Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Bloomington, Indiana MSA appreciation it was + 8.90% (+ 4.45% yearly) from 2004 to 2005.

During the same time period, IN had + 7.86% (+ 3.93% yearly). You can see that the Bloomington, Indiana MSA experienced higher appreciation in this case.

Bloomington-IN

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Bloomington-IN here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Indiana, you can do some research at 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 $109,000.00 in 2004, you could multiply by + 8.90%, add the gain and see the home should be worth $118,699.32 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bloomington-IN from 2004 to 2005:
+ 4.45%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2004 to 2005 were Burlington-NC, Jonesboro-AR, Lafayette-IN, Rocky-Mount-NC, and Youngstown-Warren-Boardman-OH-PA .

  1. Burlington-NC only increased + 0.60% between 2004 and 2005
  2. Jonesboro-AR only increased + 2.06% between 2004 and 2005
  3. Lafayette-IN only increased + 2.12% between 2004 and 2005
  4. Rocky-Mount-NC only increased + 2.82% between 2004 and 2005
  5. Youngstown-Warren-Boardman-OH-PA only increased + 3.78% between 2004 and 2005

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

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