Appreciation for MSAs:.

Let's start by comparing Cedar Rapids, Iowa to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 5.77% (+ 2.89% yearly) for the Cedar Rapids, Iowa MSA.

The entire state of IA had + 7.16% appreciation (+ 3.58% yearly). The state average for Iowa was higher than the real estate appreciation in the Cedar Rapids, Iowa MSA. This means the conditions in the MSA for real estate investment were worse by + 24.05%.

Cedar-Rapids-IA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2002 2 128.51 + 0.29% + 1.15%
2002 3 130.4 + 1.47% + 5.88%
2002 4 131.17 + 0.59% + 2.36%
2003 1 132.43 + 0.96% + 3.84%
2003 2 133.15 + 0.54% + 2.17%
2003 3 134.43 + 0.96% + 3.85%
2003 4 135.54 + 0.83% + 3.30%


Some of the ways peope use our appreciation data for Cedar Rapids, Iowa include real estate investment .

Lets look at Alburnett, Iowa, a city located in Cedar Rapids, Iowa MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $105,000.00 in 2002, you could multiply by + 5.77%, add the gain and see the home should be worth $111,063.68 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 2002 to 2003:
+ 2.89%

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

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

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