Real Estate Appreciation for Bloomington Normal, Illinios: + 7.17%
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 + 7.17% (+ 3.59% yearly).
All of the property in IL averaged + 12.14% change in value (+ 6.07% yearly).
Bloomington-Normal-IL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2005 | 2 | 141.88 | + 2.28% | + 9.11% |
| 2005 | 3 | 141.94 | + 0.04% | + 0.17% |
| 2005 | 4 | 142.65 | + 0.50% | + 2.00% |
| 2006 | 1 | 144.49 | + 1.29% | + 5.16% |
| 2006 | 2 | 146.08 | + 1.10% | + 4.40% |
| 2006 | 3 | 146.95 | + 0.60% | + 2.38% |
| 2006 | 4 | 148.67 | + 1.17% | + 4.68% |
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 $111,000.00 in 2005, you could multiply by + 7.17%, add the gain and see the home should be worth $118,961.72 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-Normal-IL from 2005 to 2006:
+ 3.59%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
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