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 + 13.71% (+ 3.43% yearly).

All of the property in IL averaged + 13.62% change in value (+ 3.41% yearly).

Bloomington-Normal-IL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
1998 1 111.17 + 0.42% + 1.70%
1998 2 111.78 + 0.55% + 2.19%
1998 3 113.08 + 1.16% + 4.65%
1998 4 113.71 + 0.56% + 2.23%


There are a lot of ways to use the appreciation data for Bloomington Normal, Illinios .

Lets look at Bloomington, Illinios, a city located in Bloomington Normal, Illinios MSA.

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Bloomington, 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 $93,000.00 in 1995, you could multiply by + 13.71%, add the gain and see the home should be worth $105,750.30 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bloomington-Normal-IL from 1995 to 1998:
+ 3.43%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Casper-WY lost - 34.10% from 1983 thru 1986
  2. Casper-WY lost - 32.07% from 1984 thru 1987

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