Real Estate Appreciation for Palm Bay Melbourne Titusville, Florida: +169.28%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Palm Bay Melbourne Titusville, Florida did compared to the state as a whole.
The Palm Bay Melbourne Titusville, Florida MSA property value change was +169.28% (+ 16.93% yearly).
All of the property in FL averaged +175.13% change in value (+ 17.51% yearly).
Palm-Bay-Melbourne-Titusville-FL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Palm Bay Melbourne Titusville, Florida .
Lets look at Orlando, Florida, a city located in Palm Bay Melbourne Titusville, Florida 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 Orlando, Florida check out Spec-Loan.com
If you were going to do a Orlando, Florida Refinance, or Orlando, Florida Reverse Mortgages, you could estimate your home value.
If you knew your Orlando, Florida home was worth $103,000.00 in 1997, you could multiply by +169.28%, add the gain and see the home should be worth $277,361.16 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Palm-Bay-Melbourne-Titusville-FL from 1997 to 2006:
+ 16.93%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1997 to 2006 were Lafayette-IN, Kokomo-IN, Columbus-IN, Springfield-IL, and Anderson-IN .
- Lafayette-IN only increased + 22.65% between 1997 and 2006
- Kokomo-IN only increased + 24.43% between 1997 and 2006
- Columbus-IN only increased + 28.09% between 1997 and 2006
- Springfield-IL only increased + 28.91% between 1997 and 2006
- Anderson-IN only increased + 29.98% between 1997 and 2006
The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .
- Midland-TX lost - 34.73% from 1982 to 1991
- Midland-TX lost - 31.11% from 1983 thru 1992
- Lafayette-LA lost - 22.75% from 1982 thru 1991
- Midland-TX lost - 22.05% from 1984 thru 1993
- Lafayette-LA lost - 21.25% from 1983 thru 1992
Zip Code in MSA: 32815 - ORLANDO, FL
MSA Pop: 505711Zip Pop: 0
Avg Value: 0
County: BREVARD
Elev: 18
Region: South
Lat: 28.59206
Long: -80.654219