Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Champaign Urbana, Illinios MSA appreciation it was + 40.64% (+ 4.52% yearly) from 1994 to 2002.

During the same time period, IL had + 46.96% (+ 5.22% yearly). From 1994 to 2002, Illinios outperformed the individual Champaign Urbana, Illinios MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Champaign-Urbana-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Champaign Urbana, Illinios .

Lets look at Melvin, 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 Melvin, Illinios check out Spec-Loan.com

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

If you knew your Melvin, Illinios home was worth $96,000.00 in 1994, you could multiply by + 40.64%, add the gain and see the home should be worth $135,018.48 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 1994 to 2002:
+ 4.52%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 2002 were Barnstable-Town-MA, San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, and Salinas-CA .

  1. Barnstable-Town-MA increased +116.17% from 1994 to the end of 2002
  2. San-Jose-Sunnyvale-Santa-Clara-CA increased +112.59% from 1994 to the end of 2002
  3. Santa-Cruz-Watsonville-CA increased +104.39% from 1994 to the end of 2002
  4. Denver-Aurora-CO increased + 98.00% from 1994 to the end of 2002
  5. Salinas-CA increased + 93.56% from 1994 to the end of 2002

For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .

  1. Salinas-CA increased +251.65% from 1997 thru 2005
  2. Salinas-CA increased +229.40% from 1998 thru 2006
  3. Springfield-MA increased +229.07% from 1981 thru 1989
  4. Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
  5. San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005

Zip Code in MSA: 60952 - MELVIN, IL

MSA Pop: 217320
Zip Pop: 698
Avg Value: 49300
County: FORD
Elev: 790
Region: Midwest
Lat: 40.573277
Long: -88.248138