Real Estate Appreciation for Champaign Urbana, Illinios: + 58.67%
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 + 58.67% (+ 4.89% yearly) for the Champaign Urbana, Illinios MSA.
The entire state of IL had + 69.04% appreciation (+ 5.75% 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 + 17.69%.
Champaign-Urbana-IL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
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 Roberts, 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 Roberts, Illinios check out Spec-Loan.com
If you were going to do a Roberts, Illinios Refinance, or Roberts, Illinios Reverse Mortgages, you could estimate your home value.
If you knew your Roberts, Illinios home was worth $95,000.00 in 1992, you could multiply by + 58.67%, add the gain and see the home should be worth $150,734.01 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 1992 to 2003:
+ 4.89%
Appreciation Comparisons
The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 29.95% from 1982 to 1993
- Midland-TX lost - 27.35% from 1983 thru 1994
- Midland-TX lost - 18.42% from 1984 thru 1995
- Odessa-TX lost - 17.39% from 1984 thru 1995
- Lafayette-LA lost - 14.77% from 1982 thru 1993
The top 5 performing MSAs from 1992 to 2003 were Boulder-CO, Barnstable-Town-MA, Denver-Aurora-CO, Fort-Collins-Loveland-CO, and Missoula-MT .
- Boulder-CO increased +151.44% from 1992 to the end of 2003
- Barnstable-Town-MA increased +140.79% from 1992 to the end of 2003
- Denver-Aurora-CO increased +139.63% from 1992 to the end of 2003
- Fort-Collins-Loveland-CO increased +136.43% from 1992 to the end of 2003
- Missoula-MT increased +131.03% from 1992 to the end of 2003
Zip Code in MSA: 60962 - ROBERTS, IL
MSA Pop: 217320Zip Pop: 589
Avg Value: 67700
County: FORD
Elev: 790
Region: Midwest
Lat: 40.614397
Long: -88.183287