Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Champaign Urbana, Illinios MSA appreciated + 6.99% (+ 3.50% yearly) between 1993 and the end of 1994.

The state of IL had + 6.90% total appreciation (+ 3.45% yearly). The Champaign Urbana, Illinios MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 1.39% faster than the state as a whole.

Champaign-Urbana-IL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1993 2 96.82 + 1.50% + 6.00%
1993 3 97.64 + 0.85% + 3.39%
1993 4 98.26 + 0.63% + 2.54%
1994 1 99.03 + 0.78% + 3.13%
1994 2 101.04 + 2.03% + 8.12%
1994 3 103.19 + 2.13% + 8.51%
1994 4 102.06 - 1.10% - 4.38%


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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

If you knew your Cabery, Illinios home was worth $87,000.00 in 1993, you could multiply by + 6.99%, add the gain and see the home should be worth $93,083.34 in 1994. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 1993 to 1994:
+ 3.50%

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. Lafayette-LA lost - 25.36% from 1986 thru 1987
  2. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 60919 - CABERY, IL

MSA Pop: 217320
Zip Pop: 525
Avg Value: 78900
County: FORD
Elev: 790
Region: Midwest
Lat: 40.947948
Long: -88.15315