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 + 32.41% (+ 4.05% yearly).

All of the property in IL averaged + 53.72% change in value (+ 6.71% yearly).

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


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Alvin, Illinios click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Danville, Illinios.

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 $101,000.00 in 1997, you could multiply by + 32.41%, add the gain and see the home should be worth $133,731.17 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Danville-IL from 1997 to 2004:
+ 4.05%

Appreciation Comparisons

The worst 5 MSAs from 1997 to 2004 were Ogden-Clearfield-UT, Columbus-IN, Springfield-IL, Lafayette-IN, and Provo-Orem-UT .

  1. Ogden-Clearfield-UT only increased + 18.92% between 1997 and 2004
  2. Columbus-IN only increased + 19.22% between 1997 and 2004
  3. Springfield-IL only increased + 19.59% between 1997 and 2004
  4. Lafayette-IN only increased + 20.80% between 1997 and 2004
  5. Provo-Orem-UT only increased + 22.07% between 1997 and 2004

For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .

  1. Salinas-CA increased +233.30% from 1998 thru 2005
  2. Springfield-MA increased +225.43% from 1981 thru 1988
  3. Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
  4. Salinas-CA increased +204.52% from 1999 thru 2006
  5. Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005

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

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