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 + 27.49% (+ 3.93% yearly) for the period between 1999 and the end of 2005.

The state had + 26.65% total appreciation (+ 3.81% yearly). The Bloomington, Indiana MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Bloomington-IN

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 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 $104,000.00 in 1999, you could multiply by + 27.49%, add the gain and see the home should be worth $132,588.42 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bloomington-IN from 1999 to 2005:
+ 3.93%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1999 to 2005 were Lafayette-IN, Ogden-Clearfield-UT, Burlington-NC, Columbus-IN, and Springfield-IL .

  1. Lafayette-IN only increased + 14.47% between 1999 and 2005
  2. Ogden-Clearfield-UT only increased + 17.01% between 1999 and 2005
  3. Burlington-NC only increased + 17.19% between 1999 and 2005
  4. Columbus-IN only increased + 18.62% between 1999 and 2005
  5. Springfield-IL only increased + 18.92% between 1999 and 2005

The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .

  1. Lafayette-LA lost - 40.40% from 1982 to 1988
  2. Casper-WY lost - 35.78% from 1983 thru 1989
  3. Midland-TX lost - 32.81% from 1983 thru 1989
  4. Lafayette-LA lost - 32.70% from 1983 thru 1989
  5. Midland-TX lost - 31.48% from 1982 thru 1988

Zip Code in MSA: 47403 - BLOOMINGTON, IN

MSA Pop: 178974
Zip Pop: 25272
Avg Value: 89900
County: MONROE
Elev: 752
Region: Midwest
Lat: 39.114588
Long: -86.587648