Real Estate Appreciation for Binghamton, New York: + 14.08%
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 + 14.08% (+ 1.08% yearly) for the Binghamton, New York MSA.
The entire state of NY had + 95.32% appreciation (+ 7.33% 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 +576.79%.
Binghamton-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
1992-1995 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Binghamton, New York .
Lets look at Candor, New York, a city located in Binghamton, New York 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 Candor, New York check out Spec-Loan.com
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 $96,000.00 in 1992, you could multiply by + 14.08%, add the gain and see the home should be worth $109,520.42 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Binghamton-NY from 1992 to 2004:
+ 1.08%
Appreciation Comparisons
The top 5 performing MSAs from 1992 to 2004 were Salinas-CA, Barnstable-Town-MA, San-Diego-Carlsbad-San-Marcos-CA, Medford-OR, and Boulder-CO .
- Salinas-CA increased +178.15% from 1992 to the end of 2004
- Barnstable-Town-MA increased +174.04% from 1992 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased +161.74% from 1992 to the end of 2004
- Medford-OR increased +161.06% from 1992 to the end of 2004
- Boulder-CO increased +160.43% from 1992 to the end of 2004
For a 13 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Oxnard-Thousand-Oaks-Ventura-CA, Honolulu-HI, and Santa-Rosa-Petaluma-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +365.89% from 1977 thru 1989
- San-Jose-Sunnyvale-Santa-Clara-CA increased +354.74% from 1976 thru 1988
- Oxnard-Thousand-Oaks-Ventura-CA increased +346.24% from 1977 thru 1989
- Honolulu-HI increased +322.63% from 1978 thru 1990
- Santa-Rosa-Petaluma-CA increased +285.59% from 1977 thru 1989
Zip Code in MSA: 13743 - CANDOR, NY
MSA Pop: 251106Zip Pop: 3807
Avg Value: 61700
County: TIOGA
Elev: 817
Region: Northeast
Lat: 42.215772
Long: -76.337174