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 + 19.65% (+ 3.93% yearly).

All of the property in ME averaged + 39.51% change in value (+ 7.90% yearly).

Bangor-ME

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1998-2001 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 $98,000.00 in 1997, you could multiply by + 19.65%, add the gain and see the home should be worth $117,256.30 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bangor-ME from 1997 to 2001:
+ 3.93%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1997 to 2001 were Honolulu-HI, Williamsport-PA, Springfield-IL, Wenatchee-WA, and Albuquerque-NM .

  1. Honolulu-HI only increased + 5.24% between 1997 and 2001
  2. Williamsport-PA only increased + 7.92% between 1997 and 2001
  3. Springfield-IL only increased + 8.36% between 1997 and 2001
  4. Wenatchee-WA only increased + 8.71% between 1997 and 2001
  5. Albuquerque-NM only increased + 8.90% between 1997 and 2001

The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .

  1. Casper-WY lost - 42.34% from 1983 to 1987
  2. Lafayette-LA lost - 39.59% from 1983 thru 1987
  3. Lafayette-LA lost - 37.20% from 1984 thru 1988
  4. Grand-Junction-CO lost - 30.66% from 1982 thru 1986
  5. Anchorage-AK lost - 30.21% from 1985 thru 1989

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