Real Estate Appreciation for Bloomington, Indiana: + 16.38%
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 + 16.38% (+ 4.10% yearly) from 2000 to 2003.
During the same time period, IN had + 14.15% (+ 3.54% yearly).
You can see that the Bloomington, Indiana MSA experienced higher appreciation in this case.
Bloomington-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2003 | 1 | 133.29 | + 0.87% | + 3.48% |
| 2003 | 2 | 134.82 | + 1.15% | + 4.59% |
| 2003 | 3 | 136.95 | + 1.58% | + 6.32% |
| 2003 | 4 | 139.25 | + 1.68% | + 6.72% |
Lets look at Bloomington, Indiana, a city located in Bloomington, Indiana MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $103,000.00 in 2000, you could multiply by + 16.38%, add the gain and see the home should be worth $119,872.54 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-IN from 2000 to 2003:
+ 4.10%
Appreciation Comparisons
The top 5 performing MSAs from 2000 to 2003 were Yuba-City-CA, Barnstable-Town-MA, Modesto-CA, San-Luis-Obispo-Paso-Robles-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Yuba-City-CA increased + 71.27% from 2000 to the end of 2003
- Barnstable-Town-MA increased + 70.88% from 2000 to the end of 2003
- Modesto-CA increased + 69.30% from 2000 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased + 67.94% from 2000 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased + 67.84% from 2000 to the end of 2003
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 47402 - BLOOMINGTON, IN
MSA Pop: 178974Zip Pop: 0
Avg Value: 0
County: MONROE
Elev: 752
Region: Midwest
Lat: 39.09537
Long: -86.47025