Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Binghamton, New York MSA appreciation it was - 13.28% (- 4.43% yearly) from 1994 to 1996.

During the same time period, NY had - 0.96% (- 0.32% yearly). From 1994 to 1996, New York outperformed the individual Binghamton, New York MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Binghamton-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
1996 1 100.58 - 1.30% - 5.18%
1996 2 99.45 - 1.12% - 4.49%
1996 3 96.86 - 2.60% - 10.42%
1996 4 96.54 - 0.33% - 1.32%


Some of the ways peope use our appreciation data for Binghamton, New York include real estate investment .

Lets look at Apalachin, New York, a city located in Binghamton, New York MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in New York check out Spec-Loan.com

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 $90,000.00 in 1994, you could multiply by - 13.28%, add the gain and see the home should be worth $78,050.66 in 1996. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Binghamton-NY from 1994 to 1996:
- 4.43%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 1996 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Provo-Orem-UT, Logan-UT-ID, and Pueblo-CO .

  1. Salt-Lake-City-UT increased + 33.67% from 1994 to the end of 1996
  2. Ogden-Clearfield-UT increased + 32.69% from 1994 to the end of 1996
  3. Provo-Orem-UT increased + 30.79% from 1994 to the end of 1996
  4. Logan-UT-ID increased + 29.11% from 1994 to the end of 1996
  5. Pueblo-CO increased + 27.92% from 1994 to the end of 1996

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