Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
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 + 6.33% (+ 3.16% yearly) from 2000 to 2001.

During the same time period, ND had + 7.73% (+ 3.86% yearly). From 2000 to 2001, 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

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 119.32 - 1.19% - 4.77%
2000 3 120.26 + 0.79% + 3.15%
2000 4 123.22 + 2.46% + 9.85%
2001 1 125.77 + 2.07% + 8.28%
2001 2 126.47 + 0.56% + 2.23%
2001 3 127.36 + 0.70% + 2.81%
2001 4 128.4 + 0.82% + 3.27%


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Bismarck-ND here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in North Dakota, you can do some research at 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 $101,000.00 in 2000, you could multiply by + 6.33%, add the gain and see the home should be worth $107,389.86 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bismarck-ND from 2000 to 2001:
+ 3.16%

Appreciation Comparisons

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 58477 - REGAN, ND

MSA Pop: 96828
Zip Pop: 168
Avg Value: 43100
County: BURLEIGH
Elev: 1672
Region: Midwest
Lat: 47.156664
Long: -100.521564