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 + 7.55% (+ 2.52% yearly) for the period between 1999 and the end of 2001.

The state had + 10.42% total appreciation (+ 3.47% 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 + 37.99% faster than this MSA.

Bloomington-IN

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2001 1 125.23 + 2.35% + 9.38%
2001 2 126.5 + 1.01% + 4.06%
2001 3 127.06 + 0.44% + 1.77%
2001 4 128.02 + 0.76% + 3.02%


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 $100,000.00 in 1999, you could multiply by + 7.55%, add the gain and see the home should be worth $107,552.72 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bloomington-IN from 1999 to 2001:
+ 2.52%

Appreciation Comparisons

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 .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 47401 - BLOOMINGTON, IN

MSA Pop: 178974
Zip Pop: 34735
Avg Value: 135800
County: MONROE
Elev: 752
Region: Midwest
Lat: 39.09688
Long: -86.4584