Real Estate Appreciation for Billings, Montana: + 78.63%
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 + 78.63% (+ 7.15% yearly).
All of the property in MT averaged + 93.51% change in value (+ 8.50% yearly).
Billings-MT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 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 $100,000.00 in 1995, you could multiply by + 78.63%, add the gain and see the home should be worth $178,630.00 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Billings-MT from 1995 to 2005:
+ 7.15%
Appreciation Comparisons
For a 11 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Providence-New-Bedford-Fall-River-RI-MA .
- Bridgeport-Stamford-Norwalk-CT increased +291.00% from 1977 thru 1987
- New-Haven-Milford-CT increased +263.57% from 1978 thru 1988
- Salinas-CA increased +257.03% from 1995 thru 2005
- Salinas-CA increased +246.95% from 1996 thru 2006
- Providence-New-Bedford-Fall-River-RI-MA increased +246.07% from 1977 thru 1987
The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 33.11% from 1982 to 1992
- Midland-TX lost - 27.85% from 1983 thru 1993
- Midland-TX lost - 21.51% from 1984 thru 1994
- Odessa-TX lost - 21.17% from 1984 thru 1994
- Lafayette-LA lost - 18.88% from 1982 thru 1992
Zip Code in MSA: 59015 - BROADVIEW, MT
MSA Pop: 142961Zip Pop: 488
Avg Value: 75400
County: YELLOWSTONE
Elev: 3119
Region: West
Lat: 46.198848
Long: -108.916613