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 + 11.01% (+ 2.75% yearly) for the period between 1999 and the end of 2002.

The state had + 13.45% total appreciation (+ 3.36% 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 + 22.12% 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%
2002 1 128.81 + 0.62% + 2.47%
2002 2 130.52 + 1.33% + 5.31%
2002 3 131.32 + 0.61% + 2.45%
2002 4 132.14 + 0.62% + 2.50%


Some of the ways peope use our appreciation data for Bloomington, Indiana include real estate investment .

Lets look at Bloomington, Indiana, a city located in Bloomington, Indiana MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $101,000.00 in 1999, you could multiply by + 11.01%, add the gain and see the home should be worth $112,124.17 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bloomington-IN from 1999 to 2002:
+ 2.75%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1999 to 2002 were Ogden-Clearfield-UT, Lewiston-ID-WA, Midland-TX, Coeur-d'Alene-ID, and Lawton-OK .

  1. Ogden-Clearfield-UT only increased + 5.18% between 1999 and 2002
  2. Lewiston-ID-WA only increased + 5.52% between 1999 and 2002
  3. Midland-TX only increased + 6.09% between 1999 and 2002
  4. Coeur-d'Alene-ID only increased + 6.12% between 1999 and 2002
  5. Lawton-OK only increased + 6.71% between 1999 and 2002

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 47402 - BLOOMINGTON, IN

MSA Pop: 178974
Zip Pop: 0
Avg Value: 0
County: MONROE
Elev: 752
Region: Midwest
Lat: 39.09537
Long: -86.47025