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 + 58.77% (+ 4.52% yearly) from 1994 to 2006.

During the same time period, IL had + 94.96% (+ 7.30% yearly). From 1994 to 2006, 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
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Danville, Illinios .

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

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Danville, Illinios check out 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 $100,000.00 in 1994, you could multiply by + 58.77%, add the gain and see the home should be worth $158,767.40 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Danville-IL from 1994 to 2006:
+ 4.52%

Appreciation Comparisons

The worst perfoming MSAs ever for a 13 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Odessa-TX .

  1. Midland-TX lost - 29.46% from 1982 to 1994
  2. Midland-TX lost - 24.49% from 1983 thru 1995
  3. Midland-TX lost - 18.51% from 1984 thru 1996
  4. Odessa-TX lost - 15.99% from 1984 thru 1996
  5. Odessa-TX lost - 10.08% from 1985 thru 1997

The top 5 performing MSAs from 1994 to 2006 were Salinas-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, San-Jose-Sunnyvale-Santa-Clara-CA, Bend-OR, and Phoenix-Mesa-Scottdale-AZ .

  1. Salinas-CA increased +248.87% from 1994 to the end of 2006
  2. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +228.05% from 1994 to the end of 2006
  3. San-Jose-Sunnyvale-Santa-Clara-CA increased +216.45% from 1994 to the end of 2006
  4. Bend-OR increased +211.83% from 1994 to the end of 2006
  5. Phoenix-Mesa-Scottdale-AZ increased +210.92% from 1994 to the end of 2006

Zip Code in MSA: 61832 - DANVILLE, IL

MSA Pop: 82804
Zip Pop: 39127
Avg Value: 49900
County: VERMILION
Elev: 597
Region: Midwest
Lat: 40.133252
Long: -87.628512