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 + 65.30% (+ 5.02% yearly) for the Bangor, Maine MSA.

The entire state of ME had + 92.39% appreciation (+ 7.11% yearly). The state average for Maine was higher than the real estate appreciation in the Bangor, Maine MSA. This means the conditions in the MSA for real estate investment were worse by + 41.49%.

Bangor-ME

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
1992-1995 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Bangor, Maine .

Lets look at Greenbush, Maine, a city located in Bangor, Maine 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 Greenbush, Maine check out Spec-Loan.com

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

If you knew your Greenbush, Maine home was worth $96,000.00 in 1992, you could multiply by + 65.30%, add the gain and see the home should be worth $158,686.75 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bangor-ME from 1992 to 2004:
+ 5.02%

Appreciation Comparisons

The worst perfoming MSAs ever for a 13 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Odessa-TX .

  1. Midland-TX lost - 29.46% from 1982 to 1994
  2. Midland-TX lost - 24.49% from 1983 thru 1995
  3. Midland-TX lost - 18.51% from 1984 thru 1996
  4. Odessa-TX lost - 15.99% from 1984 thru 1996
  5. Odessa-TX lost - 10.08% from 1985 thru 1997

The top 5 performing MSAs from 1992 to 2004 were Salinas-CA, Barnstable-Town-MA, San-Diego-Carlsbad-San-Marcos-CA, Medford-OR, and Boulder-CO .

  1. Salinas-CA increased +178.15% from 1992 to the end of 2004
  2. Barnstable-Town-MA increased +174.04% from 1992 to the end of 2004
  3. San-Diego-Carlsbad-San-Marcos-CA increased +161.74% from 1992 to the end of 2004
  4. Medford-OR increased +161.06% from 1992 to the end of 2004
  5. Boulder-CO increased +160.43% from 1992 to the end of 2004

Zip Code in MSA: 4418 - GREENBUSH, ME

MSA Pop: 146982
Zip Pop: 1420
Avg Value: 57700
County: PENOBSCOT
Elev: 158
Region: Northeast
Lat: 45.080192
Long: -68.594259