Real Estate Appreciation for Bloomington Normal, Illinios: + 27.59%
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 Normal, Illinios MSA appreciated + 27.59% (+ 5.52% yearly) between 1993 and the end of 1997.
The state of IL had + 18.84% total appreciation (+ 3.77% yearly).
The Bloomington Normal, Illinios MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 46.44% faster than the state as a whole.
Bloomington-Normal-IL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1994-1997 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 $90,000.00 in 1993, you could multiply by + 27.59%, add the gain and see the home should be worth $114,834.02 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-Normal-IL from 1993 to 1997:
+ 5.52%
Appreciation Comparisons
For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
- Worcester-MA increased +138.82% from 1982 thru 1986
- Fresno-CA increased +137.23% from 2001 thru 2005
- Madera-CA increased +136.99% from 2001 thru 2005
- Yuba-City-CA increased +136.08% from 2001 thru 2005
Zip Code in MSA: 61701 - BLOOMINGTON, IL
MSA Pop: 156879Zip Pop: 37240
Avg Value: 87400
County: MCLEAN
Elev: 829
Region: Midwest
Lat: 40.47558
Long: -89.00472