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 + 16.23% (+ 4.06% yearly).

All of the property in NY averaged + 27.84% change in value (+ 6.96% yearly).

Binghamton-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 99.27 + 1.70% + 6.80%
1997 3 99.87 + 0.60% + 2.42%
1997 4 100.52 + 0.65% + 2.60%
1998 1 104.24 + 3.70% + 14.80%
1998 2 105.94 + 1.63% + 6.52%
1998 3 107.2 + 1.19% + 4.76%
1998 4 107.58 + 0.35% + 1.42%
1999 1 109.09 + 1.40% + 5.61%
1999 2 111.52 + 2.23% + 8.91%
1999 3 108.17 - 3.00% - 12.02%
1999 4 109.91 + 1.61% + 6.43%
2000 1 107.41 - 2.27% - 9.10%
2000 2 110.47 + 2.85% + 11.40%
2000 3 112.3 + 1.66% + 6.63%
2000 4 113.45 + 1.02% + 4.10%


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

Lets look at Barton, 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 Barton, New York check out Spec-Loan.com

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

If you knew your Barton, New York home was worth $97,000.00 in 1997, you could multiply by + 16.23%, add the gain and see the home should be worth $112,741.01 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Binghamton-NY from 1997 to 2000:
+ 4.06%

Appreciation Comparisons

The worst 5 MSAs from 1997 to 2000 were Honolulu-HI, Williamsport-PA, Buffalo-Niagara-Falls-NY, Lewiston-ID-WA, and Midland-TX .

  1. Honolulu-HI decreased by - 1.70% between 1997 and 2000
  2. Williamsport-PA only increased + 2.60% between 1997 and 2000
  3. Buffalo-Niagara-Falls-NY only increased + 3.06% between 1997 and 2000
  4. Lewiston-ID-WA only increased + 3.08% between 1997 and 2000
  5. Midland-TX only increased + 3.25% between 1997 and 2000

For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 13734 - BARTON, NY

MSA Pop: 251106
Zip Pop: 2511
Avg Value: 65000
County: TIOGA
Elev: 817
Region: Northeast
Lat: 42.077464
Long: -76.406476