Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Utica Rome, New York MSA appreciation it was + 6.45% (+ 0.81% yearly) from 1994 to 2001.

During the same time period, NY had + 38.77% (+ 4.85% yearly). From 1994 to 2001, New York outperformed the individual Utica Rome, New York MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Utica-Rome-NY

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Alder Creek, New York click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Utica Rome, New York.

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

If you knew your Alder Creek, New York home was worth $95,000.00 in 1994, you could multiply by + 6.45%, add the gain and see the home should be worth $101,131.04 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Utica-Rome-NY from 1994 to 2001:
+ 0.81%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 2001 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, Barnstable-Town-MA, and Boulder-CO .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased +101.92% from 1994 to the end of 2001
  2. Santa-Cruz-Watsonville-CA increased + 90.40% from 1994 to the end of 2001
  3. Denver-Aurora-CO increased + 90.13% from 1994 to the end of 2001
  4. Barnstable-Town-MA increased + 84.94% from 1994 to the end of 2001
  5. Boulder-CO increased + 84.59% from 1994 to the end of 2001

In contrast, the worst 5 MSAs from 1994 to 2001 were Honolulu-HI, Utica-Rome-NY, Glens-Falls-NY, Albany-Schenectady-Troy-NY, and Syracuse-NY .

  1. Honolulu-HI decreased by - 7.06% between 1994 and 2001
  2. Utica-Rome-NY only increased + 6.45% between 1994 and 2001
  3. Glens-Falls-NY only increased + 6.82% between 1994 and 2001
  4. Albany-Schenectady-Troy-NY only increased + 6.99% between 1994 and 2001
  5. Syracuse-NY only increased + 7.38% between 1994 and 2001

Zip Code in MSA: 13301 - ALDER CREEK, NY

MSA Pop: 298077
Zip Pop: 219
Avg Value: 57500
County: ONEIDA
Elev: 407
Region: Northeast
Lat: 43.416954
Long: -75.214047