Real Estate Appreciation for Bismarck, North Dakota: + 6.57%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Bismarck, North Dakota did compared to the state as a whole.
The Bismarck, North Dakota MSA property value change was + 6.57% (+ 3.29% yearly).
All of the property in ND averaged + 7.85% change in value (+ 3.93% yearly).
Bismarck-ND
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
Lets look at Regan, North Dakota, a city located in Bismarck, North Dakota MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $91,000.00 in 1995, you could multiply by + 6.57%, add the gain and see the home should be worth $96,978.70 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bismarck-ND from 1995 to 1996:
+ 3.29%
Appreciation Comparisons
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
The top 5 performing MSAs from 1995 to 1996 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Pittsfield-MA, Danville-IL, and Bay-City-MI .
- Salt-Lake-City-UT increased + 17.55% from 1995 to the end of 1996
- Ogden-Clearfield-UT increased + 17.36% from 1995 to the end of 1996
- Pittsfield-MA increased + 17.05% from 1995 to the end of 1996
- Danville-IL increased + 16.75% from 1995 to the end of 1996
- Bay-City-MI increased + 16.66% from 1995 to the end of 1996
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