Real Estate Appreciation for Binghamton, New York: + 70.82%
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 + 70.82% (+ 5.90% yearly).
All of the property in NY averaged +139.12% change in value (+ 11.59% yearly).
Binghamton-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 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 $101,000.00 in 1995, you could multiply by + 70.82%, add the gain and see the home should be worth $172,528.20 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Binghamton-NY from 1995 to 2006:
+ 5.90%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 2006 were Salinas-CA, Riverside-San-Bernardino-Ontario-CA, Ocean-City-NJ, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, and Oxnard-Thousand-Oaks-Ventura-CA .
- Salinas-CA increased +252.85% from 1995 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +235.41% from 1995 to the end of 2006
- Ocean-City-NJ increased +233.38% from 1995 to the end of 2006
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +229.46% from 1995 to the end of 2006
- Oxnard-Thousand-Oaks-Ventura-CA increased +221.92% from 1995 to the end of 2006
In contrast, the worst 5 MSAs from 1995 to 2006 were Lafayette-IN, Springfield-IL, Rochester-NY, Columbus-IN, and Fort-Wayne-IN .
- Lafayette-IN only increased + 32.66% between 1995 and 2006
- Springfield-IL only increased + 35.99% between 1995 and 2006
- Rochester-NY only increased + 37.45% between 1995 and 2006
- Columbus-IN only increased + 38.30% between 1995 and 2006
- Fort-Wayne-IN only increased + 41.07% between 1995 and 2006
Zip Code in MSA: 13743 - CANDOR, NY
MSA Pop: 251106Zip Pop: 3807
Avg Value: 61700
County: TIOGA
Elev: 817
Region: Northeast
Lat: 42.215772
Long: -76.337174