Real Estate Appreciation for Cedar Rapids, Iowa: + 5.04%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Cedar Rapids, Iowa MSA appreciated + 5.04% (+ 2.52% yearly) for the period between 1999 and the end of 2000.
The state had + 7.25% total appreciation (+ 3.63% yearly).
The state average for Iowa was higher than the real estate appreciation in the Cedar Rapids, Iowa MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 43.84% faster than this MSA.
Cedar-Rapids-IA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 115.95 | + 0.47% | + 1.87% |
| 1999 | 3 | 116.83 | + 0.76% | + 3.04% |
| 1999 | 4 | 116.06 | - 0.66% | - 2.64% |
| 2000 | 1 | 117.95 | + 1.63% | + 6.51% |
| 2000 | 2 | 118.81 | + 0.73% | + 2.92% |
| 2000 | 3 | 120.33 | + 1.28% | + 5.12% |
| 2000 | 4 | 121.23 | + 0.75% | + 2.99% |
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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 $99,000.00 in 1999, you could multiply by + 5.04%, add the gain and see the home should be worth $103,992.46 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 1999 to 2000:
+ 2.52%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 44.43% from 1999 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 41.93% from 1999 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 41.14% from 1999 to the end of 2000
- Salinas-CA increased + 39.42% from 1999 to the end of 2000
- Napa-CA increased + 33.84% from 1999 to the end of 2000
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