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 + 12.32% (+ 1.37% yearly) from 1994 to 2002.

During the same time period, NY had + 54.42% (+ 6.05% yearly). From 1994 to 2002, 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

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


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

If you knew your Berkshire, New York home was worth $96,000.00 in 1994, you could multiply by + 12.32%, add the gain and see the home should be worth $107,831.84 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Binghamton-NY from 1994 to 2002:
+ 1.37%

Appreciation Comparisons

For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .

  1. Salinas-CA increased +251.65% from 1997 thru 2005
  2. Salinas-CA increased +229.40% from 1998 thru 2006
  3. Springfield-MA increased +229.07% from 1981 thru 1989
  4. Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
  5. San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005

Zip Code in MSA: 13736 - BERKSHIRE, NY

MSA Pop: 251106
Zip Pop: 2342
Avg Value: 64900
County: TIOGA
Elev: 817
Region: Northeast
Lat: 42.3138
Long: -76.19064