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 + 66.78% (+ 6.07% yearly) for the Billings, Montana MSA.

The entire state of MT had + 82.40% appreciation (+ 7.49% 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 + 23.39%.

Billings-MT

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation


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

Lets look at Broadview, Montana, a city located in Billings, Montana 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 Montana check out Spec-Loan.com

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

If you knew your Broadview, Montana home was worth $94,000.00 in 1992, you could multiply by + 66.78%, add the gain and see the home should be worth $156,773.82 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Billings-MT from 1992 to 2002:
+ 6.07%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1992 to 2002 were Honolulu-HI, Binghamton-NY, Utica-Rome-NY, Syracuse-NY, and Albany-Schenectady-Troy-NY .

  1. Honolulu-HI only increased + 2.20% between 1992 and 2002
  2. Binghamton-NY only increased + 8.44% between 1992 and 2002
  3. Utica-Rome-NY only increased + 11.97% between 1992 and 2002
  4. Syracuse-NY only increased + 14.42% between 1992 and 2002
  5. Albany-Schenectady-Troy-NY only increased + 15.15% between 1992 and 2002

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: 59015 - BROADVIEW, MT

MSA Pop: 142961
Zip Pop: 488
Avg Value: 75400
County: YELLOWSTONE
Elev: 3119
Region: West
Lat: 46.198848
Long: -108.916613