Real Estate Appreciation for Bismarck, North Dakota: + 60.20%
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 + 60.20% (+ 5.47% yearly) from 1994 to 2004.
During the same time period, ND had + 61.98% (+ 5.63% yearly).
From 1994 to 2004, 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
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Bismarck, North Dakota .
Lets look at Bismarck, 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 Bismarck, North Dakota check out 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 $98,000.00 in 1994, you could multiply by + 60.20%, add the gain and see the home should be worth $156,993.29 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bismarck-ND from 1994 to 2004:
+ 5.47%
Appreciation Comparisons
For a 11 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Providence-New-Bedford-Fall-River-RI-MA .
- Bridgeport-Stamford-Norwalk-CT increased +291.00% from 1977 thru 1987
- New-Haven-Milford-CT increased +263.57% from 1978 thru 1988
- Salinas-CA increased +257.03% from 1995 thru 2005
- Salinas-CA increased +246.95% from 1996 thru 2006
- Providence-New-Bedford-Fall-River-RI-MA increased +246.07% from 1977 thru 1987
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