Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Danville, Illinios MSA appreciation it was + 27.13% (+ 3.88% yearly) from 1994 to 2000.

During the same time period, IL had + 30.77% (+ 4.40% yearly). From 1994 to 2000, Illinios outperformed the individual Danville, Illinios MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

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


Lets look at Allerton, Illinios, a city located in Danville, Illinios MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

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

If you knew your Allerton, Illinios home was worth $94,000.00 in 1994, you could multiply by + 27.13%, add the gain and see the home should be worth $119,506.57 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Danville-IL from 1994 to 2000:
+ 3.88%

Appreciation Comparisons

For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .

  1. Salinas-CA increased +208.13% from 1999 thru 2005
  2. Springfield-MA increased +199.02% from 1981 thru 1987
  3. Merced-CA increased +193.70% from 1999 thru 2005
  4. Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
  5. Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005

Zip Code in MSA: 61810 - ALLERTON, IL

MSA Pop: 82804
Zip Pop: 389
Avg Value: 48800
County: VERMILION
Elev: 597
Region: Midwest
Lat: 39.911762
Long: -87.935151