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 + 21.44% (+ 3.06% yearly).

All of the property in IL averaged + 41.43% change in value (+ 5.92% yearly).

Danville-IL

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


Some of the ways peope use our appreciation data for Danville, Illinios include real estate investment .

Lets look at Allerton, Illinios, a city located in Danville, Illinios MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Illinios check out Spec-Loan.com

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

If you knew your Allerton, Illinios home was worth $100,000.00 in 1997, you could multiply by + 21.44%, add the gain and see the home should be worth $121,444.26 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Danville-IL from 1997 to 2003:
+ 3.06%

Appreciation Comparisons

The top 5 performing MSAs from 1997 to 2003 were Barnstable-Town-MA, Napa-CA, San-Diego-Carlsbad-San-Marcos-CA, San-Luis-Obispo-Paso-Robles-CA, and Salinas-CA .

  1. Barnstable-Town-MA increased +133.99% from 1997 to the end of 2003
  2. Napa-CA increased +128.81% from 1997 to the end of 2003
  3. San-Diego-Carlsbad-San-Marcos-CA increased +126.29% from 1997 to the end of 2003
  4. San-Luis-Obispo-Paso-Robles-CA increased +121.84% from 1997 to the end of 2003
  5. Salinas-CA increased +118.48% from 1997 to the end of 2003

Zip Code in MSA: 61810 - ALLERTON, IL

MSA Pop: 82804
Zip Pop: 389
Avg Value: 48800
County: VERMILION
Elev: 597
Region: Midwest
Lat: 39.911762
Long: -87.935151