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 + 52.63% (+ 4.78% yearly) from 1994 to 2004.

During the same time period, IL had + 70.31% (+ 6.39% yearly). From 1994 to 2004, 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
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 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 Catlin, Illinios Refinance, or Catlin, Illinios Reverse Mortgages, you could estimate your home value.

If you knew your Catlin, Illinios home was worth $98,000.00 in 1994, you could multiply by + 52.63%, add the gain and see the home should be worth $149,580.96 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Danville-IL from 1994 to 2004:
+ 4.78%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 2004 were Salinas-CA, Barnstable-Town-MA, San-Diego-Carlsbad-San-Marcos-CA, Oxnard-Thousand-Oaks-Ventura-CA, and Napa-CA .

  1. Salinas-CA increased +183.29% from 1994 to the end of 2004
  2. Barnstable-Town-MA increased +180.31% from 1994 to the end of 2004
  3. San-Diego-Carlsbad-San-Marcos-CA increased +177.79% from 1994 to the end of 2004
  4. Oxnard-Thousand-Oaks-Ventura-CA increased +156.30% from 1994 to the end of 2004
  5. Napa-CA increased +156.18% from 1994 to the end of 2004

In contrast, the worst 5 MSAs from 1994 to 2004 were Binghamton-NY, Rochester-NY, Buffalo-Niagara-Falls-NY, El-Paso-TX, and Elmira-NY .

  1. Binghamton-NY only increased + 18.17% between 1994 and 2004
  2. Rochester-NY only increased + 24.10% between 1994 and 2004
  3. Buffalo-Niagara-Falls-NY only increased + 26.19% between 1994 and 2004
  4. El-Paso-TX only increased + 27.09% between 1994 and 2004
  5. Elmira-NY only increased + 27.92% between 1994 and 2004

Zip Code in MSA: 61817 - CATLIN, IL

MSA Pop: 82804
Zip Pop: 2838
Avg Value: 72400
County: VERMILION
Elev: 597
Region: Midwest
Lat: 40.067951
Long: -87.71092