Appreciation for MSAs:.

Let's start by comparing Bismarck, North Dakota to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 9.04% (+ 4.52% yearly) for the Bismarck, North Dakota MSA.

The entire state of ND had + 10.32% appreciation (+ 5.16% yearly). The state average for North Dakota was higher than the real estate appreciation in the Bismarck, North Dakota MSA. This means the conditions in the MSA for real estate investment were worse by + 14.27%.

Bismarck-ND

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2002 2 132.34 + 2.11% + 8.46%
2002 3 134.86 + 1.90% + 7.62%
2002 4 136.73 + 1.39% + 5.55%
2003 1 137.12 + 0.29% + 1.14%
2003 2 138.81 + 1.23% + 4.93%
2003 3 140.75 + 1.40% + 5.59%
2003 4 141.31 + 0.40% + 1.59%


There are a lot of ways to use the appreciation data for Bismarck, North Dakota .

Lets look at Regan, 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 Regan, North Dakota 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 $105,000.00 in 2002, you could multiply by + 9.04%, add the gain and see the home should be worth $114,487.27 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bismarck-ND from 2002 to 2003:
+ 4.52%

Appreciation Comparisons

The worst 5 MSAs from 2002 to 2003 were Ogden-Clearfield-UT, Lafayette-IN, Fayetteville-NC, Logan-UT-ID, and Provo-Orem-UT .

  1. Ogden-Clearfield-UT only increased + 1.57% between 2002 and 2003
  2. Lafayette-IN only increased + 2.02% between 2002 and 2003
  3. Fayetteville-NC only increased + 2.05% between 2002 and 2003
  4. Logan-UT-ID only increased + 2.05% between 2002 and 2003
  5. Provo-Orem-UT only increased + 2.06% between 2002 and 2003

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