Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Bangor, Maine MSA appreciated + 33.15% (+ 6.63% yearly) for the period between 1999 and the end of 2003.

The state had + 53.84% total appreciation (+ 10.77% yearly). The state average for Maine was higher than the real estate appreciation in the Bangor, Maine MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 62.39% faster than this MSA.

Bangor-ME

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2000-2003 Quarterly Detailed Appreciation


Some of the ways peope use our appreciation data for Bangor, Maine include real estate investment .

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

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Maine check out Spec-Loan.com

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 $102,000.00 in 1999, you could multiply by + 33.15%, add the gain and see the home should be worth $135,816.96 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bangor-ME from 1999 to 2003:
+ 6.63%

Appreciation Comparisons

The top 5 performing MSAs from 1999 to 2003 were Barnstable-Town-MA, Napa-CA, San-Luis-Obispo-Paso-Robles-CA, Vallejo-Fairfield-CA, and Salinas-CA .

  1. Barnstable-Town-MA increased +102.31% from 1999 to the end of 2003
  2. Napa-CA increased + 97.58% from 1999 to the end of 2003
  3. San-Luis-Obispo-Paso-Robles-CA increased + 94.52% from 1999 to the end of 2003
  4. Vallejo-Fairfield-CA increased + 94.15% from 1999 to the end of 2003
  5. Salinas-CA increased + 91.44% from 1999 to the end of 2003

For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
  2. Worcester-MA increased +138.82% from 1982 thru 1986
  3. Fresno-CA increased +137.23% from 2001 thru 2005
  4. Madera-CA increased +136.99% from 2001 thru 2005
  5. Yuba-City-CA increased +136.08% from 2001 thru 2005

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