Real Estate Appreciation for Rochester, New York: + 3.81%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Rochester, New York MSA appreciated + 3.81% (+ 0.63% yearly) between 1993 and the end of 1998.
The state of NY had + 8.82% total appreciation (+ 1.47% 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 than the state as a whole. The state appreaciated +131.74% faster than this MSA.
Rochester-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1995-1998 Quarterly Detailed Appreciation
Lets look at Medina, New York, a city located in Rochester, New York MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Medina, New York Refinance, or Medina, New York Reverse Mortgages, you could estimate your home value.
If you knew your Medina, New York home was worth $91,000.00 in 1993, you could multiply by + 3.81%, add the gain and see the home should be worth $94,463.55 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Rochester-NY from 1993 to 1998:
+ 0.63%
Appreciation Comparisons
For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Merced-CA increased +172.57% from 2000 thru 2005
- Modesto-CA increased +166.23% from 2000 thru 2005
- Worcester-MA increased +164.50% from 1982 thru 1987
- Yuba-City-CA increased +164.17% from 2000 thru 2005
- San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981
The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .
- Lafayette-LA lost - 42.13% from 1983 to 1988
- Lafayette-LA lost - 37.78% from 1982 thru 1987
- Casper-WY lost - 37.50% from 1983 thru 1988
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
Zip Code in MSA: 14103 - MEDINA, NY
MSA Pop: 1041198Zip Pop: 11612
Avg Value: 64900
County: ORLEANS
Elev: 519
Region: Northeast
Lat: 43.217648
Long: -78.384671