Real Estate Appreciation for Cedar Rapids, Iowa: + 6.64%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Cedar Rapids, Iowa did compared to the state as a whole.
The Cedar Rapids, Iowa MSA property value change was + 6.64% (+ 3.32% yearly).
All of the property in IA averaged + 8.49% change in value (+ 4.25% yearly).
Cedar-Rapids-IA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 102.26 | + 2.26% | + 9.04% |
| 1995 | 3 | 103.43 | + 1.14% | + 4.58% |
| 1995 | 4 | 104.96 | + 1.48% | + 5.92% |
| 1996 | 1 | 104.74 | - 0.21% | - 0.84% |
| 1996 | 2 | 105.77 | + 0.98% | + 3.93% |
| 1996 | 3 | 106.76 | + 0.94% | + 3.74% |
| 1996 | 4 | 106.64 | - 0.11% | - 0.45% |
Some of the ways peope use our appreciation data for Cedar Rapids, Iowa include real estate investment .
Lets look at Alburnett, Iowa, a city located in Cedar Rapids, Iowa MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Iowa check out Spec-Loan.com
If you were going to do a Alburnett, Iowa Refinance, or Alburnett, Iowa Reverse Mortgages, you could estimate your home value.
If you knew your Alburnett, Iowa home was worth $91,000.00 in 1995, you could multiply by + 6.64%, add the gain and see the home should be worth $97,042.40 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 1995 to 1996:
+ 3.32%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 1996 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Pittsfield-MA, Danville-IL, and Bay-City-MI .
- Salt-Lake-City-UT increased + 17.55% from 1995 to the end of 1996
- Ogden-Clearfield-UT increased + 17.36% from 1995 to the end of 1996
- Pittsfield-MA increased + 17.05% from 1995 to the end of 1996
- Danville-IL increased + 16.75% from 1995 to the end of 1996
- Bay-City-MI increased + 16.66% from 1995 to the end of 1996
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 .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
Zip Code in MSA: 52202 - ALBURNETT, IA
MSA Pop: 242744Zip Pop: 997
Avg Value: 107200
County: LINN
Elev: 732
Region: Midwest
Lat: 42.156151
Long: -91.632861