Decatur, AL - House Price Index (HPI)
Decatur Real Estate Market Forecast  (AL)
The House Price Index (HPI) shows changes in Decatur, AL 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.
Decatur Real Estate Market: Trend Outlook, Analysis & Statistics
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Commentary  1054.56
1st Quarter, 2018 Housing Statistics: Decatur, Alabama


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      65%

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 Decatur housing market for the 12
months ending with the 1st Quarter of 2019 is DOWN. The Accuracy of the
Trend Projection for Decatur is 65%. In other words, when tested against
historical data, the forecasting methodology was correct 65% of the time.
Accordingly, LittleBigHomes.com estimates that the probability for falling house
prices in Decatur is 65% during this period. If this Housing Market Forecast is
correct, home prices will be lower in the 1st Quarter of 2019 than they were in
the 1st Quarter of 2018. Check this page each quarter for updates to the
Decatur Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      77%

The forecast for the trend in the Decatur housing market for the 3 years ending
with the 1st Quarter of 2021 is DOWN. The Accuracy of the Trend Prediction for
Decatur is 77%. In other words, when tested against historical data, the
forecasting methodology was correct 77% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for falling house prices in
Decatur is 77% during this period. If this Housing Market Forecast is correct,
home values will be lower in the 1st Quarter of 2021 than they were in the 1st
Quarter of 2018. Check this page each quarter for updates to the Decatur Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
1st Quarter, 2018 Housing Data: Decatur, Alabama


Historical Home Price Appreciation
Last Quarter                                     -9.07%
Last Year . . . . . . . . . . . . . . . . . . . .  -2.6%
Last 5 Years                                     1%
Last 10 Years . . . . . . . . . . . . . . . . . -2%
Last 20 Years                                   38%
Decline From All Time High               9.07%


Annual Home Price Appreciation Rates
1988      -3.18%
1989      1.37%
1990      -1.37%
1991      4.37%
1992      4.42%
1993      1.66%
1994      -0.20%
1995      3.80%
1996      2.52%
1997      4.75%
1998      7.50%
1999      0.23%
2000      3.45%
2001      4.05%
2002      3.37%
2003      1.78%
2004      3.06%
2005      2.96%
2006      5.45%
2007      3.87%
2008      3.10%
2009      -1.55%
2010      0.84%
2011      -2.59%
2012      -0.52%
2013      -6.18%
2014      4.16%
2015      4.80%
2016      -1.41%
2017      9.17%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -9.07%        Rank: 380 of 381 (Bottom .20%)
Last Year  . . . . . . . . . . . . . . . .  -2.6%          Rank: 379 of 381 (Bottom .50%)
Last 5 Years                              1%              Rank: 373 of 381 (2nd Percentile)
Last 10 Years  . . . . . . . . . . . .   -2%            Rank: 306 of 381 (19th Percentile)
Last 20 Years                            38%            Rank: 349 of 379 (7th Percentile)
Decline From All Time High        9.07%

The change in home prices for Decatur, AL are shown above for five time
periods. For example: Decatur appreciated -9.07% in the Last Quarter. At that
rate, the Decatur Real Estate Market was ranked 380th out of 381 metropolitan
Real Estate Markets. Decatur was in the bottom .20%. So Decatur, AL
performed better in the Last Quarter than 0% of the 381 metropolitan areas
covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
1st Quarter, 2018 Housing Statistics: Decatur, Alabama

The all time high in the Decatur Home Price Index was 173.3 in the 4th Quarter,
of 2017. The 1st Quarter, 2018 index value was 157.6. That's a decline of
15.72 points or 9.07% below the Decatur Home Price Index all time high.  The
Home Price Index indicates that the Decatur Market is down 2% over the last 10
years. Home Prices in the Decatur Real Estate Market have lost 2.64% over the
last 12 months. Over the last thirty years, it is up 76%.

The 1st Quarter index value was 15.72 points lower than the 4th Quarter, 2017
index value of 173.29, resulting in a 9.07% decline for the 1st Quarter in the
Decatur Market.

The Decatur Home Price Index declined in the last quarter after increasing in
the previous quarter. The current record holders for consecutive declines in the
Home Price Index are Tallahassee, FL; Syracuse, NY; Sioux City, IA;
Shreveport, LA and Peoria, 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 27
consecutive quarters.

The highest annual change in the value of houses in the Decatur Real Estate
Market was 9% in the twelve months ended with the 4th Quarter of 2017. The
worst annual change in home values  in the Decatur Market was -6% in the
twelve months ended with the 4th Quarter of 2013.

The highest growth in home values in the Decatur Real Estate Market over a
three year period was 16% in the three years ended with the 1st Quarter of
2008. The worst performance over a three year period in the Decatur Market
was -9% in the three years ended with the 4th Quarter of 2013.

This page provides a long term graph of the Decatur Home Price Index (above).
For information about Alabama 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 Decatur 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 Decatur 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 Decatur 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
1st Quarter, 2018 Housing Data: Decatur, Alabama

The trend of Decatur 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 1st Quarter of 2018, Decatur Home Prices had a rank of 380, with
appreciation of -9.07%. The top performing real estate market during the 1st
Quarter was Goldsboro, NC, with a rise of 9.78%. The worst market during that
period was Cumberland, MD, with appreciation of -9.30%.
The median for all cities during the 1st Quarter was 1.15%. The average for all
markets during the quarter was 0.97%.

Last Year:
During the last 12 months, Decatur Home Prices had a rank of 379, with
appreciation during the year of -2.64%. The top performing market during the
last year was Boise City, ID, with an increase of 15.3%. The worst real estate
market during that period was Farmington, NM, with appreciation of -6.0%.
The median for all markets during this period was 5.97%. The average was
5.82%.

Last 5 Years:
Over the 5 years ended with the 1st Quarter of 2018, Decatur Home Prices
ranked 373, with a total appreciation of 1.3%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 90%.
The worst market during that period was Farmington, NM, with appreciation of
-4%.
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 1st Quarter of 2018, Decatur Home Prices
had a rank of 306, with appreciation during the decade of -2%. The top
performing market during the period was Denver, CO, with a rise of 69%. The
worst real estate market during the 10 year time period was Atlantic City, NJ,
with appreciation of -26%.
The median for all markets during the last 10 years was 8%. The average for
the cities over that time frame was 9%.

Last 20 Years:
During the 20 years ended in the 1st Quarter of 2018, Decatur Home Prices
had a rank of 349, with total growth over the 20 year period of 38%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 282%. The worst market during the last 20 years was Rockford, IL,
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 88%.

Historical research data on the Home Price Index for the Decatur Real Estate
Market is available back to the 2nd Quarter, of 1987. All calculations are based
on the quarterly value of the House Price Index for Decatur. 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, June 20, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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