Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Cedar Rapids, Iowa MSA appreciation it was + 8.57% (+ 2.86% yearly) from 2004 to 2006.

During the same time period, IA had + 12.96% (+ 4.32% yearly). From 2004 to 2006, Iowa outperformed the individual Cedar Rapids, Iowa MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Cedar-Rapids-IA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2006 1 144.4 - 0.56% - 2.26%
2006 2 146.05 + 1.14% + 4.57%
2006 3 147.85 + 1.23% + 4.93%
2006 4 147.91 + 0.04% + 0.16%


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 $110,000.00 in 2004, you could multiply by + 8.57%, add the gain and see the home should be worth $119,422.34 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 2004 to 2006:
+ 2.86%

Appreciation Comparisons

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

The top 5 performing MSAs from 2004 to 2006 were Naples-Marco-Island-FL, Bakersfield-CA, Bend-OR, Phoenix-Mesa-Scottdale-AZ, and Visalia-Porterville-CA .

  1. Naples-Marco-Island-FL increased + 77.60% from 2004 to the end of 2006
  2. Bakersfield-CA increased + 77.49% from 2004 to the end of 2006
  3. Bend-OR increased + 75.09% from 2004 to the end of 2006
  4. Phoenix-Mesa-Scottdale-AZ increased + 75.00% from 2004 to the end of 2006
  5. Visalia-Porterville-CA increased + 73.18% from 2004 to the end of 2006

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