Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Danville, Illinios MSA appreciated + 34.15% (+ 4.27% yearly) between 1993 and the end of 2000.

The state of IL had + 36.47% total appreciation (+ 4.56% yearly). The state average for Illinios was higher than the real estate appreciation in the Danville, Illinios MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 6.79% faster than this MSA.

Danville-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Danville-IL here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Illinios, you can do some research at Spec-Loan.com.

If you were going to do a Alvin, Illinios Refinance, or Alvin, Illinios Reverse Mortgages, you could estimate your home value.

If you knew your Alvin, Illinios home was worth $93,000.00 in 1993, you could multiply by + 34.15%, add the gain and see the home should be worth $124,757.96 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Danville-IL from 1993 to 2000:
+ 4.27%

Appreciation Comparisons

The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .

  1. Midland-TX lost - 34.76% from 1982 to 1989
  2. Midland-TX lost - 32.81% from 1983 thru 1990
  3. Casper-WY lost - 31.76% from 1983 thru 1990
  4. Lafayette-LA lost - 31.61% from 1981 thru 1988
  5. Lafayette-LA lost - 30.68% from 1982 thru 1989

The top 5 performing MSAs from 1993 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Boulder-CO, Denver-Aurora-CO, Fort-Collins-Loveland-CO, and Greeley-CO .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 95.58% from 1993 to the end of 2000
  2. Boulder-CO increased + 94.86% from 1993 to the end of 2000
  3. Denver-Aurora-CO increased + 93.79% from 1993 to the end of 2000
  4. Fort-Collins-Loveland-CO increased + 86.16% from 1993 to the end of 2000
  5. Greeley-CO increased + 80.01% from 1993 to the end of 2000

Zip Code in MSA: 61811 - ALVIN, IL

MSA Pop: 82804
Zip Pop: 800
Avg Value: 59000
County: VERMILION
Elev: 597
Region: Midwest
Lat: 40.310238
Long: -87.606265