Appreciation for MSAs:.

Let's start by comparing Bangor, Maine to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 2.68% (+ 0.67% yearly) for the Bangor, Maine MSA.

The entire state of ME had - 1.18% appreciation (- 0.30% yearly). The Bangor, Maine MSA beat out the state. by -326.08% appreciation.

Bangor-ME

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1992 2 99.17 + 0.24% + 0.97%
1992 3 100.91 + 1.75% + 7.02%
1992 4 99.6 - 1.30% - 5.19%
1993 1 99.23 - 0.37% - 1.49%
1993 2 100.45 + 1.23% + 4.92%
1993 3 100.34 - 0.11% - 0.44%
1993 4 102.56 + 2.21% + 8.85%
1994 1 100.31 - 2.19% - 8.78%
1994 2 100.65 + 0.34% + 1.36%
1994 3 99.1 - 1.54% - 6.16%
1994 4 98.13 - 0.98% - 3.92%
1995 1 100 + 1.91% + 7.62%
1995 2 97.62 - 2.38% - 9.52%
1995 3 101.97 + 4.46% + 17.82%
1995 4 101.58 - 0.38% - 1.53%


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If you were going to do a Bangor, Maine Refinance, or Bangor, Maine Reverse Mortgages, you could estimate your home value.

If you knew your Bangor, Maine home was worth $87,000.00 in 1992, you could multiply by + 2.68%, add the gain and see the home should be worth $89,330.44 in 1995. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bangor-ME from 1992 to 1995:
+ 0.67%

Appreciation Comparisons

The top 5 performing MSAs from 1992 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Corvallis-OR, Ogden-Clearfield-UT, and Boulder-CO .

  1. Salt-Lake-City-UT increased + 58.28% from 1992 to the end of 1995
  2. Provo-Orem-UT increased + 57.01% from 1992 to the end of 1995
  3. Corvallis-OR increased + 52.37% from 1992 to the end of 1995
  4. Ogden-Clearfield-UT increased + 49.28% from 1992 to the end of 1995
  5. Boulder-CO increased + 47.51% from 1992 to the end of 1995

Zip Code in MSA: 4401 - BANGOR, ME

MSA Pop: 146982
Zip Pop: 40358
Avg Value: 85600
County: PENOBSCOT
Elev: 158
Region: Northeast
Lat: 44.816283
Long: -68.778771