Real Estate Appreciation for Bloomington, Indiana: + 26.11%
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 + 26.11% (+ 3.73% yearly) from 1994 to 2000.
During the same time period, IN had + 31.50% (+ 4.50% yearly).
From 1994 to 2000, 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
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Bloomington, Indiana click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Bloomington, Indiana.
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 $94,000.00 in 1994, you could multiply by + 26.11%, add the gain and see the home should be worth $118,539.01 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-IN from 1994 to 2000:
+ 3.73%
Appreciation Comparisons
For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .
- Salinas-CA increased +208.13% from 1999 thru 2005
- Springfield-MA increased +199.02% from 1981 thru 1987
- Merced-CA increased +193.70% from 1999 thru 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005
Zip Code in MSA: 47403 - BLOOMINGTON, IN
MSA Pop: 178974Zip Pop: 25272
Avg Value: 89900
County: MONROE
Elev: 752
Region: Midwest
Lat: 39.114588
Long: -86.587648