Real Estate Appreciation for Bloomington, Indiana: + 22.36%
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 + 22.36% (+ 3.73% yearly).
All of the property in IN averaged + 26.34% change in value (+ 4.39% yearly).
Bloomington-IN
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Bloomington-IN here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Indiana, you can do some research at 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 $95,000.00 in 1995, you could multiply by + 22.36%, add the gain and see the home should be worth $116,242.00 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-IN from 1995 to 2000:
+ 3.73%
Appreciation Comparisons
The worst 5 MSAs from 1995 to 2000 were Honolulu-HI, Utica-Rome-NY, El-Paso-TX, Buffalo-Niagara-Falls-NY, and Visalia-Porterville-CA .
- Honolulu-HI decreased by - 11.52% between 1995 and 2000
- Utica-Rome-NY only increased + 6.07% between 1995 and 2000
- El-Paso-TX only increased + 6.73% between 1995 and 2000
- Buffalo-Niagara-Falls-NY only increased + 6.78% between 1995 and 2000
- Visalia-Porterville-CA only increased + 7.37% between 1995 and 2000
For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Merced-CA increased +172.57% from 2000 thru 2005
- Modesto-CA increased +166.23% from 2000 thru 2005
- Worcester-MA increased +164.50% from 1982 thru 1987
- Yuba-City-CA increased +164.17% from 2000 thru 2005
- San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981
The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .
- Lafayette-LA lost - 42.13% from 1983 to 1988
- Lafayette-LA lost - 37.78% from 1982 thru 1987
- Casper-WY lost - 37.50% from 1983 thru 1988
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
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