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 + 20.61% (+ 3.44% yearly).

All of the property in IL averaged + 32.65% change in value (+ 5.44% yearly).

Bloomington-Normal-IL

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1999-2002 Quarterly Detailed Appreciation


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

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $99,000.00 in 1997, you could multiply by + 20.61%, add the gain and see the home should be worth $119,407.41 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bloomington-Normal-IL from 1997 to 2002:
+ 3.44%

Appreciation Comparisons

The top 5 performing MSAs from 1997 to 2002 were Barnstable-Town-MA, Santa-Cruz-Watsonville-CA, Napa-CA, San-Luis-Obispo-Paso-Robles-CA, and San-Diego-Carlsbad-San-Marcos-CA .

  1. Barnstable-Town-MA increased +105.37% from 1997 to the end of 2002
  2. Santa-Cruz-Watsonville-CA increased + 99.39% from 1997 to the end of 2002
  3. Napa-CA increased + 99.10% from 1997 to the end of 2002
  4. San-Luis-Obispo-Paso-Robles-CA increased + 95.06% from 1997 to the end of 2002
  5. San-Diego-Carlsbad-San-Marcos-CA increased + 93.97% from 1997 to the end of 2002

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