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 + 37.73% (+ 3.77% yearly).

All of the property in IL averaged + 75.97% change in value (+ 7.60% 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 Bismarck, Illinios Refinance, or Bismarck, Illinios Reverse Mortgages, you could estimate your home value.

If you knew your Bismarck, Illinios home was worth $103,000.00 in 1997, you could multiply by + 37.73%, add the gain and see the home should be worth $141,859.88 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Danville-IL from 1997 to 2006:
+ 3.77%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1997 to 2006 were Lafayette-IN, Kokomo-IN, Columbus-IN, Springfield-IL, and Anderson-IN .

  1. Lafayette-IN only increased + 22.65% between 1997 and 2006
  2. Kokomo-IN only increased + 24.43% between 1997 and 2006
  3. Columbus-IN only increased + 28.09% between 1997 and 2006
  4. Springfield-IL only increased + 28.91% between 1997 and 2006
  5. Anderson-IN only increased + 29.98% between 1997 and 2006

The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .

  1. Midland-TX lost - 34.73% from 1982 to 1991
  2. Midland-TX lost - 31.11% from 1983 thru 1992
  3. Lafayette-LA lost - 22.75% from 1982 thru 1991
  4. Midland-TX lost - 22.05% from 1984 thru 1993
  5. Lafayette-LA lost - 21.25% from 1983 thru 1992

Zip Code in MSA: 61814 - BISMARCK, IL

MSA Pop: 82804
Zip Pop: 1249
Avg Value: 81500
County: VERMILION
Elev: 597
Region: Midwest
Lat: 40.258941
Long: -87.611108