Real Estate Appreciation for Cedar Rapids, Iowa: + 38.58%
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 + 38.58% (+ 4.82% yearly) between 1993 and the end of 2000.
The state of IA had + 45.44% total appreciation (+ 5.68% 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 + 17.77% faster than this MSA.
Cedar-Rapids-IA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
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 Cedar-Rapids-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 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 $93,000.00 in 1993, you could multiply by + 38.58%, add the gain and see the home should be worth $128,879.63 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 1993 to 2000:
+ 4.82%
Appreciation Comparisons
The worst 5 MSAs from 1993 to 2000 were Honolulu-HI, Utica-Rome-NY, Binghamton-NY, Bakersfield-CA, and Albany-Schenectady-Troy-NY .
- Honolulu-HI decreased by - 12.00% between 1993 and 2000
- Utica-Rome-NY decreased by - 0.39% between 1993 and 2000
- Binghamton-NY only increased + 0.04% between 1993 and 2000
- Bakersfield-CA only increased + 0.49% between 1993 and 2000
- Albany-Schenectady-Troy-NY only increased + 0.78% between 1993 and 2000
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: 52208 - BELLE PLAINE, IA
MSA Pop: 242744Zip Pop: 3488
Avg Value: 62800
County: BENTON
Elev: 810
Region: Midwest
Lat: 41.896951
Long: -92.276556