Real Estate Appreciation for Champaign Urbana, Illinios: + 50.29%
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 + 50.29% (+ 5.03% yearly) from 1994 to 2003.
During the same time period, IL had + 56.69% (+ 5.67% yearly).
From 1994 to 2003, 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 OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Champaign Urbana, Illinios .
Lets look at Paxton, 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 Paxton, Illinios check out Spec-Loan.com
If you were going to do a Paxton, Illinios Refinance, or Paxton, Illinios Reverse Mortgages, you could estimate your home value.
If you knew your Paxton, Illinios home was worth $97,000.00 in 1994, you could multiply by + 50.29%, add the gain and see the home should be worth $145,779.16 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 1994 to 2003:
+ 5.03%
Appreciation Comparisons
For a 10 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Riverside-San-Bernardino-Ontario-CA .
- Bridgeport-Stamford-Norwalk-CT increased +262.04% from 1977 thru 1986
- New-Haven-Milford-CT increased +251.93% from 1978 thru 1987
- Salinas-CA increased +251.06% from 1996 thru 2005
- Salinas-CA increased +247.53% from 1997 thru 2006
- Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 thru 2006
The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .
- Midland-TX lost - 34.73% from 1982 to 1991
- Midland-TX lost - 31.11% from 1983 thru 1992
- Lafayette-LA lost - 22.75% from 1982 thru 1991
- Midland-TX lost - 22.05% from 1984 thru 1993
- Lafayette-LA lost - 21.25% from 1983 thru 1992
Zip Code in MSA: 60957 - PAXTON, IL
MSA Pop: 217320Zip Pop: 5680
Avg Value: 72200
County: FORD
Elev: 790
Region: Midwest
Lat: 40.459629
Long: -88.09487