Real Estate Appreciation for Bloomington, Indiana: + 13.85%
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 + 13.85% (+ 4.62% yearly) between 2003 and the end of 2005.
The state of IN had + 10.77% total appreciation (+ 3.59% yearly).
The Bloomington, Indiana MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 28.55% 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% |
| 2005 | 1 | 151.6 | + 3.32% | + 13.28% |
| 2005 | 2 | 151.95 | + 0.23% | + 0.92% |
| 2005 | 3 | 154.8 | + 1.88% | + 7.50% |
| 2005 | 4 | 151.75 | - 1.97% | - 7.88% |
There are a lot of ways to use the appreciation data for Bloomington, Indiana .
Lets look at Bloomington, Indiana, a city located in Bloomington, Indiana MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Bloomington, 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 $108,000.00 in 2003, you could multiply by + 13.85%, add the gain and see the home should be worth $122,957.46 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-IN from 2003 to 2005:
+ 4.62%
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