Real Estate Appreciation for Billings, Montana: + 28.08%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Billings, Montana MSA appreciated + 28.08% (+ 7.02% yearly) for the period between 2001 and the end of 2004.
The state had + 31.52% total appreciation (+ 7.88% yearly).
The state average for Montana was higher than the real estate appreciation in the Billings, Montana MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 12.27% faster than this MSA.
Billings-MT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2001 | 2 | 127.07 | + 1.44% | + 5.75% |
| 2001 | 3 | 128.22 | + 0.91% | + 3.62% |
| 2001 | 4 | 128.22 | + 0.00% | + 0.00% |
| 2002 | 1 | 132.44 | + 3.29% | + 13.16% |
| 2002 | 2 | 133.79 | + 1.02% | + 4.08% |
| 2002 | 3 | 135.04 | + 0.93% | + 3.74% |
| 2002 | 4 | 136.56 | + 1.13% | + 4.50% |
| 2003 | 1 | 138.45 | + 1.38% | + 5.54% |
| 2003 | 2 | 141.04 | + 1.87% | + 7.48% |
| 2003 | 3 | 143.92 | + 2.04% | + 8.17% |
| 2003 | 4 | 148.32 | + 3.06% | + 12.23% |
| 2004 | 1 | 150.56 | + 1.51% | + 6.04% |
| 2004 | 2 | 153.88 | + 2.21% | + 8.82% |
| 2004 | 3 | 157.69 | + 2.48% | + 9.90% |
| 2004 | 4 | 160.44 | + 1.74% | + 6.98% |
There are a lot of ways to use the appreciation data for Billings, Montana .
Lets look at Ballantine, Montana, a city located in Billings, Montana MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Ballantine, Montana check out Spec-Loan.com
If you were going to do a Ballantine, Montana Refinance, or Ballantine, Montana Reverse Mortgages, you could estimate your home value.
If you knew your Ballantine, Montana home was worth $105,000.00 in 2001, you could multiply by + 28.08%, add the gain and see the home should be worth $134,479.13 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Billings-MT from 2001 to 2004:
+ 7.02%
Appreciation Comparisons
The top 5 performing MSAs from 2001 to 2004 were Riverside-San-Bernardino-Ontario-CA, Yuba-City-CA, Fresno-CA, Madera-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Riverside-San-Bernardino-Ontario-CA increased + 90.90% from 2001 to the end of 2004
- Yuba-City-CA increased + 90.67% from 2001 to the end of 2004
- Fresno-CA increased + 90.07% from 2001 to the end of 2004
- Madera-CA increased + 89.58% from 2001 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased + 87.47% from 2001 to the end of 2004
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 59006 - BALLANTINE, MT
MSA Pop: 142961Zip Pop: 865
Avg Value: 83700
County: YELLOWSTONE
Elev: 3119
Region: West
Lat: 45.956371
Long: -108.094694