Casper, WY - House Price Index (HPI)
Casper Real Estate Market Forecast
The House Price Index (HPI) shows changes in Casper, WY 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.
Casper Real Estate Market: Trend Outlook, Analysis & Statistics
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Commentary  27644
3rd Quarter, 2017 Housing Statistics: Casper, Wyoming


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      85%

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 Casper housing market for the 12
months ending with the 3rd Quarter of 2018 is DOWN. The Accuracy of the
Trend Projection for Casper is 85%. In other words, when tested against
historical data, the forecasting methodology was correct 85% of the time.
Accordingly, LittleBigHomes.com estimates that the probability for falling house
prices in Casper is 85% during this period. If this Housing Market Forecast is
correct, home prices will be lower in the 3rd Quarter of 2018 than they were in
the 3rd Quarter of 2017. Check this page each quarter for updates to the
Casper Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      84%

The forecast for the trend in the Casper housing market for the 3 years ending
with the 3rd Quarter of 2020 is DOWN. The Accuracy of the Trend Prediction
for Casper is 84%. In other words, when tested against historical data, the
forecasting methodology was correct 84% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for falling house prices in
Casper is 84% during this period. If this Housing Market Forecast is correct,
home values will be lower in the 3rd Quarter of 2020 than they were in the 3rd
Quarter of 2017. Check this page each quarter for updates to the Casper Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2017 Housing Data: Casper, Wyoming


Historical Home Price Appreciation
Last Quarter                                     -0.63%
Last Year . . . . . . . . . . . . . . . . . . . .  -3.1%
Last 5 Years                                     10%
Last 10 Years . . . . . . . . . . . . . . . . . 8%
Last 20 Years                                   143%
Decline From All Time High               5.15%


Annual Home Price Appreciation Rates
1987      -11.34%
1988      8.30%
1989      3.71%
1990      5.81%
1991      8.30%
1992      7.21%
1993      10.41%
1994      8.45%
1995      9.41%
1996      3.85%
1997      2.31%
1998      4.13%
1999      3.64%
2000      4.91%
2001      5.38%
2002      9.34%
2003      9.63%
2004      13.81%
2005      14.16%
2006      11.97%
2007      6.43%
2008      -0.43%
2009      -3.69%
2010      -0.10%
2011      0.53%
2012      3.46%
2013      5.54%
2014      4.27%
2015      1.41%
2016      -2.87%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -0.63%        Rank: 332 of 381 (12th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -3.1%          Rank: 377 of 381 (1st Percentile)
Last 5 Years                              10%            Rank: 298 of 381 (21st Percentile)
Last 10 Years  . . . . . . . . . . . .   8%              Rank: 164 of 381 (57th Percentile)
Last 20 Years                            143%          Rank: 43 of 379 (88th Percentile)
Decline From All Time High        5.15%

The change in home prices for Casper, WY are shown above for five time
periods. For example: Casper appreciated -0.63% in the Last Quarter. At that
rate, the Casper Real Estate Market was ranked 332nd out of 381 metropolitan
Real Estate Markets. Casper was in the 12th percentile. So Casper, WY
performed better in the Last Quarter than 12% of the 381 metropolitan areas
covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2017 Housing Statistics: Casper, Wyoming

The all time high in the Casper Home Price Index was 285.1 in the 3rd Quarter,
of 2015. The 3rd Quarter, 2017 index value was 270.5. That's a decline of
14.67 points or 5.15% below the Casper Home Price Index all time high.  The
Home Price Index indicates that the Casper Market is up 8% over the last 10
years. Home Prices in the Casper Real Estate Market have lost 3.13% over the
last 12 months. Over the last thirty years, it is up 335%.

The 3rd Quarter index value was 1.71 points lower than the 2nd Quarter, 2017
index value of 272.17, resulting in a 0.63% decline for the 3rd Quarter in the
Casper Market.

The Casper Home Price Index declined in the last quarter after increasing in the
previous quarter. The current record holder for consecutive declines in the
Home Price Index is Carbondale, IL, with declines in the last 3 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 25 consecutive quarters.

The highest annual change in the value of houses in the Casper Real Estate
Market was 15% in the twelve months ended with the 1st Quarter of 2006. The
worst annual change in home values  in the Casper Market was -21% in the
twelve months ended with the 2nd Quarter of 1987.

The highest growth in home values in the Casper Real Estate Market over a
three year period was 46% in the three years ended with the 2nd Quarter of
2007. The worst performance over a three year period in the Casper Market
was -31% in the three years ended with the 2nd Quarter of 1988.

This page provides a long term graph of the Casper Home Price Index (above).
For information about Wyoming 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 Casper 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 Casper 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 Casper 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
3rd Quarter, 2017 Housing Data: Casper, Wyoming

The trend of Casper 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.

Last Quarter:
During the 3rd Quarter of 2017, Casper Home Prices had a rank of 332, with
appreciation of -0.63%. The top performing real estate market during the 3rd
Quarter was Pine Bluff, AR, with a rise of 7.86%. The worst market during that
period was Weirton, OH, with appreciation of -9.33%.
The median for all cities during the 3rd Quarter was 1.52%. The average for all
markets during the quarter was 1.39%.

Last Year:
During the last 12 months, Casper Home Prices had a rank of 377, with
appreciation during the year of -3.13%. The top performing market during the
last year was Seattle, WA, with an increase of 14.2%. The worst real estate
market during that period was Lawton, OK, with appreciation of -7.3%.
The median for all markets during this period was 5.41%. The average was
5.42%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2017, Casper Home Prices
ranked 298, with a total appreciation of 9.6%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 95%.
The worst market during that period was Lawton, OK, with appreciation of -7%.
The median for all cities during this time period was 20%. The average over the
5 years was 26%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2017, Casper Home Prices
had a rank of 164, with appreciation during the decade of 8%. The top
performing market during the period was Denver, CO, with a rise of 63%. The
worst real estate market during the 10 year time period was Atlantic City, NJ,
with appreciation of -28%.
The median for all markets during the last 10 years was 5%. The average for
the cities over that time frame was 7%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2017, Casper Home Prices
had a rank of 43, with total growth over the 20 year period of 143%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 283%. The worst market during the last 20 years was Mansfield,
OH, with appreciation of 20%.
The median for all cities during the last 20 years was 80%. The average for the
markets over that time frame was 89%.

Historical research data on the Home Price Index for the Casper Real Estate
Market is available back to the 4th Quarter, of 1982. All calculations are based
on the quarterly value of the House Price Index for Casper. 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, December 13, 2017.
SignalTrend  Inc. 2008 - 2017; All rights reserved.


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