Real Estate Appreciation for Champaign Urbana, Illinios: + 33.63%
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 + 33.63% (+ 4.20% yearly) between 1993 and the end of 2000.
The state of IL had + 36.47% total 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 than the state as a whole. The state appreaciated + 8.44% faster than this MSA.
Champaign-Urbana-IL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Champaign Urbana, Illinios include real estate investment .
Lets look at Ludlow, Illinios, a city located in Champaign Urbana, Illinios MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Illinios check out Spec-Loan.com
If you were going to do a Ludlow, Illinios Refinance, or Ludlow, Illinios Reverse Mortgages, you could estimate your home value.
If you knew your Ludlow, Illinios home was worth $93,000.00 in 1993, you could multiply by + 33.63%, add the gain and see the home should be worth $124,276.23 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 1993 to 2000:
+ 4.20%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1993 to 2000 were Honolulu-HI, Utica-Rome-NY, Binghamton-NY, Bakersfield-CA, and Albany-Schenectady-Troy-NY .
- Honolulu-HI decreased by - 12.00% between 1993 and 2000
- Utica-Rome-NY decreased by - 0.39% between 1993 and 2000
- Binghamton-NY only increased + 0.04% between 1993 and 2000
- Bakersfield-CA only increased + 0.49% between 1993 and 2000
- Albany-Schenectady-Troy-NY only increased + 0.78% between 1993 and 2000
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
Zip Code in MSA: 60949 - LUDLOW, IL
MSA Pop: 217320Zip Pop: 739
Avg Value: 36900
County: CHAMPAIGN
Elev: 725
Region: Midwest
Lat: 40.386532
Long: -88.126264