Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Bangor, Maine did compared to the state as a whole.

The Bangor, Maine MSA property value change was + 80.15% (+ 7.29% yearly).

All of the property in ME averaged +123.78% change in value (+ 11.25% yearly).

Bangor-ME

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Bangor, Maine .

Lets look at Greenbush, Maine, a city located in Bangor, Maine MSA.

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Greenbush, Maine check out Spec-Loan.com

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

If you knew your Greenbush, Maine home was worth $100,000.00 in 1995, you could multiply by + 80.15%, add the gain and see the home should be worth $180,150.00 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bangor-ME from 1995 to 2005:
+ 7.29%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1995 to 2005 were Springfield-IL, Lafayette-IN, Fayetteville-NC, Columbus-IN, and Florence-Muscle-Shoals-AL .

  1. Springfield-IL only increased + 29.78% between 1995 and 2005
  2. Lafayette-IN only increased + 32.24% between 1995 and 2005
  3. Fayetteville-NC only increased + 34.66% between 1995 and 2005
  4. Columbus-IN only increased + 34.69% between 1995 and 2005
  5. Florence-Muscle-Shoals-AL only increased + 35.09% between 1995 and 2005

The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .

  1. Midland-TX lost - 33.11% from 1982 to 1992
  2. Midland-TX lost - 27.85% from 1983 thru 1993
  3. Midland-TX lost - 21.51% from 1984 thru 1994
  4. Odessa-TX lost - 21.17% from 1984 thru 1994
  5. Lafayette-LA lost - 18.88% from 1982 thru 1992

Zip Code in MSA: 4418 - GREENBUSH, ME

MSA Pop: 146982
Zip Pop: 1420
Avg Value: 57700
County: PENOBSCOT
Elev: 158
Region: Northeast
Lat: 45.080192
Long: -68.594259