Real Estate Appreciation for Bismarck, North Dakota: + 29.82%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Bismarck, North Dakota MSA appreciated + 29.82% (+ 4.97% yearly) for the period between 1999 and the end of 2004.
The state had + 32.06% total appreciation (+ 5.34% yearly).
The state average for North Dakota was higher than the real estate appreciation in the Bismarck, North Dakota MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 7.49% faster than this MSA.
Bismarck-ND
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 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 $103,000.00 in 1999, you could multiply by + 29.82%, add the gain and see the home should be worth $133,719.61 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bismarck-ND from 1999 to 2004:
+ 4.97%
Appreciation Comparisons
The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .
- Lafayette-LA lost - 42.13% from 1983 to 1988
- Lafayette-LA lost - 37.78% from 1982 thru 1987
- Casper-WY lost - 37.50% from 1983 thru 1988
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
The top 5 performing MSAs from 1999 to 2004 were Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Vallejo-Fairfield-CA, Napa-CA, and San-Luis-Obispo-Paso-Robles-CA .
- Salinas-CA increased +147.28% from 1999 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased +142.11% from 1999 to the end of 2004
- Vallejo-Fairfield-CA increased +136.81% from 1999 to the end of 2004
- Napa-CA increased +132.64% from 1999 to the end of 2004
- San-Luis-Obispo-Paso-Robles-CA increased +132.13% from 1999 to the end of 2004
Zip Code in MSA: 58501 - BISMARCK, ND
MSA Pop: 96828Zip Pop: 43677
Avg Value: 96300
County: BURLEIGH
Elev: 1672
Region: Midwest
Lat: 46.818096
Long: -100.779822