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 + 7.27% (+ 1.45% yearly) between 1993 and the end of 1997.

The state of ME had + 7.20% total appreciation (+ 1.44% yearly). The Bangor, Maine MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 0.87% faster than the state as a whole.

Bangor-ME

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1994-1997 Quarterly Detailed Appreciation


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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 $90,000.00 in 1993, you could multiply by + 7.27%, add the gain and see the home should be worth $96,539.35 in 1997. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bangor-ME from 1993 to 1997:
+ 1.45%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 1997 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Provo-Orem-UT, Greeley-CO, and Logan-UT-ID .

  1. Salt-Lake-City-UT increased + 64.90% from 1993 to the end of 1997
  2. Ogden-Clearfield-UT increased + 62.08% from 1993 to the end of 1997
  3. Provo-Orem-UT increased + 61.72% from 1993 to the end of 1997
  4. Greeley-CO increased + 50.51% from 1993 to the end of 1997
  5. Logan-UT-ID increased + 49.89% from 1993 to the end of 1997

For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
  2. Worcester-MA increased +138.82% from 1982 thru 1986
  3. Fresno-CA increased +137.23% from 2001 thru 2005
  4. Madera-CA increased +136.99% from 2001 thru 2005
  5. Yuba-City-CA increased +136.08% from 2001 thru 2005

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