Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Danville, Illinios did compared to the state as a whole.

The Danville, Illinios MSA property value change was + 21.18% (+ 4.24% yearly).

All of the property in IL averaged + 18.83% change in value (+ 3.77% yearly).

Danville-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1996-1999 Quarterly Detailed Appreciation


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

Lets look at Rankin, 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 Rankin, Illinios check out Spec-Loan.com

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

If you knew your Rankin, Illinios home was worth $94,000.00 in 1995, you could multiply by + 21.18%, add the gain and see the home should be worth $113,909.20 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Danville-IL from 1995 to 1999:
+ 4.24%

Appreciation Comparisons

The top 5 performing MSAs from 1995 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, Barnstable-Town-MA, and Battle-Creek-MI .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 56.64% from 1995 to the end of 1999
  2. Santa-Cruz-Watsonville-CA increased + 45.88% from 1995 to the end of 1999
  3. Denver-Aurora-CO increased + 42.15% from 1995 to the end of 1999
  4. Barnstable-Town-MA increased + 41.29% from 1995 to the end of 1999
  5. Battle-Creek-MI increased + 39.66% from 1995 to the end of 1999

Zip Code in MSA: 60960 - RANKIN, IL

MSA Pop: 82804
Zip Pop: 1108
Avg Value: 52500
County: VERMILION
Elev: 597
Region: Midwest
Lat: 40.463682
Long: -87.896365