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 + 11.20% (+ 1.60% yearly) between 1993 and the end of 1999.

The state of ME had + 19.45% total appreciation (+ 2.78% 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 + 73.71% faster than this MSA.

Bangor-ME

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Bangor-ME here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Maine, you can do some research at Spec-Loan.com.

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

If you knew your Bradford, Maine home was worth $92,000.00 in 1993, you could multiply by + 11.20%, add the gain and see the home should be worth $102,300.51 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bangor-ME from 1993 to 1999:
+ 1.60%

Appreciation Comparisons

For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .

  1. Salinas-CA increased +208.13% from 1999 thru 2005
  2. Springfield-MA increased +199.02% from 1981 thru 1987
  3. Merced-CA increased +193.70% from 1999 thru 2005
  4. Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
  5. Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005

The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .

  1. Lafayette-LA lost - 40.40% from 1982 to 1988
  2. Casper-WY lost - 35.78% from 1983 thru 1989
  3. Midland-TX lost - 32.81% from 1983 thru 1989
  4. Lafayette-LA lost - 32.70% from 1983 thru 1989
  5. Midland-TX lost - 31.48% from 1982 thru 1988

Zip Code in MSA: 4410 - BRADFORD, ME

MSA Pop: 146982
Zip Pop: 1161
Avg Value: 72000
County: PENOBSCOT
Elev: 158
Region: Northeast
Lat: 45.088104
Long: -68.907911