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 + 21.90% (+ 4.38% yearly).

All of the property in IL averaged + 25.16% change in value (+ 5.03% yearly).

Champaign-Urbana-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1998-2001 Quarterly Detailed Appreciation


Lets look at Gibson City, 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 Gibson City, Illinios Refinance, or Gibson City, Illinios Reverse Mortgages, you could estimate your home value.

If you knew your Gibson City, Illinios home was worth $98,000.00 in 1997, you could multiply by + 21.90%, add the gain and see the home should be worth $119,463.51 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 1997 to 2001:
+ 4.38%

Appreciation Comparisons

The top 5 performing MSAs from 1997 to 2001 were Santa-Cruz-Watsonville-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Salinas-CA, Santa-Rosa-Petaluma-CA, and Barnstable-Town-MA .

  1. Santa-Cruz-Watsonville-CA increased + 85.74% from 1997 to the end of 2001
  2. San-Jose-Sunnyvale-Santa-Clara-CA increased + 84.16% from 1997 to the end of 2001
  3. Salinas-CA increased + 77.44% from 1997 to the end of 2001
  4. Santa-Rosa-Petaluma-CA increased + 75.85% from 1997 to the end of 2001
  5. Barnstable-Town-MA increased + 75.70% from 1997 to the end of 2001

In contrast, the worst 5 MSAs from 1997 to 2001 were Honolulu-HI, Williamsport-PA, Springfield-IL, Wenatchee-WA, and Albuquerque-NM .

  1. Honolulu-HI only increased + 5.24% between 1997 and 2001
  2. Williamsport-PA only increased + 7.92% between 1997 and 2001
  3. Springfield-IL only increased + 8.36% between 1997 and 2001
  4. Wenatchee-WA only increased + 8.71% between 1997 and 2001
  5. Albuquerque-NM only increased + 8.90% between 1997 and 2001

Zip Code in MSA: 60936 - GIBSON CITY, IL

MSA Pop: 217320
Zip Pop: 4218
Avg Value: 76300
County: FORD
Elev: 790
Region: Midwest
Lat: 40.46747
Long: -88.373541