Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Champaign Urbana, Illinios did compared to the state as a whole.

The Champaign Urbana, Illinios MSA property value change was + 48.83% (+ 5.43% yearly).

All of the property in IL averaged + 51.76% change in value (+ 5.75% yearly).

Champaign-Urbana-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2000-2003 Quarterly Detailed Appreciation
1997-2000 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 $98,000.00 in 1995, you could multiply by + 48.83%, add the gain and see the home should be worth $145,853.40 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 1995 to 2003:
+ 5.43%

Appreciation Comparisons

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

The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .

  1. Midland-TX lost - 34.76% from 1982 to 1990
  2. Midland-TX lost - 32.77% from 1983 thru 1991
  3. Lafayette-LA lost - 26.59% from 1982 thru 1990
  4. Casper-WY lost - 26.42% from 1983 thru 1991
  5. Midland-TX lost - 25.57% from 1984 thru 1992

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