Real Estate Appreciation for Cedar Rapids, Iowa: + 9.66%
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 + 9.66% (+ 3.22% yearly) between 2003 and the end of 2005.
The state of IA had + 15.15% total appreciation (+ 5.05% 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 + 56.85% faster than this MSA.
Cedar-Rapids-IA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
Some of the ways peope use our appreciation data for Cedar Rapids, Iowa include real estate investment .
Lets look at Anamosa, 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 Anamosa, Iowa Refinance, or Anamosa, Iowa Reverse Mortgages, you could estimate your home value.
If you knew your Anamosa, Iowa home was worth $108,000.00 in 2003, you could multiply by + 9.66%, add the gain and see the home should be worth $118,430.57 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 2003 to 2005:
+ 3.22%
Appreciation Comparisons
The top 5 performing MSAs from 2003 to 2005 were Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 to the end of 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 to the end of 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 to the end of 2005
- Madera-CA increased + 85.39% from 2003 to the end of 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 to the end of 2005
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 .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
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