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  27743
3rd Quarter, 2017 Housing Statistics: Huntington, West Virginia


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      78%

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 3rd Quarter of 2018 is UP. The Accuracy of the Trend
Projection for Huntington is 78%. In other words, when tested against historical
data, the forecasting methodology was correct 78% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Huntington is 78% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 3rd Quarter of 2018 than they were in the 3rd
Quarter of 2017. Check this page each quarter for updates to the Huntington
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      84%

The forecast for the trend in the Huntington housing market for the 3 years
ending with the 3rd Quarter of 2020 is UP. The Accuracy of the Trend
Prediction for Huntington 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 rising house prices in
Huntington is 84% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 3rd Quarter of 2020 than they were in the 3rd
Quarter of 2017. Check this page each quarter for updates to the Huntington
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2017 Housing Data: Huntington, West Virginia


Historical Home Price Appreciation
Last Quarter                                     -1.62%
Last Year . . . . . . . . . . . . . . . . . . . .  1.0%
Last 5 Years                                     6%
Last 10 Years . . . . . . . . . . . . . . . . . 10%
Last 20 Years                                   62%
Decline From All Time High               1.62%


Annual Home Price Appreciation Rates
1987        n/a
1988      -0.85%
1989      3.41%
1990      3.36%
1991      2.01%
1992      6.85%
1993      4.07%
1994      1.83%
1995      9.22%
1996      1.85%
1997      3.37%
1998      5.09%
1999      0.03%
2000      4.35%
2001      4.54%
2002      3.74%
2003      2.43%
2004      5.97%
2005      4.86%
2006      3.26%
2007      3.30%
2008      1.37%
2009      -0.38%
2010      1.33%
2011      0.82%
2012      1.14%
2013      -0.78%
2014      2.42%
2015      1.09%
2016      3.23%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -1.62%        Rank: 357 of 381 (6th Percentile)
Last Year  . . . . . . . . . . . . . . . .  1.0%           Rank: 347 of 381 (8th Percentile)
Last 5 Years                              6%              Rank: 348 of 381 (8th Percentile)
Last 10 Years  . . . . . . . . . . . .   10%            Rank: 140 of 381 (63rd Percentile)
Last 20 Years                            62%            Rank: 271 of 379 (28th Percentile)
Decline From All Time High        1.62%

The change in home prices for Huntington-Ashland, WV-KY-OH are shown
above for five time periods. For example: Huntington appreciated -1.62% in the
Last Quarter. At that rate, the Huntington Real Estate Market was ranked 357th
out of 381 metropolitan Real Estate Markets. Huntington was in the 6th
percentile. So Huntington, WV performed better in the Last Quarter than 6% of
the 381 metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd 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 178.8 in the 2nd Quarter, of 2017. The 3rd
Quarter, 2017 index value was 175.9. That's a decline of 2.90 points or 1.62%
below the Huntington Home Price Index all time high.  The Home Price Index
indicates that the Huntington Market is up 10% over the last 10 years. Home
prices in the Huntington Real Estate Market have gained 1.01% over the last 12
months. Over the last thirty years, it is up 127%.

The 3rd Quarter index value was 2.90 points lower than the 2nd Quarter, 2017
index value of 178.76, resulting in a 1.62% decline for the 3rd Quarter in the
Huntington Market.

The Huntington 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 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
3rd 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 3rd Quarter of 2017, Huntington Home Prices had a rank of 357,
with appreciation of -1.62%. 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, Huntington Home Prices had a rank of 347, with
appreciation during the year of 1.01%. 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, Huntington Home Prices
ranked 348, with a total appreciation of 6.0%. 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, Huntington Home Prices
had a rank of 140, with appreciation during the decade of 10%. 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, Huntington Home Prices
had a rank of 271, with total growth over the 20 year period of 62%. 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 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 Wednesday, January 10, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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