Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Binghamton, New York MSA appreciated - 10.14% (- 3.38% yearly) between 1993 and the end of 1995.

The state of NY had - 0.01% total appreciation (- 0.00% 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 than the state as a whole. The state appreaciated - 99.90% faster than this MSA.

Binghamton-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1993 2 113.35 - 0.04% - 0.18%
1993 3 114.06 + 0.63% + 2.51%
1993 4 114.22 + 0.14% + 0.56%
1994 1 111.32 - 2.54% - 10.16%
1994 2 109.15 - 1.95% - 7.80%
1994 3 102.95 - 5.68% - 22.72%
1994 4 100.98 - 1.91% - 7.65%
1995 1 100 - 0.97% - 3.88%
1995 2 99.82 - 0.18% - 0.72%
1995 3 100.9 + 1.08% + 4.33%
1995 4 101.9 + 0.99% + 3.96%


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Apalachin, New York click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Binghamton, New York.

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

If you knew your Apalachin, New York home was worth $88,000.00 in 1993, you could multiply by - 10.14%, add the gain and see the home should be worth $79,075.84 in 1995. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Binghamton-NY from 1993 to 1995:
- 3.38%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Fort-Collins-Loveland-CO .

  1. Salt-Lake-City-UT increased + 44.61% from 1993 to the end of 1995
  2. Provo-Orem-UT increased + 44.36% from 1993 to the end of 1995
  3. Ogden-Clearfield-UT increased + 40.83% from 1993 to the end of 1995
  4. Logan-UT-ID increased + 36.47% from 1993 to the end of 1995
  5. Fort-Collins-Loveland-CO increased + 35.31% from 1993 to the end of 1995

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

Zip Code in MSA: 13732 - APALACHIN, NY

MSA Pop: 251106
Zip Pop: 8380
Avg Value: 88000
County: TIOGA
Elev: 817
Region: Northeast
Lat: 42.056725
Long: -76.137123