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 + 5.25% (+ 2.63% yearly).

All of the property in IA averaged + 7.34% change in value (+ 3.67% yearly).

Ames-IA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2005 2 153.13 + 3.15% + 12.58%
2005 3 156.09 + 1.93% + 7.73%
2005 4 156.18 + 0.06% + 0.23%
2006 1 154.24 - 1.24% - 4.97%
2006 2 158.52 + 2.77% + 11.10%
2006 3 156.1 - 1.53% - 6.11%
2006 4 156.26 + 0.10% + 0.41%


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Ames-IA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Iowa, you can do some research at Spec-Loan.com.

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 $111,000.00 in 2005, you could multiply by + 5.25%, add the gain and see the home should be worth $116,831.87 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Ames-IA from 2005 to 2006:
+ 2.63%

Appreciation Comparisons

The top 5 performing MSAs from 2005 to 2006 were Bend-OR, Boise-City-Nampa-ID, Phoenix-Mesa-Scottdale-AZ, Naples-Marco-Island-FL, and Ocala-FL .

  1. Bend-OR increased + 52.68% from 2005 to the end of 2006
  2. Boise-City-Nampa-ID increased + 43.68% from 2005 to the end of 2006
  3. Phoenix-Mesa-Scottdale-AZ increased + 43.40% from 2005 to the end of 2006
  4. Naples-Marco-Island-FL increased + 41.08% from 2005 to the end of 2006
  5. Ocala-FL increased + 40.98% from 2005 to the end of 2006

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

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