Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Cedar Rapids, Iowa MSA appreciation it was + 7.64% (+ 3.82% yearly) from 2000 to 2001.

During the same time period, IA had + 8.99% (+ 4.50% yearly). From 2000 to 2001, Iowa outperformed the individual Cedar Rapids, Iowa MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Cedar-Rapids-IA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 118.81 + 0.73% + 2.92%
2000 3 120.33 + 1.28% + 5.12%
2000 4 121.23 + 0.75% + 2.99%
2001 1 123.74 + 2.07% + 8.28%
2001 2 124.85 + 0.90% + 3.59%
2001 3 126.2 + 1.08% + 4.33%
2001 4 126.96 + 0.60% + 2.41%


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 $101,000.00 in 2000, you could multiply by + 7.64%, add the gain and see the home should be worth $108,715.22 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 2000 to 2001:
+ 3.82%

Appreciation Comparisons

The top 5 performing MSAs from 2000 to 2001 were Stockton-CA, Salinas-CA, Modesto-CA, Vallejo-Fairfield-CA, and Merced-CA .

  1. Stockton-CA increased + 32.40% from 2000 to the end of 2001
  2. Salinas-CA increased + 31.19% from 2000 to the end of 2001
  3. Modesto-CA increased + 30.86% from 2000 to the end of 2001
  4. Vallejo-Fairfield-CA increased + 30.50% from 2000 to the end of 2001
  5. Merced-CA increased + 28.81% from 2000 to the end of 2001

In contrast, the worst 5 MSAs from 2000 to 2001 were Wenatchee-WA, Odessa-TX, Jackson-TN, Springfield-IL, and Albany-GA .

  1. Wenatchee-WA only increased + 1.89% between 2000 and 2001
  2. Odessa-TX only increased + 3.25% between 2000 and 2001
  3. Jackson-TN only increased + 4.84% between 2000 and 2001
  4. Springfield-IL only increased + 4.92% between 2000 and 2001
  5. Albany-GA only increased + 4.97% between 2000 and 2001

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