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 + 32.37% (+ 2.31% yearly) for the Binghamton, New York MSA.

The entire state of NY had +121.46% appreciation (+ 8.68% 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 +275.17%.

Binghamton-NY

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation


Lets look at Candor, New York, a city located in Binghamton, 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 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 $97,000.00 in 1992, you could multiply by + 32.37%, add the gain and see the home should be worth $128,402.39 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Binghamton-NY from 1992 to 2005:
+ 2.31%

Appreciation Comparisons

The worst perfoming MSAs ever for a 14 year period, were Midland-TX, Midland-TX, Odessa-TX, Midland-TX, and Midland-TX .

  1. Midland-TX lost - 26.68% from 1982 to 1995
  2. Midland-TX lost - 24.58% from 1983 thru 1996
  3. Odessa-TX lost - 17.25% from 1984 thru 1997
  4. Midland-TX lost - 13.75% from 1984 thru 1997
  5. Midland-TX lost - 6.03% from 1986 thru 1999

The top 5 performing MSAs from 1992 to 2005 were Salinas-CA, Medford-OR, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Fort-Walton-Beach-Crestview-Destin-FL, and Phoenix-Mesa-Scottdale-AZ .

  1. Salinas-CA increased +246.60% from 1992 to the end of 2005
  2. Medford-OR increased +224.65% from 1992 to the end of 2005
  3. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +218.48% from 1992 to the end of 2005
  4. Fort-Walton-Beach-Crestview-Destin-FL increased +202.40% from 1992 to the end of 2005
  5. Phoenix-Mesa-Scottdale-AZ increased +200.00% from 1992 to the end of 2005

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