Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Ames, Iowa MSA appreciated + 12.85% (+ 4.28% yearly) between 2003 and the end of 2005.

The state of IA had + 15.15% total appreciation (+ 5.05% yearly). The state average for Iowa was higher than the real estate appreciation in the Ames, Iowa MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 17.84% faster than this MSA.

Ames-IA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2003 2 138.75 + 0.26% + 1.04%
2003 3 140.91 + 1.56% + 6.23%
2003 4 143.89 + 2.11% + 8.46%
2004 1 143.87 - 0.01% - 0.06%
2004 2 147.21 + 2.32% + 9.29%
2004 3 149.2 + 1.35% + 5.41%
2004 4 148.94 - 0.17% - 0.70%
2005 1 148.46 - 0.32% - 1.29%
2005 2 153.13 + 3.15% + 12.58%
2005 3 156.09 + 1.93% + 7.73%
2005 4 156.18 + 0.06% + 0.23%


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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 $108,000.00 in 2003, you could multiply by + 12.85%, add the gain and see the home should be worth $121,883.37 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Ames-IA from 2003 to 2005:
+ 4.28%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2003 to 2005 were Burlington-NC, Lafayette-IN, Jonesboro-AR, Anderson-IN, and Rocky-Mount-NC .

  1. Burlington-NC only increased + 3.06% between 2003 and 2005
  2. Lafayette-IN only increased + 4.69% between 2003 and 2005
  3. Jonesboro-AR only increased + 5.04% between 2003 and 2005
  4. Anderson-IN only increased + 5.16% between 2003 and 2005
  5. Rocky-Mount-NC only increased + 5.82% between 2003 and 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 50011 - AMES, IA

MSA Pop: 83021
Zip Pop: 0
Avg Value: 0
County: STORY
Elev: 1003
Region: Midwest
Lat: 42.022675
Long: -93.642525