Real Estate Appreciation for Springfield, Illinios: + 23.03%
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 + 23.03% (+ 2.56% yearly).
All of the property in IL averaged + 68.60% change in value (+ 7.62% yearly).
Springfield-IL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
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If you were going to do a Illiopolis, Illinios Refinance, or Illiopolis, Illinios Reverse Mortgages, you could estimate your home value.
If you knew your Illiopolis, Illinios home was worth $102,000.00 in 1997, you could multiply by + 23.03%, add the gain and see the home should be worth $125,486.40 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Springfield-IL from 1997 to 2005:
+ 2.56%
Appreciation Comparisons
For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +251.65% from 1997 thru 2005
- Salinas-CA increased +229.40% from 1998 thru 2006
- Springfield-MA increased +229.07% from 1981 thru 1989
- Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
Zip Code in MSA: 62539 - ILLIOPOLIS, IL
MSA Pop: 204468Zip Pop: 1367
Avg Value: 72300
County: SANGAMON
Elev: 612
Region: Midwest
Lat: 39.853524
Long: -89.247739