Real Estate Appreciation for Bismarck, North Dakota: + 10.17%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Bismarck, North Dakota MSA appreciation it was + 10.17% (+ 5.08% yearly) from 1994 to 1995.
During the same time period, ND had + 8.66% (+ 4.33% yearly).
You can see that the Bismarck, North Dakota MSA experienced higher appreciation in this case.
Bismarck-ND
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 98.6 | + 3.44% | + 13.76% |
| 1994 | 3 | 98.75 | + 0.15% | + 0.61% |
| 1994 | 4 | 99.74 | + 1.00% | + 4.01% |
| 1995 | 1 | 100 | + 0.26% | + 1.04% |
| 1995 | 2 | 102.48 | + 2.48% | + 9.92% |
| 1995 | 3 | 103 | + 0.51% | + 2.03% |
| 1995 | 4 | 105.01 | + 1.95% | + 7.81% |
There are a lot of ways to use the appreciation data for Bismarck, North Dakota .
Lets look at Regan, North Dakota, a city located in Bismarck, North Dakota 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 Regan, North Dakota check out Spec-Loan.com
If you were going to do a Regan, North Dakota Refinance, or Regan, North Dakota Reverse Mortgages, you could estimate your home value.
If you knew your Regan, North Dakota home was worth $89,000.00 in 1994, you could multiply by + 10.17%, add the gain and see the home should be worth $98,047.52 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bismarck-ND from 1994 to 1995:
+ 5.08%
Appreciation Comparisons
The worst 5 MSAs from 1994 to 1995 were Utica-Rome-NY, Binghamton-NY, Riverside-San-Bernardino-Ontario-CA, Kingston-NY, and Ithaca-NY .
- Utica-Rome-NY decreased by - 9.64% between 1994 and 1995
- Binghamton-NY decreased by - 8.46% between 1994 and 1995
- Riverside-San-Bernardino-Ontario-CA decreased by - 8.30% between 1994 and 1995
- Kingston-NY decreased by - 7.85% between 1994 and 1995
- Ithaca-NY decreased by - 7.18% between 1994 and 1995
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 .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 58477 - REGAN, ND
MSA Pop: 96828Zip Pop: 168
Avg Value: 43100
County: BURLEIGH
Elev: 1672
Region: Midwest
Lat: 47.156664
Long: -100.521564