Real Estate Appreciation for Bloomington, Indiana: + 15.94%
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 + 15.94% (+ 3.99% yearly) from 1994 to 1997.
During the same time period, IN had + 18.88% (+ 4.72% yearly).
From 1994 to 1997, Indiana outperformed the individual Bloomington, Indiana MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Bloomington-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1996 | 1 | 106.4 | + 0.30% | + 1.21% |
| 1996 | 2 | 107.99 | + 1.49% | + 5.98% |
| 1996 | 3 | 108.16 | + 0.16% | + 0.63% |
| 1996 | 4 | 107.58 | - 0.54% | - 2.14% |
| 1997 | 1 | 109.99 | + 2.24% | + 8.96% |
| 1997 | 2 | 111.64 | + 1.50% | + 6.00% |
| 1997 | 3 | 111.99 | + 0.31% | + 1.25% |
| 1997 | 4 | 112.5 | + 0.46% | + 1.82% |
There are a lot of ways to use the appreciation data for Bloomington, Indiana .
Lets look at Bloomington, Indiana, a city located in Bloomington, Indiana 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 Bloomington, Indiana check out 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 $91,000.00 in 1994, you could multiply by + 15.94%, add the gain and see the home should be worth $105,508.61 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-IN from 1994 to 1997:
+ 3.99%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
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