Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Danville, Illinios MSA appreciation it was + 33.51% (+ 4.79% yearly) from 2000 to 2006.

During the same time period, IL had + 55.74% (+ 7.96% yearly). From 2000 to 2006, Illinios outperformed the individual Danville, Illinios MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Danville-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Danville, Illinios .

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

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Allerton, 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 $106,000.00 in 2000, you could multiply by + 33.51%, add the gain and see the home should be worth $141,521.37 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Danville-IL from 2000 to 2006:
+ 4.79%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Lafayette-LA lost - 32.70% from 1983 thru 1989
  2. Midland-TX lost - 31.48% from 1982 thru 1988

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