Allentown, PA - House Price Index (HPI)
Allentown Real Estate Market Forecast
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The House Price Index (HPI) shows changes in Allentown-Bethlehem-Easton, PA-NJ single family
home prices in
logarithmic scale. The March, 1995 index value equals 100.  Real estate forecasts,
analysis, statistics and appreciation rates are provided below.
10
Allentown Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  208.56
4th Quarter, 2017 Housing Statistics: Allentown, Pennsylvania


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      79%

LittleBigHomes.com publishes forecasts for the trend in home prices in 380
Metropolitan Statistical Areas. The House Price Trend will be either UP or
DOWN. The forecast for the trend in the Allentown housing market for the 12
months ending with the 4th Quarter of 2018 is UP. The Accuracy of the Trend
Projection for Allentown is 79%. In other words, when tested against historical
data, the forecasting methodology was correct 79% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Allentown is 79% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2018 than they were in the 4th
Quarter of 2017. Check this page each quarter for updates to the Allentown
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      70%

The forecast for the trend in the Allentown housing market for the 3 years
ending with the 4th Quarter of 2020 is UP. The Accuracy of the Trend
Prediction for Allentown is 70%. In other words, when tested against historical
data, the forecasting methodology was correct 70% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Allentown is 70% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 4th Quarter of 2020 than they were in the 4th
Quarter of 2017. Check this page each quarter for updates to the Allentown
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2017 Housing Data: Allentown, Pennsylvania


Historical Home Price Appreciation
Last Quarter                                     0.38%
Last Year . . . . . . . . . . . . . . . . . . . .  4.6%
Last 5 Years                                     12%
Last 10 Years . . . . . . . . . . . . . . . . . -10%
Last 20 Years                                   71%
Decline From All Time High               10.94%


Annual Home Price Appreciation Rates
1988      9.98%
1989      2.77%
1990      -3.99%
1991      1.38%
1992      1.24%
1993      0.26%
1994      -4.66%
1995      2.95%
1996      0.45%
1997      1.53%
1998      2.60%
1999      0.88%
2000      4.40%
2001      7.09%
2002      7.61%
2003      9.57%
2004      13.20%
2005      14.19%
2006      7.42%
2007      0.07%
2008      -5.79%
2009      -5.44%
2010      -2.23%
2011      -5.14%
2012      -1.99%
2013      -0.17%
2014      2.00%
2015      1.97%
2016      2.84%
2017      4.57%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.38%         Rank: 223 of 381 (41st Percentile)
Last Year  . . . . . . . . . . . . . . . .  4.6%           Rank: 225 of 381 (41st Percentile)
Last 5 Years                              12%            Rank: 277 of 381 (27th Percentile)
Last 10 Years  . . . . . . . . . . . .   -10%           Rank: 341 of 381 (10th Percentile)
Last 20 Years                            71%            Rank: 223 of 379 (41st Percentile)
Decline From All Time High        10.94%

The change in home prices for Allentown-Bethlehem-Easton, PA-NJ are shown
above for five time periods. For example: Allentown appreciated 0.38% in the
Last Quarter. At that rate, the Allentown Real Estate Market was ranked 223rd
out of 381 metropolitan Real Estate Markets. Allentown was in the 41st
percentile. So Allentown, PA performed better in the Last Quarter than 41% of
the 381 metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2017 Housing Statistics: Allentown, Pennsylvania

The data and analysis on this page pertains to Allentown-Bethlehem-Easton,
PA-NJ, hereinafter referred to as "Allentown". The all time high in the Allentown
Home Price Index was 201.4 in the 2nd Quarter, of 2007. The 4th Quarter,
2017 index value was 179.3. That's a decline of 22.02 points or 10.94% below
the Allentown Home Price Index all time high.  The Home Price Index indicates
that the Allentown Market is down 10% over the last 10 years. Home prices in
the Allentown Real Estate Market have gained 4.57% over the last 12 months.
Over the last thirty years, it is up 92%.

The 4th Quarter index value was 0.68 points higher than the 3rd Quarter, 2017
index value of 178.66, resulting in a 0.38% rise in the 4th Quarter for the
Allentown Market.

The Allentown Home Price Index has increased for the last 12 consecutive
quarters. The current record holders for consecutive increases in the Home
Price Index are Phoenix, AZ; Houston, TX and Boise City, ID, with increases in
the last 26 consecutive quarters. The current record holders for consecutive
declines in the Home Price Index are Victoria, TX; Topeka, KS; Texarkana,
TX-AR; Springfield, MA and Peoria, IL, with declines in the last 2 consecutive
quarters.

The highest annual change in the value of houses in the Allentown Real Estate
Market was 27% in the twelve months ended with the 4th Quarter of 1987. The
worst annual change in home values  in the Allentown Market was -12% in the
twelve months ended with the 1st Quarter of 1982.

The highest growth in home values in the Allentown Real Estate Market over a
three year period was 63% in the three years ended with the 2nd Quarter of
1988. The worst performance over a three year period in the Allentown Market
was -15% in the three years ended with the 2nd Quarter of 2011.

This page provides a long term graph of the Allentown Home Price Index
(above). For information about Pennsylvania home values, click Real Estate
Market Forecasts in the navigation bar at the top of this page.  You'll see long
term charts and analysis that will provide tremendous insight into the historical
trends of residential property values. Bookmark this page! Then
LittleBigHomes.com's detailed research and statistics about Allentown Home
Prices will be at your fingertips when you need them.

All calculations are based on the quarterly value of the House Price Index for
the Allentown Market. The terms House Price Index and Home Price Index, as
used in this site, refer to the Federal Housing Finance Agency (FHFA) House
Price Index.

Significant time is required to research quarterly sales price and appraisal data
from mortgage transactions in the Allentown Real Estate Market and hundreds
of other cities. As a result, Home Price data is not available for a number of
months after the end of each quarter.



Part 4: APPRECIATION RATES & RANKINGS
4th Quarter, 2017 Housing Data: Allentown, Pennsylvania

The trend of Allentown Home Prices relative to 380 other metropolitan areas is
detailed below. Each metropolitan area contains one or more cities. Five
different time periods are reviewed.  Each paragraph identifies the top and
bottom performing markets as well as the average and median performance for
all cities during each time period. The data and analysis on this page pertains
to Allentown-Bethlehem-Easton, PA-NJ, hereinafter referred to as "Allentown".

Last Quarter:
During the 4th Quarter of 2017, Allentown Home Prices had a rank of 223, with
appreciation of 0.38%. The top performing real estate market during the 4th
Quarter was Gadsden, AL, with a rise of 13.11%. The worst market during that
period was Hinesville, GA, with appreciation of -6.79%.
The median for all cities during the 4th Quarter was 0.75%. The average for all
markets during the quarter was 0.69%.

Last Year:
During the last 12 months, Allentown Home Prices had a rank of 225, with
appreciation during the year of 4.57%. The top performing market during the
last year was Sebastian, FL, with an increase of 16.4%. The worst real estate
market during that period was Goldsboro, NC, with appreciation of -6.9%.
The median for all markets during this period was 5.37%. The average was
5.53%.

Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2017, Allentown Home Prices
ranked 277, with a total appreciation of 11.6%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 94%.
The worst market during that period was Goldsboro, NC, with appreciation of
-5%.
The median for all cities during this time period was 19%. The average over the
5 years was 25%.

Last 10 Years:
During the 10 years ended in the 4th Quarter of 2017, Allentown Home Prices
had a rank of 341, with appreciation during the decade of -10%. The top
performing market during the period was Denver, CO, with a rise of 65%. The
worst real estate market during the 10 year time period was Atlantic City, NJ,
with appreciation of -27%.
The median for all markets during the last 10 years was 7%. The average for
the cities over that time frame was 8%.

Last 20 Years:
During the 20 years ended in the 4th Quarter of 2017, Allentown Home Prices
had a rank of 223, with total growth over the 20 year period of 71%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 280%. The worst market during the last 20 years was Saginaw, MI,
with appreciation of 18%.
The median for all cities during the last 20 years was 79%. The average for the
markets over that time frame was 89%.

Historical research data on the Home Price Index for the Allentown Real Estate
Market is available back to the 4th Quarter, of 1978. All calculations are based
on the quarterly value of the House Price Index for Allentown. Real estate
appreciation figures represent total net increase or decrease over each time
period. (Unless specifically stated, the figures do not represent annual or
quarterly rates of change.)



Data Source for Commentary & Charts: Federal Housing Finance Agency
Updated Wednesday, March 7, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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