Real Estate Appreciation for Bloomington, Indiana: + 7.48%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Bloomington, Indiana MSA appreciated + 7.48% (+ 3.74% yearly) between 1993 and the end of 1994.
The state of IN had + 7.19% total appreciation (+ 3.59% yearly).
The Bloomington, Indiana MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 4.10% faster than the state as a whole.
Bloomington-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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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 1993, you could multiply by + 7.48%, add the gain and see the home should be worth $93,509.23 in 1994. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-IN from 1993 to 1994:
+ 3.74%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1994 were Salt-Lake-City-UT, Fort-Collins-Loveland-CO, Provo-Orem-UT, Ogden-Clearfield-UT, and Greeley-CO .
- Salt-Lake-City-UT increased + 30.47% from 1993 to the end of 1994
- Fort-Collins-Loveland-CO increased + 28.45% from 1993 to the end of 1994
- Provo-Orem-UT increased + 28.10% from 1993 to the end of 1994
- Ogden-Clearfield-UT increased + 25.98% from 1993 to the end of 1994
- Greeley-CO increased + 25.00% from 1993 to the end of 1994
In contrast, the worst 5 MSAs from 1993 to 1994 were Riverside-San-Bernardino-Ontario-CA, Kingston-NY, Binghamton-NY, Utica-Rome-NY, and Sacramento-Arden-Arcade-Roseville-CA .
- Riverside-San-Bernardino-Ontario-CA decreased by - 13.55% between 1993 and 1994
- Kingston-NY decreased by - 12.24% between 1993 and 1994
- Binghamton-NY decreased by - 10.95% between 1993 and 1994
- Utica-Rome-NY decreased by - 8.71% between 1993 and 1994
- Sacramento-Arden-Arcade-Roseville-CA decreased by - 8.42% between 1993 and 1994
Zip Code in MSA: 47401 - BLOOMINGTON, IN
MSA Pop: 178974Zip Pop: 34735
Avg Value: 135800
County: MONROE
Elev: 752
Region: Midwest
Lat: 39.09688
Long: -86.4584