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 + 27.21% (+ 4.53% yearly).

All of the property in IL averaged + 32.65% change in value (+ 5.44% yearly).

Champaign-Urbana-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1999-2002 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Champaign Urbana, Illinios .

Lets look at Gibson City, 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 Gibson City, Illinios 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 $99,000.00 in 1997, you could multiply by + 27.21%, add the gain and see the home should be worth $125,935.88 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 1997 to 2002:
+ 4.53%

Appreciation Comparisons

The worst 5 MSAs from 1997 to 2002 were Lewiston-ID-WA, Springfield-IL, Williamsport-PA, Midland-TX, and Wenatchee-WA .

  1. Lewiston-ID-WA only increased + 9.69% between 1997 and 2002
  2. Springfield-IL only increased + 10.64% between 1997 and 2002
  3. Williamsport-PA only increased + 12.13% between 1997 and 2002
  4. Midland-TX only increased + 12.35% between 1997 and 2002
  5. Wenatchee-WA only increased + 12.35% between 1997 and 2002

For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .

  1. Merced-CA increased +172.57% from 2000 thru 2005
  2. Modesto-CA increased +166.23% from 2000 thru 2005
  3. Worcester-MA increased +164.50% from 1982 thru 1987
  4. Yuba-City-CA increased +164.17% from 2000 thru 2005
  5. San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981

The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .

  1. Lafayette-LA lost - 42.13% from 1983 to 1988
  2. Lafayette-LA lost - 37.78% from 1982 thru 1987
  3. Casper-WY lost - 37.50% from 1983 thru 1988
  4. Anchorage-AK lost - 33.17% from 1984 thru 1989
  5. Midland-TX lost - 31.15% from 1982 thru 1987

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