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 + 53.45% (+ 4.11% yearly) from 1994 to 2006.

During the same time period, NY had +128.87% (+ 9.91% yearly). From 1994 to 2006, 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
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Binghamton, New York .

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

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Candor, New York 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 $100,000.00 in 1994, you could multiply by + 53.45%, add the gain and see the home should be worth $153,449.51 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Binghamton-NY from 1994 to 2006:
+ 4.11%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 2006 were Salinas-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, San-Jose-Sunnyvale-Santa-Clara-CA, Bend-OR, and Phoenix-Mesa-Scottdale-AZ .

  1. Salinas-CA increased +248.87% from 1994 to the end of 2006
  2. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +228.05% from 1994 to the end of 2006
  3. San-Jose-Sunnyvale-Santa-Clara-CA increased +216.45% from 1994 to the end of 2006
  4. Bend-OR increased +211.83% from 1994 to the end of 2006
  5. Phoenix-Mesa-Scottdale-AZ increased +210.92% from 1994 to the end of 2006

In contrast, the worst 5 MSAs from 1994 to 2006 were Rochester-NY, Buffalo-Niagara-Falls-NY, Springfield-IL, Lafayette-IN, and Fort-Wayne-IN .

  1. Rochester-NY only increased + 31.76% between 1994 and 2006
  2. Buffalo-Niagara-Falls-NY only increased + 38.77% between 1994 and 2006
  3. Springfield-IL only increased + 40.34% between 1994 and 2006
  4. Lafayette-IN only increased + 41.59% between 1994 and 2006
  5. Fort-Wayne-IN only increased + 45.03% between 1994 and 2006

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