Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Bloomington, Indiana MSA appreciation it was + 9.33% (+ 4.66% yearly) from 1994 to 1995.

During the same time period, IN had + 8.85% (+ 4.42% yearly). You can see that the Bloomington, Indiana MSA experienced higher appreciation in this case.

Bloomington-IN

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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 $89,000.00 in 1994, you could multiply by + 9.33%, add the gain and see the home should be worth $97,301.04 in 1995. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bloomington-IN from 1994 to 1995:
+ 4.66%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1994 to 1995 were Utica-Rome-NY, Binghamton-NY, Riverside-San-Bernardino-Ontario-CA, Kingston-NY, and Ithaca-NY .

  1. Utica-Rome-NY decreased by - 9.64% between 1994 and 1995
  2. Binghamton-NY decreased by - 8.46% between 1994 and 1995
  3. Riverside-San-Bernardino-Ontario-CA decreased by - 8.30% between 1994 and 1995
  4. Kingston-NY decreased by - 7.85% between 1994 and 1995
  5. Ithaca-NY decreased by - 7.18% between 1994 and 1995

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: 47401 - BLOOMINGTON, IN

MSA Pop: 178974
Zip Pop: 34735
Avg Value: 135800
County: MONROE
Elev: 752
Region: Midwest
Lat: 39.09688
Long: -86.4584