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 + 31.55% (+ 3.16% yearly).

All of the property in NY averaged +104.32% change in value (+ 10.43% yearly).

Binghamton-NY

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation


Lets look at Bible School Park, New York, a city located in Binghamton, New York MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

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 $99,000.00 in 1995, you could multiply by + 31.55%, add the gain and see the home should be worth $130,234.50 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Binghamton-NY from 1995 to 2004:
+ 3.16%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1995 to 2004 were Springfield-IL, El-Paso-TX, Fayetteville-NC, Columbus-IN, and Florence-Muscle-Shoals-AL .

  1. Springfield-IL only increased + 26.16% between 1995 and 2004
  2. El-Paso-TX only increased + 27.37% between 1995 and 2004
  3. Fayetteville-NC only increased + 27.65% between 1995 and 2004
  4. Columbus-IN only increased + 28.72% between 1995 and 2004
  5. Florence-Muscle-Shoals-AL only increased + 29.33% between 1995 and 2004

The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .

  1. Midland-TX lost - 34.73% from 1982 to 1991
  2. Midland-TX lost - 31.11% from 1983 thru 1992
  3. Lafayette-LA lost - 22.75% from 1982 thru 1991
  4. Midland-TX lost - 22.05% from 1984 thru 1993
  5. Lafayette-LA lost - 21.25% from 1983 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