Appreciation for MSAs:.

Let's start by comparing Bloomington Normal, Illinios 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 + 55.00% (+ 5.00% yearly) for the Bloomington Normal, Illinios MSA.

The entire state of IL had + 58.55% appreciation (+ 5.32% yearly). The state average for Illinios was higher than the real estate appreciation in the Bloomington Normal, Illinios MSA. This means the conditions in the MSA for real estate investment were worse by + 6.45%.

Bloomington-Normal-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation


Lets look at Bloomington, Illinios, a city located in Bloomington Normal, Illinios 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, Illinios Refinance, or Bloomington, Illinios Reverse Mortgages, you could estimate your home value.

If you knew your Bloomington, Illinios home was worth $94,000.00 in 1992, you could multiply by + 55.00%, add the gain and see the home should be worth $145,700.00 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bloomington-Normal-IL from 1992 to 2002:
+ 5.00%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1992 to 2002 were Honolulu-HI, Binghamton-NY, Utica-Rome-NY, Syracuse-NY, and Albany-Schenectady-Troy-NY .

  1. Honolulu-HI only increased + 2.20% between 1992 and 2002
  2. Binghamton-NY only increased + 8.44% between 1992 and 2002
  3. Utica-Rome-NY only increased + 11.97% between 1992 and 2002
  4. Syracuse-NY only increased + 14.42% between 1992 and 2002
  5. Albany-Schenectady-Troy-NY only increased + 15.15% between 1992 and 2002

The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .

  1. Midland-TX lost - 33.11% from 1982 to 1992
  2. Midland-TX lost - 27.85% from 1983 thru 1993
  3. Midland-TX lost - 21.51% from 1984 thru 1994
  4. Odessa-TX lost - 21.17% from 1984 thru 1994
  5. Lafayette-LA lost - 18.88% from 1982 thru 1992

Zip Code in MSA: 61701 - BLOOMINGTON, IL

MSA Pop: 156879
Zip Pop: 37240
Avg Value: 87400
County: MCLEAN
Elev: 829
Region: Midwest
Lat: 40.47558
Long: -89.00472