Real Estate Appreciation for Bloomington Normal, Illinios: + 44.33%
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 + 44.33% (+ 4.93% yearly) between 1993 and the end of 2001.
The state of IL had + 44.71% total appreciation (+ 4.97% 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 than the state as a whole. The state appreaciated + 0.86% faster than this MSA.
Bloomington-Normal-IL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 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 1993, you could multiply by + 44.33%, add the gain and see the home should be worth $135,669.43 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-Normal-IL from 1993 to 2001:
+ 4.93%
Appreciation Comparisons
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
The top 5 performing MSAs from 1993 to 2001 were Boulder-CO, Denver-Aurora-CO, Fort-Collins-Loveland-CO, San-Jose-Sunnyvale-Santa-Clara-CA, and Greeley-CO .
- Boulder-CO increased +112.54% from 1993 to the end of 2001
- Denver-Aurora-CO increased +109.23% from 1993 to the end of 2001
- Fort-Collins-Loveland-CO increased +101.64% from 1993 to the end of 2001
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 97.50% from 1993 to the end of 2001
- Greeley-CO increased + 97.25% from 1993 to the end of 2001
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