Real Estate Appreciation for Bloomington, Indiana: + 9.96%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Bloomington, Indiana: + 9.96%
- State of IN: + 11.98%
- Difference: - 16.85%
Bloomington-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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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 1996, you could multiply by + 9.96%, add the gain and see the home should be worth $103,364.66 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-IN from 1996 to 1998:
+ 3.32%
Appreciation Comparisons
The top 5 performing MSAs from 1996 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Jackson-MI, Bay-City-MI, and Monroe-MI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 34.16% from 1996 to the end of 1998
- Santa-Cruz-Watsonville-CA increased + 22.04% from 1996 to the end of 1998
- Jackson-MI increased + 21.73% from 1996 to the end of 1998
- Bay-City-MI increased + 20.64% from 1996 to the end of 1998
- Monroe-MI increased + 20.48% from 1996 to the end of 1998
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
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