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 + 10.20% (+ 1.70% yearly) between 1993 and the end of 1998.

The state of ME had + 12.40% total appreciation (+ 2.07% 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 than the state as a whole. The state appreaciated + 21.58% faster than this MSA.

Bangor-ME

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1995-1998 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 $91,000.00 in 1993, you could multiply by + 10.20%, add the gain and see the home should be worth $100,280.66 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bangor-ME from 1993 to 1998:
+ 1.70%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 1998 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Provo-Orem-UT, Greeley-CO, and Logan-UT-ID .

  1. Salt-Lake-City-UT increased + 71.69% from 1993 to the end of 1998
  2. Ogden-Clearfield-UT increased + 68.79% from 1993 to the end of 1998
  3. Provo-Orem-UT increased + 68.09% from 1993 to the end of 1998
  4. Greeley-CO increased + 57.86% from 1993 to the end of 1998
  5. Logan-UT-ID increased + 56.04% from 1993 to the end of 1998

Zip Code in MSA: 4402 - BANGOR, ME

MSA Pop: 146982
Zip Pop: 0
Avg Value: 0
County: PENOBSCOT
Elev: 158
Region: Northeast
Lat: 44.832203
Long: -68.78755