Real Estate Appreciation for Bloomington Normal, Illinios: + 78.69%
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 + 78.69% (+ 5.25% yearly) for the Bloomington Normal, Illinios MSA.
The entire state of IL had +110.33% appreciation (+ 7.36% 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 + 40.20%.
Bloomington-Normal-IL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Bloomington Normal, Illinios include real estate investment .
Lets look at Bloomington, Illinios, a city located in Bloomington Normal, Illinios 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 Illinios 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 $98,000.00 in 1992, you could multiply by + 78.69%, add the gain and see the home should be worth $175,116.11 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-Normal-IL from 1992 to 2006:
+ 5.25%
Appreciation Comparisons
The top 5 performing MSAs from 1992 to 2006 were Bend-OR, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Salinas-CA, Flagstaff-AZ-UT, and Medford-OR .
- Bend-OR increased +248.24% from 1992 to the end of 2006
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +244.55% from 1992 to the end of 2006
- Salinas-CA increased +242.54% from 1992 to the end of 2006
- Flagstaff-AZ-UT increased +240.43% from 1992 to the end of 2006
- Medford-OR increased +232.88% from 1992 to the end of 2006
In contrast, the worst 5 MSAs from 1992 to 2006 were Rochester-NY, Buffalo-Niagara-Falls-NY, Syracuse-NY, Binghamton-NY, and Utica-Rome-NY .
- Rochester-NY only increased + 34.60% between 1992 and 2006
- Buffalo-Niagara-Falls-NY only increased + 44.57% between 1992 and 2006
- Syracuse-NY only increased + 46.93% between 1992 and 2006
- Binghamton-NY only increased + 48.14% between 1992 and 2006
- Utica-Rome-NY only increased + 48.75% between 1992 and 2006
Zip Code in MSA: 61704 - BLOOMINGTON, IL
MSA Pop: 156879Zip Pop: 35851
Avg Value: 145400
County: MCLEAN
Elev: 829
Region: Midwest
Lat: 40.479563
Long: -88.951396