Appreciation for MSAs:.

Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.

  • Utica Rome, New York: - 5.89%
  • State of NY: + 1.78%
  • Difference: -431.24%

Utica-Rome-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1996 2 98.72 - 1.13% - 4.53%
1996 3 97.72 - 1.01% - 4.05%
1996 4 95.97 - 1.79% - 7.16%
1997 1 98.6 + 2.74% + 10.96%
1997 2 94.26 - 4.40% - 17.61%
1997 3 95.82 + 1.65% + 6.62%
1997 4 93.97 - 1.93% - 7.72%


There are a lot of ways to use the appreciation data for Utica Rome, New York .

Lets look at Durhamville, New York, a city located in Utica Rome, 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 Durhamville, New York check out Spec-Loan.com

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

If you knew your Durhamville, New York home was worth $93,000.00 in 1996, you could multiply by - 5.89%, add the gain and see the home should be worth $87,523.39 in 1997. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Utica-Rome-NY from 1996 to 1997:
- 2.94%

Appreciation Comparisons

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

The top 5 performing MSAs from 1996 to 1997 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Monroe-MI, and Muskegon-North-Shores-MI .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 18.65% from 1996 to the end of 1997
  2. Bay-City-MI increased + 14.57% from 1996 to the end of 1997
  3. Jackson-MI increased + 14.25% from 1996 to the end of 1997
  4. Monroe-MI increased + 14.01% from 1996 to the end of 1997
  5. Muskegon-North-Shores-MI increased + 13.83% from 1996 to the end of 1997

Zip Code in MSA: 13054 - DURHAMVILLE, NY

MSA Pop: 298077
Zip Pop: 2162
Avg Value: 76200
County: ONEIDA
Elev: 407
Region: Northeast
Lat: 43.1418
Long: -75.67002