Real Estate Appreciation for Bloomington, Indiana: + 10.08%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Bloomington, Indiana MSA appreciated + 10.08% (+ 5.04% yearly) between 2003 and the end of 2004.
The state of IN had + 5.83% total appreciation (+ 2.91% yearly).
The Bloomington, Indiana MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 72.96% faster than the state as a whole.
Bloomington-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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 $107,000.00 in 2003, you could multiply by + 10.08%, add the gain and see the home should be worth $117,789.11 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-IN from 2003 to 2004:
+ 5.04%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2003 to 2004 were Brownsville-Harlingen-TX, Jackson-TN, Austin-Round-Rock-TX, Burlington-NC, and Ogden-Clearfield-UT .
- Brownsville-Harlingen-TX only increased + 0.47% between 2003 and 2004
- Jackson-TN only increased + 1.89% between 2003 and 2004
- Austin-Round-Rock-TX only increased + 2.07% between 2003 and 2004
- Burlington-NC only increased + 2.09% between 2003 and 2004
- Ogden-Clearfield-UT only increased + 2.83% between 2003 and 2004
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
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