Appreciation for MSAs:.

Let's start by comparing Bloomington Normal, Illinios to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 5.70% (+ 2.85% yearly) for the Bloomington Normal, Illinios MSA.

The entire state of IL had + 11.09% appreciation (+ 5.54% yearly). The state average for Illinios was higher than the real estate appreciation in the Bloomington Normal, Illinios MSA. This means the conditions in the MSA for real estate investment were worse by + 94.49%.

Bloomington-Normal-IL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2002 2 126.86 + 0.72% + 2.89%
2002 3 127.92 + 0.84% + 3.34%
2002 4 128.96 + 0.81% + 3.25%
2003 1 129.22 + 0.20% + 0.81%
2003 2 129.92 + 0.54% + 2.17%
2003 3 131.07 + 0.89% + 3.54%
2003 4 133.13 + 1.57% + 6.29%


If you need information on Hard Money Rehab Loans in Bloomington, Illinios look at 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 $105,000.00 in 2002, you could multiply by + 5.70%, add the gain and see the home should be worth $110,985.71 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bloomington-Normal-IL from 2002 to 2003:
+ 2.85%

Appreciation Comparisons

The top 5 performing MSAs from 2002 to 2003 were Fresno-CA, Yuba-City-CA, Chico-CA, Madera-CA, and Redding-CA .

  1. Fresno-CA increased + 36.89% from 2002 to the end of 2003
  2. Yuba-City-CA increased + 35.43% from 2002 to the end of 2003
  3. Chico-CA increased + 35.05% from 2002 to the end of 2003
  4. Madera-CA increased + 34.32% from 2002 to the end of 2003
  5. Redding-CA increased + 34.01% from 2002 to the end of 2003

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