Real Estate Appreciation for Bloomington Normal, Illinios: + 10.70%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Bloomington Normal, Illinios did compared to the state as a whole.
The Bloomington Normal, Illinios MSA property value change was + 10.70% (+ 3.57% yearly).
All of the property in IL averaged + 10.29% change in value (+ 3.43% yearly).
Bloomington-Normal-IL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 102 | + 2.00% | + 8.00% |
| 1995 | 3 | 103.65 | + 1.62% | + 6.47% |
| 1995 | 4 | 103.39 | - 0.25% | - 1.00% |
| 1996 | 1 | 104.33 | + 0.91% | + 3.64% |
| 1996 | 2 | 105.76 | + 1.37% | + 5.48% |
| 1996 | 3 | 106.87 | + 1.05% | + 4.20% |
| 1996 | 4 | 107.69 | + 0.77% | + 3.07% |
| 1997 | 1 | 106.92 | - 0.72% | - 2.86% |
| 1997 | 2 | 108.23 | + 1.23% | + 4.90% |
| 1997 | 3 | 109.18 | + 0.88% | + 3.51% |
| 1997 | 4 | 110.7 | + 1.39% | + 5.57% |
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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 $92,000.00 in 1995, you could multiply by + 10.70%, add the gain and see the home should be worth $101,844.00 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-Normal-IL from 1995 to 1997:
+ 3.57%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 1995 to 1997 were Bay-City-MI, Ogden-Clearfield-UT, Salt-Lake-City-UT, Battle-Creek-MI, and Portland-Vancouver-Beaverton-OR-WA .
- Bay-City-MI increased + 25.65% from 1995 to the end of 1997
- Ogden-Clearfield-UT increased + 25.40% from 1995 to the end of 1997
- Salt-Lake-City-UT increased + 24.43% from 1995 to the end of 1997
- Battle-Creek-MI increased + 24.38% from 1995 to the end of 1997
- Portland-Vancouver-Beaverton-OR-WA increased + 23.69% from 1995 to the end of 1997
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