Real Estate Appreciation for Rochester, New York: + 6.64%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Rochester, New York did compared to the state as a whole.
The Rochester, New York MSA property value change was + 6.64% (+ 1.66% yearly).
All of the property in NY averaged + 12.39% change in value (+ 3.10% yearly).
Rochester-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 101.32 | + 1.32% | + 5.28% |
| 1995 | 3 | 102.12 | + 0.79% | + 3.16% |
| 1995 | 4 | 102.73 | + 0.60% | + 2.39% |
| 1996 | 1 | 103.77 | + 1.01% | + 4.05% |
| 1996 | 2 | 103.01 | - 0.73% | - 2.93% |
| 1996 | 3 | 101.76 | - 1.21% | - 4.85% |
| 1996 | 4 | 101.62 | - 0.14% | - 0.55% |
| 1997 | 1 | 101.96 | + 0.33% | + 1.34% |
| 1997 | 2 | 101.61 | - 0.34% | - 1.37% |
| 1997 | 3 | 102.66 | + 1.03% | + 4.13% |
| 1997 | 4 | 103.48 | + 0.80% | + 3.20% |
| 1998 | 1 | 105.06 | + 1.53% | + 6.11% |
| 1998 | 2 | 105.33 | + 0.26% | + 1.03% |
| 1998 | 3 | 105.41 | + 0.08% | + 0.30% |
| 1998 | 4 | 106.64 | + 1.17% | + 4.67% |
Some of the ways peope use our appreciation data for Rochester, New York include real estate investment .
Lets look at South Butler, New York, a city located in Rochester, New York MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $93,000.00 in 1995, you could multiply by + 6.64%, add the gain and see the home should be worth $99,175.20 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Rochester-NY from 1995 to 1998:
+ 1.66%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Battle-Creek-MI, and Ogden-Clearfield-UT .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 38.22% from 1995 to the end of 1998
- Bay-City-MI increased + 32.31% from 1995 to the end of 1998
- Jackson-MI increased + 31.57% from 1995 to the end of 1998
- Battle-Creek-MI increased + 30.77% from 1995 to the end of 1998
- Ogden-Clearfield-UT increased + 30.59% from 1995 to the end of 1998
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
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