Appreciation for MSAs:.

Let's start by comparing Champaign Urbana, 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 + 35.90% (+ 3.99% yearly) for the Champaign Urbana, Illinios MSA.

The entire state of IL had + 41.08% appreciation (+ 4.56% yearly). The state average for Illinios was higher than the real estate appreciation in the Champaign Urbana, Illinios MSA. This means the conditions in the MSA for real estate investment were worse by + 14.43%.

Champaign-Urbana-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Champaign Urbana, Illinios .

Lets look at Melvin, Illinios, a city located in Champaign Urbana, Illinios MSA.

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Melvin, Illinios check out Spec-Loan.com

If you were going to do a Melvin, Illinios Refinance, or Melvin, Illinios Reverse Mortgages, you could estimate your home value.

If you knew your Melvin, Illinios home was worth $92,000.00 in 1992, you could multiply by + 35.90%, add the gain and see the home should be worth $125,023.88 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 1992 to 2000:
+ 3.99%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Casper-WY lost - 26.42% from 1983 thru 1991
  2. Midland-TX lost - 25.57% from 1984 thru 1992

Zip Code in MSA: 60952 - MELVIN, IL

MSA Pop: 217320
Zip Pop: 698
Avg Value: 49300
County: FORD
Elev: 790
Region: Midwest
Lat: 40.573277
Long: -88.248138