Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Binghamton, New York did compared to the state as a whole.

The Binghamton, New York MSA property value change was + 13.45% (+ 2.24% yearly).

All of the property in NY averaged + 32.29% change in value (+ 5.38% yearly).

Binghamton-NY

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1997-2000 Quarterly Detailed Appreciation


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 Berkshire, 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 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 $95,000.00 in 1995, you could multiply by + 13.45%, add the gain and see the home should be worth $107,777.50 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Binghamton-NY from 1995 to 2000:
+ 2.24%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1995 to 2000 were Honolulu-HI, Utica-Rome-NY, El-Paso-TX, Buffalo-Niagara-Falls-NY, and Visalia-Porterville-CA .

  1. Honolulu-HI decreased by - 11.52% between 1995 and 2000
  2. Utica-Rome-NY only increased + 6.07% between 1995 and 2000
  3. El-Paso-TX only increased + 6.73% between 1995 and 2000
  4. Buffalo-Niagara-Falls-NY only increased + 6.78% between 1995 and 2000
  5. Visalia-Porterville-CA only increased + 7.37% between 1995 and 2000

The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .

  1. Lafayette-LA lost - 42.13% from 1983 to 1988
  2. Lafayette-LA lost - 37.78% from 1982 thru 1987
  3. Casper-WY lost - 37.50% from 1983 thru 1988
  4. Anchorage-AK lost - 33.17% from 1984 thru 1989
  5. Midland-TX lost - 31.15% from 1982 thru 1987

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