Real Estate Appreciation for Davenport Moline Rock Island, Iowa, Illinios: + 18.02%
Appreciation for MSAs:.
Let's start by comparing Davenport Moline Rock Island, Iowa, Illinios 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 + 18.02% (+ 4.51% yearly) for the Davenport Moline Rock Island, Iowa, Illinios 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 Davenport Moline Rock Island, Iowa, Illinios MSA. This means the conditions in the MSA for real estate investment were worse by + 4.99%.
Davenport-Moline-Rock-Island-IA-IL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 141.37 | + 0.24% | + 0.96% |
| 2002 | 3 | 143.44 | + 1.46% | + 5.86% |
| 2002 | 4 | 144.85 | + 0.98% | + 3.93% |
| 2003 | 1 | 145.33 | + 0.33% | + 1.33% |
| 2003 | 2 | 146.89 | + 1.07% | + 4.29% |
| 2003 | 3 | 148.49 | + 1.09% | + 4.36% |
| 2003 | 4 | 150.46 | + 1.33% | + 5.31% |
| 2004 | 1 | 151.03 | + 0.38% | + 1.52% |
| 2004 | 2 | 153.49 | + 1.63% | + 6.52% |
| 2004 | 3 | 156.41 | + 1.90% | + 7.61% |
| 2004 | 4 | 158.11 | + 1.09% | + 4.35% |
| 2005 | 1 | 159.81 | + 1.08% | + 4.30% |
| 2005 | 2 | 161.44 | + 1.02% | + 4.08% |
| 2005 | 3 | 164.47 | + 1.88% | + 7.51% |
| 2005 | 4 | 166.45 | + 1.20% | + 4.82% |
There are a lot of ways to use the appreciation data for Davenport Moline Rock Island, Iowa, Illinios .
Lets look at Bettendorf, Iowa, a city located in Davenport Moline Rock Island, Iowa, Illinios 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 Bettendorf, Iowa check out Spec-Loan.com
If you were going to do a Bettendorf, Iowa Refinance, or Bettendorf, Iowa Reverse Mortgages, you could estimate your home value.
If you knew your Bettendorf, Iowa home was worth $107,000.00 in 2002, you could multiply by + 18.02%, add the gain and see the home should be worth $126,286.25 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Davenport-Moline-Rock-Island-IA-IL from 2002 to 2005:
+ 4.51%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
Zip Code in MSA: 52722 - BETTENDORF, IA
MSA Pop: 374973Zip Pop: 33695
Avg Value: 117500
County: SCOTT
Elev: 559
Region: Midwest
Lat: 41.56722
Long: -90.462