Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Springfield, Illinios did compared to the state as a whole.

The Springfield, Illinios MSA property value change was + 19.59% (+ 2.45% yearly).

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

Springfield-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation


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

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

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

If you knew your Glenarm, Illinios home was worth $101,000.00 in 1997, you could multiply by + 19.59%, add the gain and see the home should be worth $120,790.22 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Springfield-IL from 1997 to 2004:
+ 2.45%

Appreciation Comparisons

The top 5 performing MSAs from 1997 to 2004 were San-Diego-Carlsbad-San-Marcos-CA, Salinas-CA, Napa-CA, Barnstable-Town-MA, and San-Luis-Obispo-Paso-Robles-CA .

  1. San-Diego-Carlsbad-San-Marcos-CA increased +186.77% from 1997 to the end of 2004
  2. Salinas-CA increased +182.20% from 1997 to the end of 2004
  3. Napa-CA increased +169.41% from 1997 to the end of 2004
  4. Barnstable-Town-MA increased +166.30% from 1997 to the end of 2004
  5. San-Luis-Obispo-Paso-Robles-CA increased +164.73% from 1997 to the end of 2004

Zip Code in MSA: 62536 - GLENARM, IL

MSA Pop: 204468
Zip Pop: 942
Avg Value: 122100
County: SANGAMON
Elev: 612
Region: Midwest
Lat: 39.637292
Long: -89.637055