Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Billings, Montana MSA appreciated + 80.55% (+ 6.71% yearly) between 1993 and the end of 2004.

The state of MT had +100.45% total appreciation (+ 8.37% 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 than the state as a whole. The state appreaciated + 24.70% faster than this MSA.

Billings-MT

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Custer, Montana click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Billings, Montana.

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

If you knew your Custer, Montana home was worth $97,000.00 in 1993, you could multiply by + 80.55%, add the gain and see the home should be worth $175,137.07 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Billings-MT from 1993 to 2004:
+ 6.71%

Appreciation Comparisons

The worst 5 MSAs from 1993 to 2004 were Binghamton-NY, Rochester-NY, Utica-Rome-NY, Buffalo-Niagara-Falls-NY, and Elmira-NY .

  1. Binghamton-NY only increased + 16.01% between 1993 and 2004
  2. Rochester-NY only increased + 26.02% between 1993 and 2004
  3. Utica-Rome-NY only increased + 28.96% between 1993 and 2004
  4. Buffalo-Niagara-Falls-NY only increased + 29.30% between 1993 and 2004
  5. Elmira-NY only increased + 30.31% between 1993 and 2004

For a 12 year period, the top 5 performing MSAs of all time are Oxnard-Thousand-Oaks-Ventura-CA, Bridgeport-Stamford-Norwalk-CT, San-Jose-Sunnyvale-Santa-Clara-CA, Providence-New-Bedford-Fall-River-RI-MA, and San-Jose-Sunnyvale-Santa-Clara-CA .

  1. Oxnard-Thousand-Oaks-Ventura-CA increased +288.32% from 1977 thru 1988
  2. Bridgeport-Stamford-Norwalk-CT increased +284.24% from 1977 thru 1988
  3. San-Jose-Sunnyvale-Santa-Clara-CA increased +270.45% from 1977 thru 1988
  4. Providence-New-Bedford-Fall-River-RI-MA increased +269.41% from 1977 thru 1988
  5. San-Jose-Sunnyvale-Santa-Clara-CA increased +267.22% from 1978 thru 1989

The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .

  1. Midland-TX lost - 29.95% from 1982 to 1993
  2. Midland-TX lost - 27.35% from 1983 thru 1994
  3. Midland-TX lost - 18.42% from 1984 thru 1995
  4. Odessa-TX lost - 17.39% from 1984 thru 1995
  5. Lafayette-LA lost - 14.77% from 1982 thru 1993

Zip Code in MSA: 59024 - CUSTER, MT

MSA Pop: 142961
Zip Pop: 348
Avg Value: 65700
County: YELLOWSTONE
Elev: 3119
Region: West
Lat: 46.203421
Long: -107.679085