Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Utica Rome, New York MSA appreciated - 11.75% (- 2.35% yearly) between 1993 and the end of 1997.

The state of NY had + 3.46% total appreciation (+ 0.69% yearly). The state average for New York was higher than the real estate appreciation in the Utica Rome, 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 -129.44% faster than this MSA.

Utica-Rome-NY

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1994-1997 Quarterly Detailed Appreciation


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If you were going to do a North Bay, New York Refinance, or North Bay, New York Reverse Mortgages, you could estimate your home value.

If you knew your North Bay, New York home was worth $90,000.00 in 1993, you could multiply by - 11.75%, add the gain and see the home should be worth $79,426.18 in 1997. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Utica-Rome-NY from 1993 to 1997:
- 2.35%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Grand-Junction-CO lost - 30.66% from 1982 thru 1986
  2. Anchorage-AK lost - 30.21% from 1985 thru 1989

Zip Code in MSA: 13123 - NORTH BAY, NY

MSA Pop: 298077
Zip Pop: 0
Avg Value: 0
County: ONEIDA
Elev: 407
Region: Northeast
Lat: 43.23
Long: -75.748611