Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Billings, Montana did compared to the state as a whole.

The Billings, Montana MSA property value change was + 28.22% (+ 4.03% yearly).

All of the property in MT averaged + 31.74% change in value (+ 4.53% yearly).

Billings-MT

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


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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

If you knew your Belfry, Montana home was worth $96,000.00 in 1995, you could multiply by + 28.22%, add the gain and see the home should be worth $123,091.20 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Billings-MT from 1995 to 2001:
+ 4.03%

Appreciation Comparisons

The top 5 performing MSAs from 1995 to 2001 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Barnstable-Town-MA, Salinas-CA, and Santa-Rosa-Petaluma-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased +103.98% from 1995 to the end of 2001
  2. Santa-Cruz-Watsonville-CA increased + 92.02% from 1995 to the end of 2001
  3. Barnstable-Town-MA increased + 87.81% from 1995 to the end of 2001
  4. Salinas-CA increased + 80.15% from 1995 to the end of 2001
  5. Santa-Rosa-Petaluma-CA increased + 79.67% from 1995 to the end of 2001

In contrast, the worst 5 MSAs from 1995 to 2001 were Honolulu-HI, Odessa-TX, Lawton-OK, El-Paso-TX, and Buffalo-Niagara-Falls-NY .

  1. Honolulu-HI decreased by - 5.27% between 1995 and 2001
  2. Odessa-TX only increased + 11.46% between 1995 and 2001
  3. Lawton-OK only increased + 11.56% between 1995 and 2001
  4. El-Paso-TX only increased + 12.88% between 1995 and 2001
  5. Buffalo-Niagara-Falls-NY only increased + 13.30% between 1995 and 2001

Zip Code in MSA: 59008 - BELFRY, MT

MSA Pop: 142961
Zip Pop: 374
Avg Value: 103800
County: CARBON
Elev: 5553
Region: West
Lat: 45.06656
Long: -109.16491