Real Estate Appreciation for Cedar Rapids, Iowa: + 27.33%
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 + 27.33% (+ 3.90% yearly).
All of the property in IA averaged + 33.70% change in value (+ 4.81% yearly).
Cedar-Rapids-IA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Cedar Rapids, Iowa .
Lets look at Belle Plaine, 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 Belle Plaine, Iowa check out 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 $100,000.00 in 1997, you could multiply by + 27.33%, add the gain and see the home should be worth $127,327.38 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 1997 to 2003:
+ 3.90%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 2003 were Barnstable-Town-MA, Napa-CA, San-Diego-Carlsbad-San-Marcos-CA, San-Luis-Obispo-Paso-Robles-CA, and Salinas-CA .
- Barnstable-Town-MA increased +133.99% from 1997 to the end of 2003
- Napa-CA increased +128.81% from 1997 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased +126.29% from 1997 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased +121.84% from 1997 to the end of 2003
- Salinas-CA increased +118.48% from 1997 to the end of 2003
In contrast, the worst 5 MSAs from 1997 to 2003 were Springfield-IL, Wenatchee-WA, Lewiston-ID-WA, Fayetteville-NC, and Ogden-Clearfield-UT .
- Springfield-IL only increased + 14.58% between 1997 and 2003
- Wenatchee-WA only increased + 14.71% between 1997 and 2003
- Lewiston-ID-WA only increased + 15.12% between 1997 and 2003
- Fayetteville-NC only increased + 15.26% between 1997 and 2003
- Ogden-Clearfield-UT only increased + 15.70% between 1997 and 2003
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