Real Estate Appreciation for Springfield, Illinios: + 20.61%
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.
- Springfield, Illinios: + 20.61%
- State of IL: + 62.57%
- Difference: - 67.06%
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
If you need information on Hard Money Rehab Loans in Glenarm, Illinios look at 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 $103,000.00 in 1998, you could multiply by + 20.61%, add the gain and see the home should be worth $124,231.78 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Springfield-IL from 1998 to 2005:
+ 2.58%
Appreciation Comparisons
The worst 5 MSAs from 1998 to 2005 were Lafayette-IN, Columbus-IN, Springfield-IL, Ogden-Clearfield-UT, and Jackson-TN .
- Lafayette-IN only increased + 18.26% between 1998 and 2005
- Columbus-IN only increased + 19.34% between 1998 and 2005
- Springfield-IL only increased + 20.61% between 1998 and 2005
- Ogden-Clearfield-UT only increased + 21.04% between 1998 and 2005
- Jackson-TN only increased + 21.38% between 1998 and 2005
For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .
- Salinas-CA increased +233.30% from 1998 thru 2005
- Springfield-MA increased +225.43% from 1981 thru 1988
- Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
- Salinas-CA increased +204.52% from 1999 thru 2006
- Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
Zip Code in MSA: 62536 - GLENARM, IL
MSA Pop: 204468Zip Pop: 942
Avg Value: 122100
County: SANGAMON
Elev: 612
Region: Midwest
Lat: 39.637292
Long: -89.637055