Real Estate Appreciation for Cedar Rapids, Iowa: + 49.94%
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 + 49.94% (+ 4.99% yearly) between 1993 and the end of 2002.
The state of IA had + 58.36% total appreciation (+ 5.84% 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 + 16.85% faster than this MSA.
Cedar-Rapids-IA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Cedar Rapids, Iowa .
Lets look at Center Junction, Iowa, a city located in Cedar Rapids, Iowa MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Center Junction, Iowa check out Spec-Loan.com
If you were going to do a Center Junction, Iowa Refinance, or Center Junction, Iowa Reverse Mortgages, you could estimate your home value.
If you knew your Center Junction, Iowa home was worth $95,000.00 in 1993, you could multiply by + 49.94%, add the gain and see the home should be worth $142,445.70 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 1993 to 2002:
+ 4.99%
Appreciation Comparisons
The worst 5 MSAs from 1993 to 2002 were Honolulu-HI, Binghamton-NY, Utica-Rome-NY, Rochester-NY, and Syracuse-NY .
- Honolulu-HI only increased + 1.77% between 1993 and 2002
- Binghamton-NY only increased + 10.26% between 1993 and 2002
- Utica-Rome-NY only increased + 11.82% between 1993 and 2002
- Rochester-NY only increased + 15.19% between 1993 and 2002
- Syracuse-NY only increased + 15.21% between 1993 and 2002
For a 10 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Riverside-San-Bernardino-Ontario-CA .
- Bridgeport-Stamford-Norwalk-CT increased +262.04% from 1977 thru 1986
- New-Haven-Milford-CT increased +251.93% from 1978 thru 1987
- Salinas-CA increased +251.06% from 1996 thru 2005
- Salinas-CA increased +247.53% from 1997 thru 2006
- Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 thru 2006
The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .
- Midland-TX lost - 34.73% from 1982 to 1991
- Midland-TX lost - 31.11% from 1983 thru 1992
- Lafayette-LA lost - 22.75% from 1982 thru 1991
- Midland-TX lost - 22.05% from 1984 thru 1993
- Lafayette-LA lost - 21.25% from 1983 thru 1992
Zip Code in MSA: 52212 - CENTER JUNCTION, IA
MSA Pop: 242744Zip Pop: 308
Avg Value: 63400
County: JONES
Elev: 829
Region: Midwest
Lat: 42.077451
Long: -91.073159