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 + 10.11% (+ 3.37% yearly).

All of the property in IL averaged + 10.75% change in value (+ 3.58% yearly).

Champaign-Urbana-IL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
1999 1 118.61 + 0.13% + 0.51%
1999 2 120.38 + 1.49% + 5.97%
1999 3 120.62 + 0.20% + 0.80%
1999 4 120.56 - 0.05% - 0.20%


Lets look at Cabery, Illinios, a city located in Champaign Urbana, Illinios MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

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 $96,000.00 in 1997, you could multiply by + 10.11%, add the gain and see the home should be worth $105,706.09 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 1997 to 1999:
+ 3.37%

Appreciation Comparisons

The worst 5 MSAs from 1997 to 1999 were Honolulu-HI, Williamsport-PA, Buffalo-Niagara-Falls-NY, Ithaca-NY, and Reading-PA .

  1. Honolulu-HI decreased by - 5.64% between 1997 and 1999
  2. Williamsport-PA decreased by - 0.53% between 1997 and 1999
  3. Buffalo-Niagara-Falls-NY only increased + 0.14% between 1997 and 1999
  4. Ithaca-NY only increased + 0.26% between 1997 and 1999
  5. Reading-PA only increased + 1.79% between 1997 and 1999

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 60919 - CABERY, IL

MSA Pop: 217320
Zip Pop: 525
Avg Value: 78900
County: FORD
Elev: 790
Region: Midwest
Lat: 40.947948
Long: -88.15315