Real Estate Appreciation for Bloomington, Indiana: + 22.45%
Appreciation for MSAs:.
Let's start by comparing Bloomington, Indiana 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 + 22.45% (+ 5.61% yearly) for the Bloomington, Indiana MSA.
The entire state of IN had + 17.76% appreciation (+ 4.44% yearly).
The Bloomington, Indiana MSA beat out the state. by + 26.39% appreciation.
Bloomington-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1992 | 2 | 87.18 | + 0.63% | + 2.54% |
| 1992 | 3 | 89.13 | + 2.24% | + 8.95% |
| 1992 | 4 | 88.8 | - 0.37% | - 1.48% |
| 1993 | 1 | 91.02 | + 2.50% | + 10.00% |
| 1993 | 2 | 92.3 | + 1.41% | + 5.63% |
| 1993 | 3 | 92.9 | + 0.65% | + 2.60% |
| 1993 | 4 | 94.11 | + 1.30% | + 5.21% |
| 1994 | 1 | 97.03 | + 3.10% | + 12.41% |
| 1994 | 2 | 97.97 | + 0.97% | + 3.88% |
| 1994 | 3 | 100.16 | + 2.24% | + 8.94% |
| 1994 | 4 | 97.83 | - 2.33% | - 9.31% |
| 1995 | 1 | 100 | + 2.22% | + 8.87% |
| 1995 | 2 | 102.88 | + 2.88% | + 11.52% |
| 1995 | 3 | 103.63 | + 0.73% | + 2.92% |
| 1995 | 4 | 106.08 | + 2.36% | + 9.46% |
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 Bloomington-IN here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Indiana, you can do some research at Spec-Loan.com.
If you were going to do a Bloomington, Indiana Refinance, or Bloomington, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Bloomington, Indiana home was worth $87,000.00 in 1992, you could multiply by + 22.45%, add the gain and see the home should be worth $106,533.07 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-IN from 1992 to 1995:
+ 5.61%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1992 to 1995 were Riverside-San-Bernardino-Ontario-CA, Kingston-NY, Binghamton-NY, Sacramento-Arden-Arcade-Roseville-CA, and San-Luis-Obispo-Paso-Robles-CA .
- Riverside-San-Bernardino-Ontario-CA decreased by - 16.09% between 1992 and 1995
- Kingston-NY decreased by - 12.31% between 1992 and 1995
- Binghamton-NY decreased by - 11.63% between 1992 and 1995
- Sacramento-Arden-Arcade-Roseville-CA decreased by - 11.36% between 1992 and 1995
- San-Luis-Obispo-Paso-Robles-CA decreased by - 10.33% between 1992 and 1995
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 47402 - BLOOMINGTON, IN
MSA Pop: 178974Zip Pop: 0
Avg Value: 0
County: MONROE
Elev: 752
Region: Midwest
Lat: 39.09537
Long: -86.47025