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 + 9.54% (+ 3.18% yearly) for the Cedar Rapids, Iowa MSA.

The entire state of IA had + 12.03% appreciation (+ 4.01% 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 + 26.03%.

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%
2004 1 136.24 + 0.52% + 2.07%
2004 2 137.93 + 1.24% + 4.96%
2004 3 139.06 + 0.82% + 3.28%
2004 4 140.37 + 0.94% + 3.77%


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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 $106,000.00 in 2002, you could multiply by + 9.54%, add the gain and see the home should be worth $116,116.90 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 2002 to 2004:
+ 3.18%

Appreciation Comparisons

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 52205 - ANAMOSA, IA

MSA Pop: 242744
Zip Pop: 8087
Avg Value: 83700
County: JONES
Elev: 829
Region: Midwest
Lat: 42.11352
Long: -91.29522