Real Estate Appreciation for Champaign Urbana, Illinios: + 25.28%
Appreciation for MSAs:.
Let's start by comparing Champaign Urbana, Illinios to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 25.28% (+ 6.32% yearly) for the Champaign Urbana, Illinios MSA.
The entire state of IL had + 32.43% appreciation (+ 8.11% yearly).
The state average for Illinios was higher than the real estate appreciation in the Champaign Urbana, Illinios MSA. This means the conditions in the MSA for real estate investment were worse by + 28.27%.
Champaign-Urbana-IL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 137.01 | + 1.54% | + 6.17% |
| 2002 | 3 | 138.82 | + 1.32% | + 5.28% |
| 2002 | 4 | 139.28 | + 0.33% | + 1.33% |
| 2003 | 1 | 140.67 | + 1.00% | + 3.99% |
| 2003 | 2 | 142.76 | + 1.49% | + 5.94% |
| 2003 | 3 | 144.52 | + 1.23% | + 4.93% |
| 2003 | 4 | 148.83 | + 2.98% | + 11.93% |
| 2004 | 1 | 150.58 | + 1.18% | + 4.70% |
| 2004 | 2 | 152.67 | + 1.39% | + 5.55% |
| 2004 | 3 | 156.36 | + 2.42% | + 9.67% |
| 2004 | 4 | 158.75 | + 1.53% | + 6.11% |
| 2005 | 1 | 159.92 | + 0.74% | + 2.95% |
| 2005 | 2 | 162.4 | + 1.55% | + 6.20% |
| 2005 | 3 | 168.94 | + 4.03% | + 16.11% |
| 2005 | 4 | 169.04 | + 0.06% | + 0.24% |
If you need information on Hard Money Rehab Loans in Elliott, Illinios look at Spec-Loan.com
If you were going to do a Elliott, Illinios Refinance, or Elliott, Illinios Reverse Mortgages, you could estimate your home value.
If you knew your Elliott, Illinios home was worth $107,000.00 in 2002, you could multiply by + 25.28%, add the gain and see the home should be worth $134,049.36 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 2002 to 2005:
+ 6.32%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2005 were Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Yuba-City-CA .
- Bakersfield-CA increased +116.36% from 2002 to the end of 2005
- Fresno-CA increased +116.09% from 2002 to the end of 2005
- Madera-CA increased +114.32% from 2002 to the end of 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 to the end of 2005
- Yuba-City-CA increased +108.89% from 2002 to the end of 2005
Zip Code in MSA: 60933 - ELLIOTT, IL
MSA Pop: 217320Zip Pop: 349
Avg Value: 64300
County: FORD
Elev: 790
Region: Midwest
Lat: 40.464155
Long: -88.274837