Real Estate Appreciation for Rochester, New York: + 51.29%
Appreciation for MSAs:.
Let's start by comparing Rochester, New York to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 51.29% (+ 12.82% yearly) for the Rochester, New York MSA.
The entire state of NY had + 53.96% appreciation (+ 13.49% yearly).
The state average for New York was higher than the real estate appreciation in the Rochester, New York MSA. This means the conditions in the MSA for real estate investment were worse by + 5.21%.
Rochester-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1982 | 2 | 57.09 | + 7.96% | + 31.85% |
| 1982 | 3 | 59.41 | + 4.06% | + 16.26% |
| 1982 | 4 | 61.9 | + 4.19% | + 16.76% |
| 1983 | 1 | 63.05 | + 1.86% | + 7.43% |
| 1983 | 2 | 64.32 | + 2.01% | + 8.06% |
| 1983 | 3 | 65.41 | + 1.69% | + 6.78% |
| 1983 | 4 | 68.85 | + 5.26% | + 21.04% |
| 1984 | 1 | 68.13 | - 1.05% | - 4.18% |
| 1984 | 2 | 72.89 | + 6.99% | + 27.95% |
| 1984 | 3 | 72.66 | - 0.32% | - 1.26% |
| 1984 | 4 | 73.28 | + 0.85% | + 3.41% |
| 1985 | 1 | 75.4 | + 2.89% | + 11.57% |
| 1985 | 2 | 76.4 | + 1.33% | + 5.31% |
| 1985 | 3 | 79.3 | + 3.80% | + 15.18% |
| 1985 | 4 | 80 | + 0.88% | + 3.53% |
There are a lot of ways to use the appreciation data for Rochester, New York .
Lets look at South Butler, New York, a city located in Rochester, 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 South Butler, New York check out Spec-Loan.com
If you were going to do a South Butler, New York Refinance, or South Butler, New York Reverse Mortgages, you could estimate your home value.
If you knew your South Butler, New York home was worth $67,000.00 in 1982, you could multiply by + 51.29%, add the gain and see the home should be worth $101,361.57 in 1985. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Rochester-NY from 1982 to 1985:
+ 12.82%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1982 to 1985 were Grand-Junction-CO, Peoria-IL, Midland-TX, Lafayette-LA, and Houston-Sugar-Land-Baytown-TX .
- Grand-Junction-CO decreased by - 34.70% between 1982 and 1985
- Peoria-IL decreased by - 26.09% between 1982 and 1985
- Midland-TX decreased by - 20.59% between 1982 and 1985
- Lafayette-LA decreased by - 13.65% between 1982 and 1985
- Houston-Sugar-Land-Baytown-TX decreased by - 13.20% between 1982 and 1985
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 13154 - SOUTH BUTLER, NY
MSA Pop: 1041198Zip Pop: 0
Avg Value: 0
County: WAYNE
Elev: 403
Region: Northeast
Lat: 43.132088
Long: -76.762191