Huntington, WV - House Price Index (HPI)
Huntington Real Estate Market Forecast
The House Price Index (HPI) shows changes in Huntington-Ashland, WV-KY-OH 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.
Huntington Real Estate Market: Trend Outlook, Analysis & Statistics
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Commentary  359.56
4th Quarter, 2017 Housing Statistics: Huntington, West Virginia


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      80%

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 Huntington housing market for the 12
months ending with the 4th Quarter of 2018 is DOWN. The Accuracy of the
Trend Projection for Huntington is 80%. In other words, when tested against
historical data, the forecasting methodology was correct 80% of the time.
Accordingly, LittleBigHomes.com estimates that the probability for falling house
prices in Huntington is 80% during this period. If this Housing Market Forecast is
correct, home prices will be lower in the 4th Quarter of 2018 than they were in
the 4th Quarter of 2017. Check this page each quarter for updates to the
Huntington Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      86%

The forecast for the trend in the Huntington housing market for the 3 years
ending with the 4th Quarter of 2020 is DOWN. The Accuracy of the Trend
Prediction for Huntington is 86%. In other words, when tested against historical
data, the forecasting methodology was correct 86% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for falling house prices in
Huntington is 86% during this period. If this Housing Market Forecast is correct,
home values will be lower in the 4th Quarter of 2020 than they were in the 4th
Quarter of 2017. Check this page each quarter for updates to the Huntington
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2017 Housing Data: Huntington, West Virginia


Historical Home Price Appreciation
Last Quarter                                     -2.28%
Last Year . . . . . . . . . . . . . . . . . . . .  -2.6%
Last 5 Years                                     3%
Last 10 Years . . . . . . . . . . . . . . . . . 8%
Last 20 Years                                   55%
Decline From All Time High               3.42%


Annual Home Price Appreciation Rates
1988      -0.71%
1989      3.22%
1990      3.37%
1991      2.00%
1992      6.85%
1993      4.13%
1994      1.95%
1995      9.06%
1996      1.91%
1997      3.42%
1998      4.93%
1999      0.06%
2000      4.29%
2001      4.52%
2002      3.93%
2003      2.33%
2004      5.92%
2005      4.90%
2006      3.27%
2007      3.33%
2008      1.35%
2009      -0.40%
2010      1.31%
2011      0.91%
2012      0.95%
2013      -0.81%
2014      2.60%
2015      0.68%
2016      3.45%
2017      -2.60%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -2.28%        Rank: 361 of 381 (5th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -2.6%          Rank: 377 of 381 (1st Percentile)
Last 5 Years                              3%              Rank: 365 of 381 (4th Percentile)
Last 10 Years  . . . . . . . . . . . .   8%              Rank: 177 of 381 (53rd Percentile)
Last 20 Years                            55%            Rank: 293 of 379 (22nd Percentile)
Decline From All Time High        3.42%

The change in home prices for Huntington-Ashland, WV-KY-OH are shown
above for five time periods. For example: Huntington appreciated -2.28% in the
Last Quarter. At that rate, the Huntington Real Estate Market was ranked 361st
out of 381 metropolitan Real Estate Markets. Huntington was in the 5th
percentile. So Huntington, WV performed better in the Last Quarter than 5% of
the 381 metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2017 Housing Statistics: Huntington, West Virginia

The data and analysis on this page pertains to Huntington-Ashland,
WV-KY-OH, hereinafter referred to as "Huntington". The all time high in the
Huntington Home Price Index was 177.7 in the 2nd Quarter, of 2017. The 4th
Quarter, 2017 index value was 171.6. That's a decline of 6.07 points or 3.42%
below the Huntington Home Price Index all time high.  The Home Price Index
indicates that the Huntington Market is up 8% over the last 10 years. Home
Prices in the Huntington Real Estate Market have lost 2.60% over the last 12
months. Over the last thirty years, it is up 119%.

The 4th Quarter index value was 4.00 points lower than the 3rd Quarter, 2017
index value of 175.64, resulting in a 2.28% decline for the 4th Quarter in the
Huntington Market.

The Huntington Home Price Index has declined for the last 2 consecutive
quarters. That makes Huntington the current record holder for consecutive
quarterly declines in the Home Price Index (along with Victoria, TX; Topeka, KS;
Texarkana, TX-AR and Springfield, MA; which also had 2 consecutive quarterly
declines). 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 highest annual change in the value of houses in the Huntington Real
Estate Market was 9% in the twelve months ended with the 4th Quarter of 1995.
The worst annual change in home values  in the Huntington Market was -4% in
the twelve months ended with the 3rd Quarter of 1991.

The highest growth in home values in the Huntington Real Estate Market over a
three year period was 20% in the three years ended with the 3rd Quarter of
1995. The worst performance over a three year period in the Huntington Market
was -1% in the three years ended with the 1st Quarter of 2014.

This page provides a long term graph of the Huntington Home Price Index
(above). For information about West Virginia 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 Huntington 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 Huntington 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 Huntington 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: Huntington, West Virginia

The trend of Huntington 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 Huntington-Ashland, WV-KY-OH, hereinafter referred to as "Huntington".

Last Quarter:
During the 4th Quarter of 2017, Huntington Home Prices had a rank of 361, with
appreciation of -2.28%. 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, Huntington Home Prices had a rank of 377, with
appreciation during the year of -2.60%. 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, Huntington Home Prices
ranked 365, with a total appreciation of 3.2%. 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, Huntington Home Prices
had a rank of 177, with appreciation during the decade of 8%. 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, Huntington Home Prices
had a rank of 293, with total growth over the 20 year period of 55%. 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 Huntington Real Estate
Market is available back to the 3rd Quarter, of 1988. All calculations are based
on the quarterly value of the House Price Index for Huntington. 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 Tuesday, March 27, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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