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 + 4.23% (+ 2.11% yearly).

All of the property in MT averaged + 6.24% change in value (+ 3.12% yearly).

Billings-MT

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 109.27 - 0.41% - 1.64%
1997 3 110.01 + 0.68% + 2.71%
1997 4 111.53 + 1.38% + 5.53%
1998 1 112.76 + 1.10% + 4.41%
1998 2 112.42 - 0.30% - 1.21%
1998 3 113.54 + 1.00% + 3.99%
1998 4 114.36 + 0.72% + 2.89%


If you want to learn more about fixing up and flipping property and Hard Money Rehab Loans check out Spec-Loan.com

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 $95,000.00 in 1997, you could multiply by + 4.23%, add the gain and see the home should be worth $99,017.50 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Billings-MT from 1997 to 1998:
+ 2.11%

Appreciation Comparisons

The top 5 performing MSAs from 1997 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, San-Diego-Carlsbad-San-Marcos-CA, Gadsden-AL, and Waterloo-Cedar-Falls-IA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.79% from 1997 to the end of 1998
  2. Santa-Cruz-Watsonville-CA increased + 20.64% from 1997 to the end of 1998
  3. San-Diego-Carlsbad-San-Marcos-CA increased + 16.27% from 1997 to the end of 1998
  4. Gadsden-AL increased + 14.96% from 1997 to the end of 1998
  5. Waterloo-Cedar-Falls-IA increased + 13.76% from 1997 to the end of 1998

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

Zip Code in MSA: 59002 - ACTON, MT

MSA Pop: 142961
Zip Pop: 63
Avg Value: 71300
County: YELLOWSTONE
Elev: 3119
Region: West
Lat: 45.92648
Long: -108.693749