Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Albany Schenectady Troy, New York did compared to the state as a whole.

The Albany Schenectady Troy, New York MSA property value change was + 23.82% (+ 3.97% yearly).

All of the property in NY averaged + 55.91% change in value (+ 9.32% yearly).

Albany-Schenectady-Troy-NY

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1999-2002 Quarterly Detailed Appreciation


Some of the ways peope use our appreciation data for Albany Schenectady Troy, New York include real estate investment .

Lets look at Altamont, New York, a city located in Albany Schenectady Troy, New York 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 New York 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 $99,000.00 in 1997, you could multiply by + 23.82%, add the gain and see the home should be worth $122,585.03 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1997 to 2002:
+ 3.97%

Appreciation Comparisons

The worst 5 MSAs from 1997 to 2002 were Lewiston-ID-WA, Springfield-IL, Williamsport-PA, Midland-TX, and Wenatchee-WA .

  1. Lewiston-ID-WA only increased + 9.69% between 1997 and 2002
  2. Springfield-IL only increased + 10.64% between 1997 and 2002
  3. Williamsport-PA only increased + 12.13% between 1997 and 2002
  4. Midland-TX only increased + 12.35% between 1997 and 2002
  5. Wenatchee-WA only increased + 12.35% between 1997 and 2002

For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .

  1. Merced-CA increased +172.57% from 2000 thru 2005
  2. Modesto-CA increased +166.23% from 2000 thru 2005
  3. Worcester-MA increased +164.50% from 1982 thru 1987
  4. Yuba-City-CA increased +164.17% from 2000 thru 2005
  5. San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981

The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .

  1. Lafayette-LA lost - 42.13% from 1983 to 1988
  2. Lafayette-LA lost - 37.78% from 1982 thru 1987
  3. Casper-WY lost - 37.50% from 1983 thru 1988
  4. Anchorage-AK lost - 33.17% from 1984 thru 1989
  5. Midland-TX lost - 31.15% from 1982 thru 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