Real Estate Appreciation for Bloomington, Indiana: + 2.80%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Bloomington, Indiana MSA appreciated + 2.80% (+ 1.40% yearly) for the period between 1999 and the end of 2000.
The state had + 5.45% total appreciation (+ 2.72% yearly).
The state average for Indiana was higher than the real estate appreciation in the Bloomington, Indiana MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 94.74% faster than this MSA.
Bloomington-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 117.96 | - 0.90% | - 3.60% |
| 1999 | 3 | 119.52 | + 1.32% | + 5.29% |
| 1999 | 4 | 117.75 | - 1.48% | - 5.92% |
| 2000 | 1 | 119.65 | + 1.61% | + 6.45% |
| 2000 | 2 | 121.16 | + 1.26% | + 5.05% |
| 2000 | 3 | 121.92 | + 0.63% | + 2.51% |
| 2000 | 4 | 122.36 | + 0.36% | + 1.44% |
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 $99,000.00 in 1999, you could multiply by + 2.80%, add the gain and see the home should be worth $101,769.64 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-IN from 1999 to 2000:
+ 1.40%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 44.43% from 1999 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 41.93% from 1999 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 41.14% from 1999 to the end of 2000
- Salinas-CA increased + 39.42% from 1999 to the end of 2000
- Napa-CA increased + 33.84% from 1999 to the end of 2000
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