Appreciation for MSAs:.

Let's start by comparing Binghamton, 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 + 11.17% (+ 0.93% yearly) for the Binghamton, New York MSA.

The entire state of NY had + 72.51% appreciation (+ 6.04% yearly). The state average for New York was higher than the real estate appreciation in the Binghamton, New York MSA. This means the conditions in the MSA for real estate investment were worse by +549.20%.

Binghamton-NY

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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

If you knew your Candor, New York home was worth $95,000.00 in 1992, you could multiply by + 11.17%, add the gain and see the home should be worth $105,611.40 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Binghamton-NY from 1992 to 2003:
+ 0.93%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Odessa-TX lost - 17.39% from 1984 thru 1995
  2. Lafayette-LA lost - 14.77% from 1982 thru 1993

Zip Code in MSA: 13743 - CANDOR, NY

MSA Pop: 251106
Zip Pop: 3807
Avg Value: 61700
County: TIOGA
Elev: 817
Region: Northeast
Lat: 42.215772
Long: -76.337174