Appreciation for MSAs:.

Let's start by comparing Peoria, Illinios to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of - 21.10% (- 4.22% yearly) for the Peoria, Illinios MSA.

The entire state of IL had + 25.04% appreciation (+ 5.01% yearly). The state average for Illinios was higher than the real estate appreciation in the Peoria, Illinios MSA. This means the conditions in the MSA for real estate investment were worse by -218.66%.

Peoria-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1983-1986 Quarterly Detailed Appreciation


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

Lets look at Wenona, Illinios, a city located in Peoria, 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 Wenona, Illinios check out Spec-Loan.com

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

If you knew your Wenona, Illinios home was worth $68,000.00 in 1982, you could multiply by - 21.10%, add the gain and see the home should be worth $53,652.09 in 1986. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Peoria-IL from 1982 to 1986:
- 4.22%

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 1982 to 1986 were Worcester-MA, Bridgeport-Stamford-Norwalk-CT, Providence-New-Bedford-Fall-River-RI-MA, Albany-Schenectady-Troy-NY, and Rochester-NY .

  1. Worcester-MA increased +138.82% from 1982 to the end of 1986
  2. Bridgeport-Stamford-Norwalk-CT increased +110.30% from 1982 to the end of 1986
  3. Providence-New-Bedford-Fall-River-RI-MA increased +109.49% from 1982 to the end of 1986
  4. Albany-Schenectady-Troy-NY increased + 78.43% from 1982 to the end of 1986
  5. Rochester-NY increased + 64.07% from 1982 to the end of 1986

Zip Code in MSA: 61377 - WENONA, IL

MSA Pop: 365995
Zip Pop: 1390
Avg Value: 65400
County: MARSHALL
Elev: 494
Region: Midwest
Lat: 41.05153
Long: -89.0552