Real Estate Appreciation for Rochester, New York: + 23.67%
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 + 23.67% (+ 2.63% yearly).
All of the property in NY averaged + 80.47% change in value (+ 8.94% yearly).
Rochester-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Rochester, New York include real estate investment .
Lets look at Albion, 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 Albion, New York Refinance, or Albion, New York Reverse Mortgages, you could estimate your home value.
If you knew your Albion, New York home was worth $98,000.00 in 1995, you could multiply by + 23.67%, add the gain and see the home should be worth $121,196.60 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Rochester-NY from 1995 to 2003:
+ 2.63%
Appreciation Comparisons
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
The top 5 performing MSAs from 1995 to 2003 were Barnstable-Town-MA, San-Diego-Carlsbad-San-Marcos-CA, San-Luis-Obispo-Paso-Robles-CA, Napa-CA, and Ocean-City-NJ .
- Barnstable-Town-MA increased +150.11% from 1995 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased +128.76% from 1995 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased +128.72% from 1995 to the end of 2003
- Napa-CA increased +125.56% from 1995 to the end of 2003
- Ocean-City-NJ increased +124.67% from 1995 to the end of 2003
Zip Code in MSA: 14411 - ALBION, NY
MSA Pop: 1041198Zip Pop: 14676
Avg Value: 68000
County: ORLEANS
Elev: 519
Region: Northeast
Lat: 43.240826
Long: -78.201533