Real Estate Appreciation for Bloomington, Indiana: + 47.19%
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 + 47.19% (+ 4.72% yearly).
All of the property in IN averaged + 40.06% change in value (+ 4.01% yearly).
Bloomington-IN
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
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 $103,000.00 in 1997, you could multiply by + 47.19%, add the gain and see the home should be worth $151,601.69 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-IN from 1997 to 2006:
+ 4.72%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 2006 were Salinas-CA, Riverside-San-Bernardino-Ontario-CA, Merced-CA, Napa-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +247.53% from 1997 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 to the end of 2006
- Merced-CA increased +219.89% from 1997 to the end of 2006
- Napa-CA increased +218.67% from 1997 to the end of 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +216.82% from 1997 to the end of 2006
Zip Code in MSA: 47405 - BLOOMINGTON, IN
MSA Pop: 178974Zip Pop: 0
Avg Value: 0
County: MONROE
Elev: 752
Region: Midwest
Lat: 39.172163
Long: -86.525521