Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Bloomington, Indiana MSA appreciation it was + 10.44% (+ 3.48% yearly) from 2000 to 2002.

During the same time period, IN had + 10.88% (+ 3.63% yearly). From 2000 to 2002, Indiana outperformed the individual Bloomington, Indiana MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Bloomington-IN

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Bloomington, Indiana click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Bloomington, Indiana.

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 $102,000.00 in 2000, you could multiply by + 10.44%, add the gain and see the home should be worth $112,647.56 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bloomington-IN from 2000 to 2002:
+ 3.48%

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