Real Estate Appreciation for Champaign Urbana, Illinios: + 8.19%
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 + 8.19% (+ 4.10% yearly).
All of the property in IL averaged + 5.89% change in value (+ 2.94% yearly).
Champaign-Urbana-IL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 111.07 | + 1.44% | + 5.77% |
| 1997 | 3 | 112.97 | + 1.71% | + 6.84% |
| 1997 | 4 | 114.78 | + 1.60% | + 6.41% |
| 1998 | 1 | 114.58 | - 0.17% | - 0.70% |
| 1998 | 2 | 116.33 | + 1.53% | + 6.11% |
| 1998 | 3 | 116.81 | + 0.41% | + 1.65% |
| 1998 | 4 | 118.46 | + 1.41% | + 5.65% |
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If you were going to do a Cabery, Illinios Refinance, or Cabery, Illinios Reverse Mortgages, you could estimate your home value.
If you knew your Cabery, Illinios home was worth $95,000.00 in 1997, you could multiply by + 8.19%, add the gain and see the home should be worth $102,782.90 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 1997 to 1998:
+ 4.10%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, San-Diego-Carlsbad-San-Marcos-CA, Gadsden-AL, and Waterloo-Cedar-Falls-IA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.79% from 1997 to the end of 1998
- Santa-Cruz-Watsonville-CA increased + 20.64% from 1997 to the end of 1998
- San-Diego-Carlsbad-San-Marcos-CA increased + 16.27% from 1997 to the end of 1998
- Gadsden-AL increased + 14.96% from 1997 to the end of 1998
- Waterloo-Cedar-Falls-IA increased + 13.76% from 1997 to the end of 1998
Zip Code in MSA: 60919 - CABERY, IL
MSA Pop: 217320Zip Pop: 525
Avg Value: 78900
County: FORD
Elev: 790
Region: Midwest
Lat: 40.947948
Long: -88.15315