Real Estate Appreciation for Bloomington, Indiana: + 13.91%
Appreciation for MSAs:.
Let's start by comparing Bloomington, Indiana to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 13.91% (+ 4.64% yearly) for the Bloomington, Indiana MSA.
The entire state of IN had + 8.70% appreciation (+ 2.90% yearly).
The Bloomington, Indiana MSA beat out the state. by + 59.83% appreciation.
Bloomington-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2004 | 1 | 139.35 | + 0.07% | + 0.29% |
| 2004 | 2 | 144.82 | + 3.93% | + 15.70% |
| 2004 | 3 | 144.63 | - 0.13% | - 0.52% |
| 2004 | 4 | 146.73 | + 1.45% | + 5.81% |
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 $106,000.00 in 2002, you could multiply by + 13.91%, add the gain and see the home should be worth $120,746.68 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-IN from 2002 to 2004:
+ 4.64%
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 .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
Zip Code in MSA: 47401 - BLOOMINGTON, IN
MSA Pop: 178974Zip Pop: 34735
Avg Value: 135800
County: MONROE
Elev: 752
Region: Midwest
Lat: 39.09688
Long: -86.4584