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 + 61.05% (+ 5.09% yearly) between 1993 and the end of 2004.

The state of IL had + 77.73% total appreciation (+ 6.48% 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 + 27.31% faster than this MSA.

Danville-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation


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 Collison, 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 Danville, Illinios.

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

If you knew your Collison, Illinios home was worth $97,000.00 in 1993, you could multiply by + 61.05%, add the gain and see the home should be worth $156,222.42 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Danville-IL from 1993 to 2004:
+ 5.09%

Appreciation Comparisons

The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .

  1. Midland-TX lost - 29.95% from 1982 to 1993
  2. Midland-TX lost - 27.35% from 1983 thru 1994
  3. Midland-TX lost - 18.42% from 1984 thru 1995
  4. Odessa-TX lost - 17.39% from 1984 thru 1995
  5. Lafayette-LA lost - 14.77% from 1982 thru 1993

The top 5 performing MSAs from 1993 to 2004 were Barnstable-Town-MA, Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, and Ocean-City-NJ .

  1. Barnstable-Town-MA increased +183.32% from 1993 to the end of 2004
  2. Salinas-CA increased +182.48% from 1993 to the end of 2004
  3. San-Diego-Carlsbad-San-Marcos-CA increased +170.10% from 1993 to the end of 2004
  4. Napa-CA increased +156.08% from 1993 to the end of 2004
  5. Ocean-City-NJ increased +153.55% from 1993 to the end of 2004

Zip Code in MSA: 61831 - COLLISON, IL

MSA Pop: 82804
Zip Pop: 180
Avg Value: 66500
County: VERMILION
Elev: 597
Region: Midwest
Lat: 40.217293
Long: -87.806624