Real Estate Appreciation for Bloomington, Indiana: + 2.62%
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: + 2.62%
- State of IN: + 5.37%
- Difference: - 51.19%
Bloomington-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 114.95 | + 0.18% | + 0.73% |
| 1998 | 3 | 116.35 | + 1.22% | + 4.87% |
| 1998 | 4 | 117 | + 0.56% | + 2.23% |
| 1999 | 1 | 119.03 | + 1.74% | + 6.94% |
| 1999 | 2 | 117.96 | - 0.90% | - 3.60% |
| 1999 | 3 | 119.52 | + 1.32% | + 5.29% |
| 1999 | 4 | 117.75 | - 1.48% | - 5.92% |
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 $97,000.00 in 1998, you could multiply by + 2.62%, add the gain and see the home should be worth $99,544.62 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-IN from 1998 to 1999:
+ 1.31%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 1999 were Santa-Cruz-Watsonville-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 28.19% from 1998 to the end of 1999
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.40% from 1998 to the end of 1999
- Barnstable-Town-MA increased + 24.28% from 1998 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 22.92% from 1998 to the end of 1999
- Napa-CA increased + 20.67% from 1998 to the end of 1999
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