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: + 16.27%
  • State of IL: + 27.91%
  • Difference: - 41.70%

Danville-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1999-2002 Quarterly Detailed Appreciation


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

Lets look at Rankin, 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 Rankin, Illinios Refinance, or Rankin, Illinios Reverse Mortgages, you could estimate your home value.

If you knew your Rankin, Illinios home was worth $100,000.00 in 1998, you could multiply by + 16.27%, add the gain and see the home should be worth $116,269.71 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Danville-IL from 1998 to 2002:
+ 3.25%

Appreciation Comparisons

The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .

  1. Casper-WY lost - 42.34% from 1983 to 1987
  2. Lafayette-LA lost - 39.59% from 1983 thru 1987
  3. Lafayette-LA lost - 37.20% from 1984 thru 1988
  4. Grand-Junction-CO lost - 30.66% from 1982 thru 1986
  5. Anchorage-AK lost - 30.21% from 1985 thru 1989

The top 5 performing MSAs from 1998 to 2002 were Barnstable-Town-MA, Napa-CA, San-Luis-Obispo-Paso-Robles-CA, Salinas-CA, and Santa-Cruz-Watsonville-CA .

  1. Barnstable-Town-MA increased + 93.09% from 1998 to the end of 2002
  2. Napa-CA increased + 86.55% from 1998 to the end of 2002
  3. San-Luis-Obispo-Paso-Robles-CA increased + 83.76% from 1998 to the end of 2002
  4. Salinas-CA increased + 82.76% from 1998 to the end of 2002
  5. Santa-Cruz-Watsonville-CA increased + 81.13% from 1998 to the end of 2002

Zip Code in MSA: 60960 - RANKIN, IL

MSA Pop: 82804
Zip Pop: 1108
Avg Value: 52500
County: VERMILION
Elev: 597
Region: Midwest
Lat: 40.463682
Long: -87.896365