Real Estate Appreciation for Bismarck, North Dakota: + 7.70%
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 + 7.70% (+ 2.57% yearly).
All of the property in ND averaged + 9.35% change in value (+ 3.12% yearly).
Bismarck-ND
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 109.52 | + 0.21% | + 0.84% |
| 1997 | 3 | 110.22 | + 0.64% | + 2.56% |
| 1997 | 4 | 110.4 | + 0.16% | + 0.65% |
| 1998 | 1 | 112.54 | + 1.94% | + 7.75% |
| 1998 | 2 | 114.86 | + 2.06% | + 8.25% |
| 1998 | 3 | 115.49 | + 0.55% | + 2.19% |
| 1998 | 4 | 116.06 | + 0.49% | + 1.97% |
| 1999 | 1 | 117.62 | + 1.34% | + 5.38% |
| 1999 | 2 | 117.8 | + 0.15% | + 0.61% |
| 1999 | 3 | 118.05 | + 0.21% | + 0.85% |
| 1999 | 4 | 117.7 | - 0.30% | - 1.19% |
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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 $96,000.00 in 1997, you could multiply by + 7.70%, add the gain and see the home should be worth $103,387.32 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bismarck-ND from 1997 to 1999:
+ 2.57%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 1997 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 41.42% from 1997 to the end of 1999
- Santa-Cruz-Watsonville-CA increased + 41.11% from 1997 to the end of 1999
- Barnstable-Town-MA increased + 32.18% from 1997 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 29.26% from 1997 to the end of 1999
- Napa-CA increased + 28.79% from 1997 to the end of 1999
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