Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Champaign Urbana, Illinios MSA appreciated + 7.47% (+ 3.73% yearly) for the period between 1999 and the end of 2000.

The state had + 10.43% total appreciation (+ 5.22% yearly). The state average for Illinios was higher than the real estate appreciation in the Champaign Urbana, Illinios MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 39.65% faster than this MSA.

Champaign-Urbana-IL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1999 2 120.38 + 1.49% + 5.97%
1999 3 120.62 + 0.20% + 0.80%
1999 4 120.56 - 0.05% - 0.20%
2000 1 122.97 + 2.00% + 8.00%
2000 2 125.36 + 1.94% + 7.77%
2000 3 126.58 + 0.97% + 3.89%
2000 4 127.47 + 0.70% + 2.81%


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Cabery, Illinios click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Champaign Urbana, Illinios.

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 $99,000.00 in 1999, you could multiply by + 7.47%, add the gain and see the home should be worth $106,395.16 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 1999 to 2000:
+ 3.73%

Appreciation Comparisons

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

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