Real Estate Appreciation for Cedar Rapids, Iowa: + 19.27%
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 + 19.27% (+ 3.85% yearly).
All of the property in IA averaged + 23.67% change in value (+ 4.73% yearly).
Cedar-Rapids-IA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
Lets look at Anamosa, 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 Anamosa, Iowa Refinance, or Anamosa, Iowa Reverse Mortgages, you could estimate your home value.
If you knew your Anamosa, Iowa home was worth $98,000.00 in 1997, you could multiply by + 19.27%, add the gain and see the home should be worth $116,881.92 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 1997 to 2001:
+ 3.85%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 2001 were Santa-Cruz-Watsonville-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Salinas-CA, Santa-Rosa-Petaluma-CA, and Barnstable-Town-MA .
- Santa-Cruz-Watsonville-CA increased + 85.74% from 1997 to the end of 2001
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 84.16% from 1997 to the end of 2001
- Salinas-CA increased + 77.44% from 1997 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 75.85% from 1997 to the end of 2001
- Barnstable-Town-MA increased + 75.70% from 1997 to the end of 2001
In contrast, the worst 5 MSAs from 1997 to 2001 were Honolulu-HI, Williamsport-PA, Springfield-IL, Wenatchee-WA, and Albuquerque-NM .
- Honolulu-HI only increased + 5.24% between 1997 and 2001
- Williamsport-PA only increased + 7.92% between 1997 and 2001
- Springfield-IL only increased + 8.36% between 1997 and 2001
- Wenatchee-WA only increased + 8.71% between 1997 and 2001
- Albuquerque-NM only increased + 8.90% between 1997 and 2001
Zip Code in MSA: 52205 - ANAMOSA, IA
MSA Pop: 242744Zip Pop: 8087
Avg Value: 83700
County: JONES
Elev: 829
Region: Midwest
Lat: 42.11352
Long: -91.29522