Real Estate Appreciation for Bismarck, North Dakota: + 41.91%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Bismarck, North Dakota MSA appreciated + 41.91% (+ 4.66% yearly) between 1993 and the end of 2001.
The state of ND had + 40.75% total appreciation (+ 4.53% yearly).
The Bismarck, North Dakota MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 2.85% faster than the state as a whole.
Bismarck-ND
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Bismarck-ND here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in North Dakota, you can do some research at Spec-Loan.com.
If you were going to do a Bismarck, North Dakota Refinance, or Bismarck, North Dakota Reverse Mortgages, you could estimate your home value.
If you knew your Bismarck, North Dakota home was worth $94,000.00 in 1993, you could multiply by + 41.91%, add the gain and see the home should be worth $133,395.23 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bismarck-ND from 1993 to 2001:
+ 4.66%
Appreciation Comparisons
The worst 5 MSAs from 1993 to 2001 were Honolulu-HI, Binghamton-NY, Glens-Falls-NY, Utica-Rome-NY, and Albany-Schenectady-Troy-NY .
- Honolulu-HI decreased by - 5.78% between 1993 and 2001
- Binghamton-NY only increased + 5.82% between 1993 and 2001
- Glens-Falls-NY only increased + 6.79% between 1993 and 2001
- Utica-Rome-NY only increased + 7.04% between 1993 and 2001
- Albany-Schenectady-Troy-NY only increased + 7.30% between 1993 and 2001
For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +251.65% from 1997 thru 2005
- Salinas-CA increased +229.40% from 1998 thru 2006
- Springfield-MA increased +229.07% from 1981 thru 1989
- Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
Zip Code in MSA: 58504 - BISMARCK, ND
MSA Pop: 96828Zip Pop: 22655
Avg Value: 83400
County: BURLEIGH
Elev: 1672
Region: Midwest
Lat: 46.76082
Long: -100.69938