Real Estate Appreciation for Billings, Montana: + 14.95%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Billings, Montana MSA appreciation it was + 14.95% (+ 4.98% yearly) from 1994 to 1996.
During the same time period, MT had + 18.88% (+ 6.29% yearly).
From 1994 to 1996, Montana outperformed the individual Billings, Montana MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Billings-MT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 97.89 | + 2.04% | + 8.17% |
| 1994 | 3 | 99.41 | + 1.55% | + 6.21% |
| 1994 | 4 | 101.49 | + 2.09% | + 8.37% |
| 1995 | 1 | 100 | - 1.47% | - 5.87% |
| 1995 | 2 | 100.56 | + 0.56% | + 2.24% |
| 1995 | 3 | 103.77 | + 3.19% | + 12.77% |
| 1995 | 4 | 104.83 | + 1.02% | + 4.09% |
| 1996 | 1 | 105.93 | + 1.05% | + 4.20% |
| 1996 | 2 | 105.08 | - 0.80% | - 3.21% |
| 1996 | 3 | 107.29 | + 2.10% | + 8.41% |
| 1996 | 4 | 110.27 | + 2.78% | + 11.11% |
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 Acton, 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 Acton, Montana Refinance, or Acton, Montana Reverse Mortgages, you could estimate your home value.
If you knew your Acton, Montana home was worth $90,000.00 in 1994, you could multiply by + 14.95%, add the gain and see the home should be worth $103,453.56 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Billings-MT from 1994 to 1996:
+ 4.98%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
Zip Code in MSA: 59002 - ACTON, MT
MSA Pop: 142961Zip Pop: 63
Avg Value: 71300
County: YELLOWSTONE
Elev: 3119
Region: West
Lat: 45.92648
Long: -108.693749