Real Estate Appreciation for Billings, Montana: + 44.27%
Appreciation for MSAs:.
Let's start by comparing Billings, Montana to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 44.27% (+ 5.53% yearly) for the Billings, Montana MSA.
The entire state of MT had + 55.54% appreciation (+ 6.94% yearly).
The state average for Montana was higher than the real estate appreciation in the Billings, Montana MSA. This means the conditions in the MSA for real estate investment were worse by + 25.44%.
Billings-MT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
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If you were going to do a Boyd, Montana Refinance, or Boyd, Montana Reverse Mortgages, you could estimate your home value.
If you knew your Boyd, Montana home was worth $91,000.00 in 1992, you could multiply by + 44.27%, add the gain and see the home should be worth $131,287.62 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Billings-MT from 1992 to 1999:
+ 5.53%
Appreciation Comparisons
For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .
- Salinas-CA increased +233.30% from 1998 thru 2005
- Springfield-MA increased +225.43% from 1981 thru 1988
- Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
- Salinas-CA increased +204.52% from 1999 thru 2006
- Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
Zip Code in MSA: 59013 - BOYD, MT
MSA Pop: 142961Zip Pop: 203
Avg Value: 108900
County: CARBON
Elev: 5553
Region: West
Lat: 45.457778
Long: -109.065833