Real Estate Appreciation for Bismarck, North Dakota: + 11.80%
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 + 11.80% (+ 3.93% yearly) from 1994 to 1996.
During the same time period, ND had + 13.08% (+ 4.36% yearly).
From 1994 to 1996, North Dakota outperformed the individual Bismarck, North Dakota MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
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% |
| 1996 | 1 | 107.11 | + 2.00% | + 8.00% |
| 1996 | 2 | 105.17 | - 1.81% | - 7.24% |
| 1996 | 3 | 106.16 | + 0.94% | + 3.77% |
| 1996 | 4 | 106.57 | + 0.39% | + 1.54% |
There are a lot of ways to use the appreciation data for Bismarck, North Dakota .
Lets look at Wing, 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 Wing, North Dakota check out Spec-Loan.com
If you were going to do a Wing, North Dakota Refinance, or Wing, North Dakota Reverse Mortgages, you could estimate your home value.
If you knew your Wing, North Dakota home was worth $90,000.00 in 1994, you could multiply by + 11.80%, add the gain and see the home should be worth $100,622.11 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bismarck-ND from 1994 to 1996:
+ 3.93%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
Zip Code in MSA: 58494 - WING, ND
MSA Pop: 96828Zip Pop: 356
Avg Value: 28300
County: BURLEIGH
Elev: 1672
Region: Midwest
Lat: 47.152609
Long: -100.332058