Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Binghamton, New York MSA appreciated + 10.00% (+ 3.33% yearly) for the period between 1999 and the end of 2001.

The state had + 27.75% total appreciation (+ 9.25% yearly). The state average for New York was higher than the real estate appreciation in the Binghamton, New York MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated +177.44% faster than this MSA.

Binghamton-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2001 1 116.43 + 2.63% + 10.51%
2001 2 117 + 0.49% + 1.96%
2001 3 115.64 - 1.16% - 4.65%
2001 4 120 + 3.77% + 15.08%


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 Apalachin, 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 Apalachin, New York Refinance, or Apalachin, New York Reverse Mortgages, you could estimate your home value.

If you knew your Apalachin, New York home was worth $100,000.00 in 1999, you could multiply by + 10.00%, add the gain and see the home should be worth $110,000.92 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Binghamton-NY from 1999 to 2001:
+ 3.33%

Appreciation Comparisons

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 13732 - APALACHIN, NY

MSA Pop: 251106
Zip Pop: 8380
Avg Value: 88000
County: TIOGA
Elev: 817
Region: Northeast
Lat: 42.056725
Long: -76.137123