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 + 13.04% (+ 1.19% yearly) between 1993 and the end of 2003.

The state of NY had + 74.74% total appreciation (+ 6.79% 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 +473.07% faster than this MSA.

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 Bible School Park, New York Refinance, or Bible School Park, New York Reverse Mortgages, you could estimate your home value.

If you knew your Bible School Park, New York home was worth $96,000.00 in 1993, you could multiply by + 13.04%, add the gain and see the home should be worth $108,520.63 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Binghamton-NY from 1993 to 2003:
+ 1.19%

Appreciation Comparisons

For a 11 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Providence-New-Bedford-Fall-River-RI-MA .

  1. Bridgeport-Stamford-Norwalk-CT increased +291.00% from 1977 thru 1987
  2. New-Haven-Milford-CT increased +263.57% from 1978 thru 1988
  3. Salinas-CA increased +257.03% from 1995 thru 2005
  4. Salinas-CA increased +246.95% from 1996 thru 2006
  5. Providence-New-Bedford-Fall-River-RI-MA increased +246.07% from 1977 thru 1987

The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .

  1. Midland-TX lost - 33.11% from 1982 to 1992
  2. Midland-TX lost - 27.85% from 1983 thru 1993
  3. Midland-TX lost - 21.51% from 1984 thru 1994
  4. Odessa-TX lost - 21.17% from 1984 thru 1994
  5. Lafayette-LA lost - 18.88% from 1982 thru 1992

Zip Code in MSA: 13737 - BIBLE SCHOOL PARK, NY

MSA Pop: 251106
Zip Pop: 0
Avg Value: 0
County: BROOME
Elev: 863
Region: Northeast
Lat: 42.08042
Long: -76.09764