554
Avg Value: 126900
County: MONROE
Elev: 593
Region: Midwest
Lat: 42.019301
Long: -83.546058