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 + 13.37% (+ 3.34% yearly).

All of the property in IL averaged + 18.03% change in value (+ 4.51% yearly).

Bloomington-Normal-IL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
1999 1 115.34 + 1.43% + 5.73%
1999 2 116.2 + 0.75% + 2.98%
1999 3 116.55 + 0.30% + 1.20%
1999 4 117.06 + 0.44% + 1.75%
2000 1 117.64 + 0.50% + 1.98%
2000 2 119.34 + 1.45% + 5.78%
2000 3 120.04 + 0.59% + 2.35%
2000 4 121.22 + 0.98% + 3.93%


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 1997, you could multiply by + 13.37%, add the gain and see the home should be worth $109,973.25 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bloomington-Normal-IL from 1997 to 2000:
+ 3.34%

Appreciation Comparisons

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

The top 5 performing MSAs from 1997 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 82.37% from 1997 to the end of 2000
  2. Santa-Cruz-Watsonville-CA increased + 74.02% from 1997 to the end of 2000
  3. Santa-Rosa-Petaluma-CA increased + 61.76% from 1997 to the end of 2000
  4. Salinas-CA increased + 59.12% from 1997 to the end of 2000
  5. Napa-CA increased + 54.99% from 1997 to the end of 2000

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