Real Estate Appreciation for Champaign Urbana, Illinios: + 12.85%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Champaign Urbana, Illinios MSA appreciated + 12.85% (+ 6.43% yearly) between 2003 and the end of 2004.
The state of IL had + 14.72% total appreciation (+ 7.36% 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 than the state as a whole. The state appreaciated + 14.49% faster than this MSA.
Champaign-Urbana-IL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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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 $107,000.00 in 2003, you could multiply by + 12.85%, add the gain and see the home should be worth $120,752.47 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 2003 to 2004:
+ 6.43%
Appreciation Comparisons
The worst 5 MSAs from 2003 to 2004 were Brownsville-Harlingen-TX, Jackson-TN, Austin-Round-Rock-TX, Burlington-NC, and Ogden-Clearfield-UT .
- Brownsville-Harlingen-TX only increased + 0.47% between 2003 and 2004
- Jackson-TN only increased + 1.89% between 2003 and 2004
- Austin-Round-Rock-TX only increased + 2.07% between 2003 and 2004
- Burlington-NC only increased + 2.09% between 2003 and 2004
- Ogden-Clearfield-UT only increased + 2.83% between 2003 and 2004
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 .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- 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 .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 60919 - CABERY, IL
MSA Pop: 217320Zip Pop: 525
Avg Value: 78900
County: FORD
Elev: 790
Region: Midwest
Lat: 40.947948
Long: -88.15315