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 + 41.57% (+ 5.20% yearly).

All of the property in IL averaged + 42.34% change in value (+ 5.29% yearly).

Danville-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation


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

If you knew your Alvin, Illinios home was worth $97,000.00 in 1995, you could multiply by + 41.57%, add the gain and see the home should be worth $137,322.90 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Danville-IL from 1995 to 2002:
+ 5.20%

Appreciation Comparisons

The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .

  1. Midland-TX lost - 34.76% from 1982 to 1989
  2. Midland-TX lost - 32.81% from 1983 thru 1990
  3. Casper-WY lost - 31.76% from 1983 thru 1990
  4. Lafayette-LA lost - 31.61% from 1981 thru 1988
  5. Lafayette-LA lost - 30.68% from 1982 thru 1989

The top 5 performing MSAs from 1995 to 2002 were Barnstable-Town-MA, San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, San-Luis-Obispo-Paso-Robles-CA, and Napa-CA .

  1. Barnstable-Town-MA increased +119.52% from 1995 to the end of 2002
  2. San-Jose-Sunnyvale-Santa-Clara-CA increased +114.76% from 1995 to the end of 2002
  3. Santa-Cruz-Watsonville-CA increased +106.13% from 1995 to the end of 2002
  4. San-Luis-Obispo-Paso-Robles-CA increased +101.11% from 1995 to the end of 2002
  5. Napa-CA increased + 96.27% from 1995 to the end of 2002

Zip Code in MSA: 61811 - ALVIN, IL

MSA Pop: 82804
Zip Pop: 800
Avg Value: 59000
County: VERMILION
Elev: 597
Region: Midwest
Lat: 40.310238
Long: -87.606265