Appreciation for MSAs:.

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

If we analyze Bloomington Normal, Illinios MSA appreciation it was + 42.34% (+ 4.23% yearly) from 1994 to 2003.

During the same time period, IL had + 56.69% (+ 5.67% yearly). From 1994 to 2003, Illinios outperformed the individual Bloomington Normal, Illinios MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Bloomington-Normal-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
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 $97,000.00 in 1994, you could multiply by + 42.34%, add the gain and see the home should be worth $138,069.18 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bloomington-Normal-IL from 1994 to 2003:
+ 4.23%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 2003 were Barnstable-Town-MA, Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .

  1. Barnstable-Town-MA increased +146.29% from 1994 to the end of 2003
  2. Salinas-CA increased +119.32% from 1994 to the end of 2003
  3. San-Diego-Carlsbad-San-Marcos-CA increased +119.20% from 1994 to the end of 2003
  4. Napa-CA increased +117.57% from 1994 to the end of 2003
  5. San-Jose-Sunnyvale-Santa-Clara-CA increased +116.73% from 1994 to the end of 2003

In contrast, the worst 5 MSAs from 1994 to 2003 were Honolulu-HI, Binghamton-NY, Elmira-NY, Rochester-NY, and Buffalo-Niagara-Falls-NY .

  1. Honolulu-HI only increased + 13.60% between 1994 and 2003
  2. Binghamton-NY only increased + 15.15% between 1994 and 2003
  3. Elmira-NY only increased + 18.18% between 1994 and 2003
  4. Rochester-NY only increased + 18.55% between 1994 and 2003
  5. Buffalo-Niagara-Falls-NY only increased + 19.11% between 1994 and 2003

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