Real Estate Appreciation for Bangor, Maine: + 1.27%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Bangor, Maine MSA appreciation it was + 1.27% (+ 0.63% yearly) from 1994 to 1995.
During the same time period, ME had - 0.18% (- 0.09% yearly).
You can see that the Bangor, Maine MSA experienced higher appreciation in this case.
Bangor-ME
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 100.65 | + 0.34% | + 1.36% |
| 1994 | 3 | 99.1 | - 1.54% | - 6.16% |
| 1994 | 4 | 98.13 | - 0.98% | - 3.92% |
| 1995 | 1 | 100 | + 1.91% | + 7.62% |
| 1995 | 2 | 97.62 | - 2.38% | - 9.52% |
| 1995 | 3 | 101.97 | + 4.46% | + 17.82% |
| 1995 | 4 | 101.58 | - 0.38% | - 1.53% |
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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 $89,000.00 in 1994, you could multiply by + 1.27%, add the gain and see the home should be worth $90,126.81 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bangor-ME from 1994 to 1995:
+ 0.63%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Logan-UT-ID, Ogden-Clearfield-UT, and Flagstaff-AZ-UT .
- Salt-Lake-City-UT increased + 24.08% from 1994 to the end of 1995
- Provo-Orem-UT increased + 23.82% from 1994 to the end of 1995
- Logan-UT-ID increased + 23.20% from 1994 to the end of 1995
- Ogden-Clearfield-UT increased + 23.19% from 1994 to the end of 1995
- Flagstaff-AZ-UT increased + 22.07% from 1994 to the end of 1995
Zip Code in MSA: 4401 - BANGOR, ME
MSA Pop: 146982Zip Pop: 40358
Avg Value: 85600
County: PENOBSCOT
Elev: 158
Region: Northeast
Lat: 44.816283
Long: -68.778771