Appreciation for MSAs:.

Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.

  • Danville, Illinios: + 36.22%
  • State of IL: + 57.24%
  • Difference: - 36.74%

Danville-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation


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

If you knew your Armstrong, Illinios home was worth $100,000.00 in 1996, you could multiply by + 36.22%, add the gain and see the home should be worth $136,215.14 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Danville-IL from 1996 to 2004:
+ 4.02%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1996 to 2004 were Florence-Muscle-Shoals-AL, Columbus-IN, Springfield-IL, El-Paso-TX, and Jackson-TN .

  1. Florence-Muscle-Shoals-AL only increased + 19.09% between 1996 and 2004
  2. Columbus-IN only increased + 21.32% between 1996 and 2004
  3. Springfield-IL only increased + 21.65% between 1996 and 2004
  4. El-Paso-TX only increased + 22.29% between 1996 and 2004
  5. Jackson-TN only increased + 22.40% between 1996 and 2004

The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .

  1. Midland-TX lost - 34.76% from 1982 to 1990
  2. Midland-TX lost - 32.77% from 1983 thru 1991
  3. Lafayette-LA lost - 26.59% from 1982 thru 1990
  4. Casper-WY lost - 26.42% from 1983 thru 1991
  5. Midland-TX lost - 25.57% from 1984 thru 1992

Zip Code in MSA: 61812 - ARMSTRONG, IL

MSA Pop: 82804
Zip Pop: 420
Avg Value: 61400
County: VERMILION
Elev: 597
Region: Midwest
Lat: 40.218652
Long: -87.895671