Real Estate Appreciation for Bloomington, Indiana: + 7.58%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Bloomington, Indiana did compared to the state as a whole.
The Bloomington, Indiana MSA property value change was + 7.58% (+ 3.79% yearly).
All of the property in IN averaged + 9.13% change in value (+ 4.57% yearly).
Bloomington-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
Lets look at Bloomington, Indiana, a city located in Bloomington, Indiana MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 1995, you could multiply by + 7.58%, add the gain and see the home should be worth $97,897.80 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-IN from 1995 to 1996:
+ 3.79%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 1996 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Pittsfield-MA, Danville-IL, and Bay-City-MI .
- Salt-Lake-City-UT increased + 17.55% from 1995 to the end of 1996
- Ogden-Clearfield-UT increased + 17.36% from 1995 to the end of 1996
- Pittsfield-MA increased + 17.05% from 1995 to the end of 1996
- Danville-IL increased + 16.75% from 1995 to the end of 1996
- Bay-City-MI increased + 16.66% from 1995 to the end of 1996
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