Real Estate Appreciation for Rochester, New York: + 26.77%
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 + 26.77% (+ 2.06% yearly) for the Rochester, New York MSA.
The entire state of NY had + 95.32% appreciation (+ 7.33% 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 +256.03%.
Rochester-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
1992-1995 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Rochester, New York .
Lets look at Caledonia, 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 Caledonia, New York check out Spec-Loan.com
If you were going to do a Caledonia, New York Refinance, or Caledonia, New York Reverse Mortgages, you could estimate your home value.
If you knew your Caledonia, New York home was worth $96,000.00 in 1992, you could multiply by + 26.77%, add the gain and see the home should be worth $121,701.53 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Rochester-NY from 1992 to 2004:
+ 2.06%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1992 to 2004 were Binghamton-NY, Rochester-NY, Utica-Rome-NY, Syracuse-NY, and Buffalo-Niagara-Falls-NY .
- Binghamton-NY only increased + 14.08% between 1992 and 2004
- Rochester-NY only increased + 26.77% between 1992 and 2004
- Utica-Rome-NY only increased + 29.13% between 1992 and 2004
- Syracuse-NY only increased + 31.10% between 1992 and 2004
- Buffalo-Niagara-Falls-NY only increased + 31.46% between 1992 and 2004
The worst perfoming MSAs ever for a 13 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Odessa-TX .
- Midland-TX lost - 29.46% from 1982 to 1994
- Midland-TX lost - 24.49% from 1983 thru 1995
- Midland-TX lost - 18.51% from 1984 thru 1996
- Odessa-TX lost - 15.99% from 1984 thru 1996
- Odessa-TX lost - 10.08% from 1985 thru 1997
Zip Code in MSA: 14423 - CALEDONIA, NY
MSA Pop: 1041198Zip Pop: 4953
Avg Value: 89600
County: LIVINGSTON
Elev: 596
Region: Northeast
Lat: 42.944528
Long: -77.842225