Real Estate Appreciation for Champaign Urbana, Illinios: + 70.70%
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 + 70.70% (+ 5.89% yearly) from 1994 to 2005.
During the same time period, IL had + 86.79% (+ 7.23% yearly).
From 1994 to 2005, 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
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Champaign Urbana, Illinios include real estate investment .
Lets look at Roberts, 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 Roberts, Illinios Refinance, or Roberts, Illinios Reverse Mortgages, you could estimate your home value.
If you knew your Roberts, Illinios home was worth $99,000.00 in 1994, you could multiply by + 70.70%, add the gain and see the home should be worth $168,988.79 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 1994 to 2005:
+ 5.89%
Appreciation Comparisons
For a 12 year period, the top 5 performing MSAs of all time are Oxnard-Thousand-Oaks-Ventura-CA, Bridgeport-Stamford-Norwalk-CT, San-Jose-Sunnyvale-Santa-Clara-CA, Providence-New-Bedford-Fall-River-RI-MA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Oxnard-Thousand-Oaks-Ventura-CA increased +288.32% from 1977 thru 1988
- Bridgeport-Stamford-Norwalk-CT increased +284.24% from 1977 thru 1988
- San-Jose-Sunnyvale-Santa-Clara-CA increased +270.45% from 1977 thru 1988
- Providence-New-Bedford-Fall-River-RI-MA increased +269.41% from 1977 thru 1988
- San-Jose-Sunnyvale-Santa-Clara-CA increased +267.22% from 1978 thru 1989
The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 29.95% from 1982 to 1993
- Midland-TX lost - 27.35% from 1983 thru 1994
- Midland-TX lost - 18.42% from 1984 thru 1995
- Odessa-TX lost - 17.39% from 1984 thru 1995
- Lafayette-LA lost - 14.77% from 1982 thru 1993
Zip Code in MSA: 60962 - ROBERTS, IL
MSA Pop: 217320Zip Pop: 589
Avg Value: 67700
County: FORD
Elev: 790
Region: Midwest
Lat: 40.614397
Long: -88.183287