Real Estate Appreciation for Champaign Urbana, Illinios: + 24.18%
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 + 24.18% (+ 4.03% yearly) between 1993 and the end of 1998.
The state of IL had + 22.43% total appreciation (+ 3.74% yearly).
The Champaign Urbana, Illinios MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 7.83% faster than the state as a whole.
Champaign-Urbana-IL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1995-1998 Quarterly Detailed Appreciation
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Gibson City, Illinios click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Champaign Urbana, Illinios.
If you were going to do a Gibson City, Illinios Refinance, or Gibson City, Illinios Reverse Mortgages, you could estimate your home value.
If you knew your Gibson City, Illinios home was worth $91,000.00 in 1993, you could multiply by + 24.18%, add the gain and see the home should be worth $113,008.28 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 1993 to 1998:
+ 4.03%
Appreciation Comparisons
The worst 5 MSAs from 1993 to 1998 were Honolulu-HI, Utica-Rome-NY, Binghamton-NY, Glens-Falls-NY, and Riverside-San-Bernardino-Ontario-CA .
- Honolulu-HI decreased by - 13.59% between 1993 and 1998
- Utica-Rome-NY decreased by - 5.95% between 1993 and 1998
- Binghamton-NY decreased by - 5.13% between 1993 and 1998
- Glens-Falls-NY decreased by - 4.89% between 1993 and 1998
- Riverside-San-Bernardino-Ontario-CA decreased by - 4.67% between 1993 and 1998
For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Merced-CA increased +172.57% from 2000 thru 2005
- Modesto-CA increased +166.23% from 2000 thru 2005
- Worcester-MA increased +164.50% from 1982 thru 1987
- Yuba-City-CA increased +164.17% from 2000 thru 2005
- San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981
The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .
- Lafayette-LA lost - 42.13% from 1983 to 1988
- Lafayette-LA lost - 37.78% from 1982 thru 1987
- Casper-WY lost - 37.50% from 1983 thru 1988
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
Zip Code in MSA: 60936 - GIBSON CITY, IL
MSA Pop: 217320Zip Pop: 4218
Avg Value: 76300
County: FORD
Elev: 790
Region: Midwest
Lat: 40.46747
Long: -88.373541