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 + 85.06% (+ 6.08% yearly) between 1993 and the end of 2006.

The state of IL had +103.46% total appreciation (+ 7.39% 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 + 21.63% faster than this MSA.

Champaign-Urbana-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Champaign-Urbana-IL here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Illinios, you can do some research at Spec-Loan.com.

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

If you knew your Urbana, Illinios home was worth $99,000.00 in 1993, you could multiply by + 85.06%, add the gain and see the home should be worth $183,210.71 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 1993 to 2006:
+ 6.08%

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. Midland-TX lost - 13.75% from 1984 thru 1997
  2. Midland-TX lost - 6.03% from 1986 thru 1999

Zip Code in MSA: 61801 - URBANA, IL

MSA Pop: 217320
Zip Pop: 29369
Avg Value: 93000
County: CHAMPAIGN
Elev: 725
Region: Midwest
Lat: 40.111024
Long: -88.197063