Appreciation for MSAs:.

Let's start by comparing Albany Schenectady Troy, New York 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 +108.48% (+ 18.08% yearly) for the Albany Schenectady Troy, New York MSA.

The entire state of NY had +108.85% appreciation (+ 18.14% yearly). The state average for New York was higher than the real estate appreciation in the Albany Schenectady Troy, New York MSA. This means the conditions in the MSA for real estate investment were worse by + 0.35%.

Albany-Schenectady-Troy-NY

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1984-1987 Quarterly Detailed Appreciation


Lets look at Altamont, New York, a city located in Albany Schenectady Troy, New York MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

If you were going to do a Altamont, New York Refinance, or Altamont, New York Reverse Mortgages, you could estimate your home value.

If you knew your Altamont, New York home was worth $69,000.00 in 1982, you could multiply by +108.48%, add the gain and see the home should be worth $143,848.53 in 1987. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1982 to 1987:
+ 18.08%

Appreciation Comparisons

The top 5 performing MSAs from 1982 to 1987 were Worcester-MA, Providence-New-Bedford-Fall-River-RI-MA, Bridgeport-Stamford-Norwalk-CT, Albany-Schenectady-Troy-NY, and Allentown-Bethlehem-Easton-PA-NJ .

  1. Worcester-MA increased +164.50% from 1982 to the end of 1987
  2. Providence-New-Bedford-Fall-River-RI-MA increased +155.83% from 1982 to the end of 1987
  3. Bridgeport-Stamford-Norwalk-CT increased +127.12% from 1982 to the end of 1987
  4. Albany-Schenectady-Troy-NY increased +108.48% from 1982 to the end of 1987
  5. Allentown-Bethlehem-Easton-PA-NJ increased + 96.08% from 1982 to the end of 1987

In contrast, the worst 5 MSAs from 1982 to 1987 were Lafayette-LA, Midland-TX, Grand-Junction-CO, Houston-Sugar-Land-Baytown-TX, and Anchorage-AK .

  1. Lafayette-LA decreased by - 37.78% between 1982 and 1987
  2. Midland-TX decreased by - 31.15% between 1982 and 1987
  3. Grand-Junction-CO decreased by - 27.49% between 1982 and 1987
  4. Houston-Sugar-Land-Baytown-TX decreased by - 23.37% between 1982 and 1987
  5. Anchorage-AK decreased by - 21.65% between 1982 and 1987

Zip Code in MSA: 12009 - ALTAMONT, NY

MSA Pop: 840644
Zip Pop: 7628
Avg Value: 131900
County: ALBANY
Elev: 30
Region: Northeast
Lat: 42.70314
Long: -74.02866