Real Estate Appreciation for Cedar Rapids, Iowa: + 13.33%
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 + 13.33% (+ 3.33% yearly) for the Cedar Rapids, Iowa MSA.
The entire state of IA had + 18.92% appreciation (+ 4.73% 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 + 41.98%.
Cedar-Rapids-IA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2005 | 1 | 142.95 | + 1.84% | + 7.35% |
| 2005 | 2 | 143.49 | + 0.38% | + 1.51% |
| 2005 | 3 | 143.93 | + 0.31% | + 1.23% |
| 2005 | 4 | 145.22 | + 0.90% | + 3.59% |
There are a lot of ways to use the appreciation data for Cedar Rapids, Iowa .
Lets look at Anamosa, 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 Anamosa, Iowa check out Spec-Loan.com
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 $107,000.00 in 2002, you could multiply by + 13.33%, add the gain and see the home should be worth $121,262.21 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 2002 to 2005:
+ 3.33%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 52205 - ANAMOSA, IA
MSA Pop: 242744Zip Pop: 8087
Avg Value: 83700
County: JONES
Elev: 829
Region: Midwest
Lat: 42.11352
Long: -91.29522