Real Estate Appreciation for Cedar Rapids, Iowa: + 32.67%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Cedar Rapids, Iowa MSA appreciated + 32.67% (+ 4.67% yearly) between 1993 and the end of 1999.
The state of IA had + 39.06% total appreciation (+ 5.58% yearly).
The state average for Iowa was higher than the real estate appreciation in the Cedar Rapids, Iowa MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 19.57% faster than this MSA.
Cedar-Rapids-IA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
Lets look at Belle Plaine, Iowa, a city located in Cedar Rapids, Iowa MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Belle Plaine, Iowa Refinance, or Belle Plaine, Iowa Reverse Mortgages, you could estimate your home value.
If you knew your Belle Plaine, Iowa home was worth $92,000.00 in 1993, you could multiply by + 32.67%, add the gain and see the home should be worth $122,056.70 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 1993 to 1999:
+ 4.67%
Appreciation Comparisons
The worst 5 MSAs from 1993 to 1999 were Honolulu-HI, Bakersfield-CA, Albany-Schenectady-Troy-NY, Utica-Rome-NY, and Binghamton-NY .
- Honolulu-HI decreased by - 15.53% between 1993 and 1999
- Bakersfield-CA decreased by - 5.66% between 1993 and 1999
- Albany-Schenectady-Troy-NY decreased by - 3.82% between 1993 and 1999
- Utica-Rome-NY decreased by - 3.32% between 1993 and 1999
- Binghamton-NY decreased by - 3.08% between 1993 and 1999
For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .
- Salinas-CA increased +208.13% from 1999 thru 2005
- Springfield-MA increased +199.02% from 1981 thru 1987
- Merced-CA increased +193.70% from 1999 thru 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 52208 - BELLE PLAINE, IA
MSA Pop: 242744Zip Pop: 3488
Avg Value: 62800
County: BENTON
Elev: 810
Region: Midwest
Lat: 41.896951
Long: -92.276556