Appreciation for MSAs:.

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

The Ames, Iowa MSA property value change was + 8.25% (+ 4.12% yearly).

All of the property in IA averaged + 8.58% change in value (+ 4.29% yearly).

Ames-IA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 110.73 + 1.34% + 5.34%
1997 3 112.66 + 1.74% + 6.97%
1997 4 113.73 + 0.95% + 3.80%
1998 1 114.36 + 0.55% + 2.22%
1998 2 114.52 + 0.14% + 0.56%
1998 3 118.04 + 3.07% + 12.29%
1998 4 118.28 + 0.20% + 0.81%


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

If you knew your Ames, Iowa home was worth $95,000.00 in 1997, you could multiply by + 8.25%, add the gain and see the home should be worth $102,833.35 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Ames-IA from 1997 to 1998:
+ 4.12%

Appreciation Comparisons

The worst 5 MSAs from 1997 to 1998 were Honolulu-HI, Williamsport-PA, Ithaca-NY, Utica-Rome-NY, and Pittsfield-MA .

  1. Honolulu-HI decreased by - 3.48% between 1997 and 1998
  2. Williamsport-PA decreased by - 0.05% between 1997 and 1998
  3. Ithaca-NY only increased + 1.04% between 1997 and 1998
  4. Utica-Rome-NY only increased + 1.56% between 1997 and 1998
  5. Pittsfield-MA only increased + 2.16% between 1997 and 1998

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 50010 - AMES, IA

MSA Pop: 83021
Zip Pop: 24991
Avg Value: 118800
County: STORY
Elev: 1003
Region: Midwest
Lat: 42.02752
Long: -93.636937