Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Bangor, Maine MSA appreciated - 1.11% (- 0.55% yearly) between 1993 and the end of 1994.

The state of ME had - 3.39% total appreciation (- 1.70% yearly). The Bangor, Maine MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated - 67.33% faster than the state as a whole.

Bangor-ME

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


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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 1993, you could multiply by - 1.11%, add the gain and see the home should be worth $86,035.57 in 1994. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bangor-ME from 1993 to 1994:
- 0.55%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 1994 were Salt-Lake-City-UT, Fort-Collins-Loveland-CO, Provo-Orem-UT, Ogden-Clearfield-UT, and Greeley-CO .

  1. Salt-Lake-City-UT increased + 30.47% from 1993 to the end of 1994
  2. Fort-Collins-Loveland-CO increased + 28.45% from 1993 to the end of 1994
  3. Provo-Orem-UT increased + 28.10% from 1993 to the end of 1994
  4. Ogden-Clearfield-UT increased + 25.98% from 1993 to the end of 1994
  5. Greeley-CO increased + 25.00% from 1993 to the end of 1994

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