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 + 30.58% (+ 5.10% yearly).

All of the property in IL averaged + 26.65% change in value (+ 4.44% yearly).

Danville-IL

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1997-2000 Quarterly Detailed Appreciation


Lets look at Rossville, 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 Rossville, Illinios Refinance, or Rossville, Illinios Reverse Mortgages, you could estimate your home value.

If you knew your Rossville, Illinios home was worth $95,000.00 in 1995, you could multiply by + 30.58%, add the gain and see the home should be worth $124,051.00 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Danville-IL from 1995 to 2000:
+ 5.10%

Appreciation Comparisons

The top 5 performing MSAs from 1995 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Barnstable-Town-MA, and Denver-Aurora-CO .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased +101.99% from 1995 to the end of 2000
  2. Santa-Cruz-Watsonville-CA increased + 79.90% from 1995 to the end of 2000
  3. Santa-Rosa-Petaluma-CA increased + 65.27% from 1995 to the end of 2000
  4. Barnstable-Town-MA increased + 64.91% from 1995 to the end of 2000
  5. Denver-Aurora-CO increased + 61.62% from 1995 to the end of 2000

Zip Code in MSA: 60963 - ROSSVILLE, IL

MSA Pop: 82804
Zip Pop: 1686
Avg Value: 61500
County: VERMILION
Elev: 597
Region: Midwest
Lat: 40.378784
Long: -87.665411