Real Estate Appreciation for Bismarck, North Dakota: + 29.30%
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 + 29.30% (+ 4.19% yearly).
All of the property in ND averaged + 32.09% change in value (+ 4.58% yearly).
Bismarck-ND
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Bismarck, North Dakota include real estate investment .
Lets look at Bismarck, North Dakota, a city located in Bismarck, North Dakota MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $100,000.00 in 1997, you could multiply by + 29.30%, add the gain and see the home should be worth $129,298.20 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bismarck-ND from 1997 to 2003:
+ 4.19%
Appreciation Comparisons
For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .
- Salinas-CA increased +208.13% from 1999 thru 2005
- Springfield-MA increased +199.02% from 1981 thru 1987
- Merced-CA increased +193.70% from 1999 thru 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 58502 - BISMARCK, ND
MSA Pop: 96828Zip Pop: 0
Avg Value: 0
County: BURLEIGH
Elev: 1672
Region: Midwest
Lat: 46.84947
Long: -100.71779