Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Cedar Rapids, Iowa MSA appreciated + 6.00% (+ 3.00% yearly) between 2003 and the end of 2004.

The state of IA had + 8.47% total appreciation (+ 4.24% 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 than the state as a whole. The state appreaciated + 41.30% faster than this MSA.

Cedar-Rapids-IA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


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 $107,000.00 in 2003, you could multiply by + 6.00%, add the gain and see the home should be worth $113,415.31 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 2003 to 2004:
+ 3.00%

Appreciation Comparisons

The top 5 performing MSAs from 2003 to 2004 were Las-Vegas-Paradise-NV, Riverside-San-Bernardino-Ontario-CA, Bakersfield-CA, Madera-CA, and Fresno-CA .

  1. Las-Vegas-Paradise-NV increased + 54.53% from 2003 to the end of 2004
  2. Riverside-San-Bernardino-Ontario-CA increased + 51.05% from 2003 to the end of 2004
  3. Bakersfield-CA increased + 50.02% from 2003 to the end of 2004
  4. Madera-CA increased + 48.31% from 2003 to the end of 2004
  5. Fresno-CA increased + 47.99% from 2003 to the end of 2004

In contrast, the worst 5 MSAs from 2003 to 2004 were Brownsville-Harlingen-TX, Jackson-TN, Austin-Round-Rock-TX, Burlington-NC, and Ogden-Clearfield-UT .

  1. Brownsville-Harlingen-TX only increased + 0.47% between 2003 and 2004
  2. Jackson-TN only increased + 1.89% between 2003 and 2004
  3. Austin-Round-Rock-TX only increased + 2.07% between 2003 and 2004
  4. Burlington-NC only increased + 2.09% between 2003 and 2004
  5. Ogden-Clearfield-UT only increased + 2.83% between 2003 and 2004

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