Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Buffalo Niagara Falls, New York did compared to the state as a whole.

The Buffalo Niagara Falls, New York MSA property value change was + 3.92% (+ 1.31% yearly).

All of the property in NY averaged + 6.85% change in value (+ 2.28% yearly).

Buffalo-Niagara-Falls-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1995 2 101.64 + 1.64% + 6.56%
1995 3 103.35 + 1.68% + 6.73%
1995 4 103.99 + 0.62% + 2.48%
1996 1 106.24 + 2.16% + 8.65%
1996 2 104.44 - 1.69% - 6.78%
1996 3 102.88 - 1.49% - 5.97%
1996 4 102.87 - 0.01% - 0.04%
1997 1 103.61 + 0.72% + 2.88%
1997 2 102.22 - 1.34% - 5.37%
1997 3 103.42 + 1.17% + 4.70%
1997 4 103.92 + 0.48% + 1.93%


If you need information on Hard Money Rehab Loans in Akron, New York look at Spec-Loan.com

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

If you knew your Akron, New York home was worth $92,000.00 in 1995, you could multiply by + 3.92%, add the gain and see the home should be worth $95,606.40 in 1997. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Buffalo-Niagara-Falls-NY from 1995 to 1997:
+ 1.31%

Appreciation Comparisons

The top 5 performing MSAs from 1995 to 1997 were Bay-City-MI, Ogden-Clearfield-UT, Salt-Lake-City-UT, Battle-Creek-MI, and Portland-Vancouver-Beaverton-OR-WA .

  1. Bay-City-MI increased + 25.65% from 1995 to the end of 1997
  2. Ogden-Clearfield-UT increased + 25.40% from 1995 to the end of 1997
  3. Salt-Lake-City-UT increased + 24.43% from 1995 to the end of 1997
  4. Battle-Creek-MI increased + 24.38% from 1995 to the end of 1997
  5. Portland-Vancouver-Beaverton-OR-WA increased + 23.69% from 1995 to the end of 1997

In contrast, the worst 5 MSAs from 1995 to 1997 were Honolulu-HI, Utica-Rome-NY, Odessa-TX, Laredo-TX, and Madera-CA .

  1. Honolulu-HI decreased by - 12.82% between 1995 and 1997
  2. Utica-Rome-NY decreased by - 6.03% between 1995 and 1997
  3. Odessa-TX decreased by - 0.73% between 1995 and 1997
  4. Laredo-TX decreased by - 0.27% between 1995 and 1997
  5. Madera-CA decreased by - 0.18% between 1995 and 1997

Zip Code in MSA: 14001 - AKRON, NY

MSA Pop: 1159443
Zip Pop: 9289
Avg Value: 93900
County: ERIE
Elev: 583
Region: Northeast
Lat: 43.019552
Long: -78.510341