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 + 34.77% (+ 4.35% yearly).

All of the property in NY averaged + 97.45% change in value (+ 12.18% 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


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

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

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 $101,000.00 in 1997, you could multiply by + 34.77%, add the gain and see the home should be worth $136,118.74 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Binghamton-NY from 1997 to 2004:
+ 4.35%

Appreciation Comparisons

The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .

  1. Midland-TX lost - 34.76% from 1982 to 1989
  2. Midland-TX lost - 32.81% from 1983 thru 1990
  3. Casper-WY lost - 31.76% from 1983 thru 1990
  4. Lafayette-LA lost - 31.61% from 1981 thru 1988
  5. Lafayette-LA lost - 30.68% from 1982 thru 1989

The top 5 performing MSAs from 1997 to 2004 were San-Diego-Carlsbad-San-Marcos-CA, Salinas-CA, Napa-CA, Barnstable-Town-MA, and San-Luis-Obispo-Paso-Robles-CA .

  1. San-Diego-Carlsbad-San-Marcos-CA increased +186.77% from 1997 to the end of 2004
  2. Salinas-CA increased +182.20% from 1997 to the end of 2004
  3. Napa-CA increased +169.41% from 1997 to the end of 2004
  4. Barnstable-Town-MA increased +166.30% from 1997 to the end of 2004
  5. San-Luis-Obispo-Paso-Robles-CA increased +164.73% from 1997 to the end of 2004

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