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 + 63.07% (+ 5.26% yearly).

All of the property in IL averaged + 88.82% change in value (+ 7.40% yearly).

Danville-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation


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

If you knew your Collison, Illinios home was worth $101,000.00 in 1995, you could multiply by + 63.07%, add the gain and see the home should be worth $164,700.70 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Danville-IL from 1995 to 2006:
+ 5.26%

Appreciation Comparisons

The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .

  1. Midland-TX lost - 29.95% from 1982 to 1993
  2. Midland-TX lost - 27.35% from 1983 thru 1994
  3. Midland-TX lost - 18.42% from 1984 thru 1995
  4. Odessa-TX lost - 17.39% from 1984 thru 1995
  5. Lafayette-LA lost - 14.77% from 1982 thru 1993

The top 5 performing MSAs from 1995 to 2006 were Salinas-CA, Riverside-San-Bernardino-Ontario-CA, Ocean-City-NJ, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, and Oxnard-Thousand-Oaks-Ventura-CA .

  1. Salinas-CA increased +252.85% from 1995 to the end of 2006
  2. Riverside-San-Bernardino-Ontario-CA increased +235.41% from 1995 to the end of 2006
  3. Ocean-City-NJ increased +233.38% from 1995 to the end of 2006
  4. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +229.46% from 1995 to the end of 2006
  5. Oxnard-Thousand-Oaks-Ventura-CA increased +221.92% from 1995 to the end of 2006

Zip Code in MSA: 61831 - COLLISON, IL

MSA Pop: 82804
Zip Pop: 180
Avg Value: 66500
County: VERMILION
Elev: 597
Region: Midwest
Lat: 40.217293
Long: -87.806624