Real Estate Appreciation for Rochester, New York: + 32.91%
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 + 32.91% (+ 3.66% yearly).
All of the property in NY averaged +123.87% change in value (+ 13.76% yearly).
Rochester-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Rochester, New York .
Lets look at Albion, 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 Albion, 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 $102,000.00 in 1997, you could multiply by + 32.91%, add the gain and see the home should be worth $135,563.16 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Rochester-NY from 1997 to 2005:
+ 3.66%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 2005 were Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, Merced-CA, and Vallejo-Fairfield-CA .
- Salinas-CA increased +251.65% from 1997 to the end of 2005
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 to the end of 2005
- Napa-CA increased +217.91% from 1997 to the end of 2005
- Merced-CA increased +217.12% from 1997 to the end of 2005
- Vallejo-Fairfield-CA increased +213.81% from 1997 to the end of 2005
In contrast, the worst 5 MSAs from 1997 to 2005 were Lafayette-IN, Springfield-IL, Columbus-IN, Jonesboro-AR, and Ogden-Clearfield-UT .
- Lafayette-IN only increased + 22.26% between 1997 and 2005
- Springfield-IL only increased + 23.03% between 1997 and 2005
- Columbus-IN only increased + 24.75% between 1997 and 2005
- Jonesboro-AR only increased + 28.13% between 1997 and 2005
- Ogden-Clearfield-UT only increased + 28.52% between 1997 and 2005
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