Real Estate Appreciation for Bloomington, Indiana: + 17.00%
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 + 17.00% (+ 4.25% yearly).
All of the property in IN averaged + 18.77% change in value (+ 4.69% 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% |
| 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% |
| 1998 | 1 | 114.74 | + 1.99% | + 7.96% |
| 1998 | 2 | 114.95 | + 0.18% | + 0.73% |
| 1998 | 3 | 116.35 | + 1.22% | + 4.87% |
| 1998 | 4 | 117 | + 0.56% | + 2.23% |
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 $93,000.00 in 1995, you could multiply by + 17.00%, add the gain and see the home should be worth $108,810.00 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-IN from 1995 to 1998:
+ 4.25%
Appreciation Comparisons
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
The top 5 performing MSAs from 1995 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Battle-Creek-MI, and Ogden-Clearfield-UT .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 38.22% from 1995 to the end of 1998
- Bay-City-MI increased + 32.31% from 1995 to the end of 1998
- Jackson-MI increased + 31.57% from 1995 to the end of 1998
- Battle-Creek-MI increased + 30.77% from 1995 to the end of 1998
- Ogden-Clearfield-UT increased + 30.59% from 1995 to the end of 1998
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