Real Estate Appreciation for Danville, Illinios: + 66.21%
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 + 66.21% (+ 5.09% yearly) between 1993 and the end of 2005.
The state of IL had + 94.93% total appreciation (+ 7.30% 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 + 43.38% faster than this MSA.
Danville-IL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
If you need information on Hard Money Rehab Loans in Danville, Illinios look at Spec-Loan.com
If you were going to do a Danville, Illinios Refinance, or Danville, Illinios Reverse Mortgages, you could estimate your home value.
If you knew your Danville, Illinios home was worth $98,000.00 in 1993, you could multiply by + 66.21%, add the gain and see the home should be worth $162,886.99 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Danville-IL from 1993 to 2005:
+ 5.09%
Appreciation Comparisons
The worst perfoming MSAs ever for a 13 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Odessa-TX .
- Midland-TX lost - 29.46% from 1982 to 1994
- Midland-TX lost - 24.49% from 1983 thru 1995
- Midland-TX lost - 18.51% from 1984 thru 1996
- Odessa-TX lost - 15.99% from 1984 thru 1996
- Odessa-TX lost - 10.08% from 1985 thru 1997
The top 5 performing MSAs from 1993 to 2005 were Salinas-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Barnstable-Town-MA, Medford-OR, and Napa-CA .
- Salinas-CA increased +252.00% from 1993 to the end of 2005
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +215.12% from 1993 to the end of 2005
- Barnstable-Town-MA increased +209.08% from 1993 to the end of 2005
- Medford-OR increased +207.91% from 1993 to the end of 2005
- Napa-CA increased +202.19% from 1993 to the end of 2005
Zip Code in MSA: 61832 - DANVILLE, IL
MSA Pop: 82804Zip Pop: 39127
Avg Value: 49900
County: VERMILION
Elev: 597
Region: Midwest
Lat: 40.133252
Long: -87.628512