Real Estate Appreciation for Syracuse, New York: + 7.42%
Appreciation for MSAs:.
Let's start by comparing Syracuse, 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 + 7.42% (+ 0.74% yearly) for the Syracuse, New York MSA.
The entire state of NY had + 38.60% appreciation (+ 3.86% yearly).
The state average for New York was higher than the real estate appreciation in the Syracuse, New York MSA. This means the conditions in the MSA for real estate investment were worse by +420.50%.
Syracuse-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
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 Syracuse, New York .
Lets look at Baldwinsville, New York, a city located in Syracuse, 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 Baldwinsville, New York check out Spec-Loan.com
If you were going to do a Baldwinsville, New York Refinance, or Baldwinsville, New York Reverse Mortgages, you could estimate your home value.
If you knew your Baldwinsville, New York home was worth $93,000.00 in 1992, you could multiply by + 7.42%, add the gain and see the home should be worth $99,896.53 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Syracuse-NY from 1992 to 2001:
+ 0.74%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1992 to 2001 were Honolulu-HI, Binghamton-NY, Albany-Schenectady-Troy-NY, Utica-Rome-NY, and Syracuse-NY .
- Honolulu-HI decreased by - 5.38% between 1992 and 2001
- Binghamton-NY only increased + 4.07% between 1992 and 2001
- Albany-Schenectady-Troy-NY only increased + 6.45% between 1992 and 2001
- Utica-Rome-NY only increased + 7.18% between 1992 and 2001
- Syracuse-NY only increased + 7.42% between 1992 and 2001
The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .
- Midland-TX lost - 34.73% from 1982 to 1991
- Midland-TX lost - 31.11% from 1983 thru 1992
- Lafayette-LA lost - 22.75% from 1982 thru 1991
- Midland-TX lost - 22.05% from 1984 thru 1993
- Lafayette-LA lost - 21.25% from 1983 thru 1992
Zip Code in MSA: 13027 - BALDWINSVILLE, NY
MSA Pop: 654194Zip Pop: 29108
Avg Value: 90100
County: ONONDAGA
Elev: 398
Region: Northeast
Lat: 43.165123
Long: -76.336561