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 + 7.48% (+ 3.74% yearly).

All of the property in IA averaged + 8.58% change in value (+ 4.29% yearly).

Cedar-Rapids-IA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 107.63 + 1.11% + 4.43%
1997 3 109.63 + 1.86% + 7.43%
1997 4 109.86 + 0.21% + 0.84%
1998 1 111.82 + 1.78% + 7.14%
1998 2 111.81 - 0.01% - 0.04%
1998 3 113 + 1.06% + 4.26%
1998 4 114.41 + 1.25% + 4.99%


There are a lot of ways to use the appreciation data for Cedar Rapids, Iowa .

Lets look at Alburnett, 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 Alburnett, 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 $95,000.00 in 1997, you could multiply by + 7.48%, add the gain and see the home should be worth $102,103.80 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 1997 to 1998:
+ 3.74%

Appreciation Comparisons

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: 52202 - ALBURNETT, IA

MSA Pop: 242744
Zip Pop: 997
Avg Value: 107200
County: LINN
Elev: 732
Region: Midwest
Lat: 42.156151
Long: -91.632861