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 + 24.44% (+ 8.15% yearly) from 2004 to 2006.

During the same time period, NY had + 29.84% (+ 9.95% yearly). From 2004 to 2006, 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

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2004 2 128.36 + 0.98% + 3.93%
2004 3 134.99 + 5.17% + 20.66%
2004 4 137.32 + 1.73% + 6.90%
2005 1 140.39 + 2.24% + 8.94%
2005 2 139.93 - 0.33% - 1.31%
2005 3 146.37 + 4.60% + 18.41%
2005 4 146.88 + 0.35% + 1.39%
2006 1 148.5 + 1.10% + 4.41%
2006 2 156.22 + 5.20% + 20.79%
2006 3 154.61 - 1.03% - 4.12%
2006 4 158.18 + 2.31% + 9.24%


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 Durhamville, 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 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 $110,000.00 in 2004, you could multiply by + 24.44%, add the gain and see the home should be worth $136,887.74 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Utica-Rome-NY from 2004 to 2006:
+ 8.15%

Appreciation Comparisons

The top 5 performing MSAs from 2004 to 2006 were Naples-Marco-Island-FL, Bakersfield-CA, Bend-OR, Phoenix-Mesa-Scottdale-AZ, and Visalia-Porterville-CA .

  1. Naples-Marco-Island-FL increased + 77.60% from 2004 to the end of 2006
  2. Bakersfield-CA increased + 77.49% from 2004 to the end of 2006
  3. Bend-OR increased + 75.09% from 2004 to the end of 2006
  4. Phoenix-Mesa-Scottdale-AZ increased + 75.00% from 2004 to the end of 2006
  5. Visalia-Porterville-CA increased + 73.18% from 2004 to the end of 2006

In contrast, the worst 5 MSAs from 2004 to 2006 were Saginaw-Saginaw-Township-North-MI, Kokomo-IN, Anderson-IN, Muncie-IN, and Lafayette-IN .

  1. Saginaw-Saginaw-Township-North-MI only increased + 0.82% between 2004 and 2006
  2. Kokomo-IN only increased + 0.99% between 2004 and 2006
  3. Anderson-IN only increased + 2.08% between 2004 and 2006
  4. Muncie-IN only increased + 2.23% between 2004 and 2006
  5. Lafayette-IN only increased + 2.44% between 2004 and 2006

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