Real Estate Appreciation for Bloomington Normal, Illinios: + 48.67%
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 + 48.67% (+ 4.06% yearly).
All of the property in IL averaged + 88.82% change in value (+ 7.40% yearly).
Bloomington-Normal-IL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 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 $101,000.00 in 1995, you could multiply by + 48.67%, add the gain and see the home should be worth $150,156.70 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-Normal-IL from 1995 to 2006:
+ 4.06%
Appreciation Comparisons
The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 29.95% from 1982 to 1993
- Midland-TX lost - 27.35% from 1983 thru 1994
- Midland-TX lost - 18.42% from 1984 thru 1995
- Odessa-TX lost - 17.39% from 1984 thru 1995
- Lafayette-LA lost - 14.77% from 1982 thru 1993
The top 5 performing MSAs from 1995 to 2006 were Salinas-CA, Riverside-San-Bernardino-Ontario-CA, Ocean-City-NJ, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, and Oxnard-Thousand-Oaks-Ventura-CA .
- Salinas-CA increased +252.85% from 1995 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +235.41% from 1995 to the end of 2006
- Ocean-City-NJ increased +233.38% from 1995 to the end of 2006
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +229.46% from 1995 to the end of 2006
- Oxnard-Thousand-Oaks-Ventura-CA increased +221.92% from 1995 to the end of 2006
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