Terre Haute, IN - House Price Index (HPI)
Terre Haute Real Estate Market - Home Price Forecast
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The House Price Index (HPI) shows changes in Terre Haute, IN 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.
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Terre Haute Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  1306.56
1st Quarter, 2018 Housing Statistics: Terre Haute, Indiana


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      73%

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 Terre Haute housing market for the 12
months ending with the 1st Quarter of 2019 is UP. The Accuracy of the Trend
Projection for Terre Haute is 73%. In other words, when tested against historical
data, the forecasting methodology was correct 73% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Terre Haute is 73% during this period. If this Housing Market Forecast is
correct, home prices will be higher in the 1st Quarter of 2019 than they were in
the 1st Quarter of 2018. Check this page each quarter for updates to the Terre
Haute Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      74%

The forecast for the trend in the Terre Haute housing market for the 3 years
ending with the 1st Quarter of 2021 is UP. The Accuracy of the Trend
Prediction for Terre Haute is 74%. In other words, when tested against historical
data, the forecasting methodology was correct 74% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Terre Haute is 74% during this period. If this Housing Market Forecast is
correct, home values will be higher in the 1st Quarter of 2021 than they were in
the 1st Quarter of 2018. Check this page each quarter for updates to the Terre
Haute Real Estate Market Forecast.




Part 2: MARKET SUMMARY
1st Quarter, 2018 Housing Data: Terre Haute, Indiana


Historical Home Price Appreciation
Last Quarter                         4.46%
Last Year                              5.9%
Last 5 Years                         15%
Last 10 Years                       13%
Last 20 Years                       45%



Annual Home Price Appreciation Rates
1988        n/a
1989        n/a
1990        n/a
1991        n/a
1992        n/a
1993      8.23%
1994      10.48%
1995      0.82%
1996      0.07%
1997      6.32%
1998      2.95%
1999      2.23%
2000      0.91%
2001      4.76%
2002      2.24%
2003      3.58%
2004      4.68%
2005      0.61%
2006      3.75%
2007      -2.77%
2008      -1.52%
2009      1.03%
2010      0.08%
2011      -1.16%
2012      -0.40%
2013      3.19%
2014      2.16%
2015      1.44%
2016      3.87%
2017      0.44%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              4.46%         Rank: 16 of 381 (96th Percentile)
Last Year  . . . . . . . . . . . . . . . .  5.9%           Rank: 196 of 381 (48th Percentile)
Last 5 Years                              15%            Rank: 247 of 381 (35th Percentile)
Last 10 Years  . . . . . . . . . . . .   13%            Rank: 139 of 381 (63rd Percentile)
Last 20 Years                            45%            Rank: 332 of 379 (12th Percentile)


The change in home prices for Terre Haute, IN are shown above for five time
periods. For example: Terre Haute appreciated 4.46% in the Last Quarter. At
that rate, the Terre Haute Real Estate Market was ranked 16th out of 381
metropolitan Real Estate Markets. Terre Haute was in the 96th percentile. So
Terre Haute, IN performed better in the Last Quarter than 96% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
1st Quarter, 2018 Housing Statistics: Terre Haute, Indiana

The all time high in the Terre Haute Home Price Index was 162.7 in the 1st
Quarter, of 2018.  The Home Price Index indicates that the Terre Haute Market
is up 13% over the last 10 years. Home prices in the Terre Haute Real Estate
Market have gained 5.88% over the last 12 months.

The 1st Quarter index value was 6.95 points higher than the 4th Quarter, 2017
index value of 155.71, resulting in a 4.46% rise in the 1st Quarter for the Terre
Haute Market.

The Terre Haute Home Price Index has increased for the last 2 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 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 2 consecutive
quarters.

The highest annual change in the value of houses in the Terre Haute Real
Estate Market was 10% in the twelve months ended with the 4th Quarter of
1994. The worst annual change in home values  in the Terre Haute Market was
-4% in the twelve months ended with the 3rd Quarter of 2008.

The highest growth in home values in the Terre Haute Real Estate Market over
a three year period was 21% in the three years ended with the 4th Quarter of
1995. The worst performance over a three year period in the Terre Haute
Market was -5% in the three years ended with the 3rd Quarter of 2009.

This page provides a long term graph of the Terre Haute Home Price Index
(above). For information about Indiana 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 Terre Haute 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 Terre Haute 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 Terre Haute 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: Terre Haute, Indiana

The trend of Terre Haute 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, Terre Haute Home Prices had a rank of 16, with
appreciation of 4.46%. 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, Terre Haute Home Prices had a rank of 196, with
appreciation during the year of 5.88%. 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, Terre Haute Home Prices
ranked 247, with a total appreciation of 15.1%. 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, Terre Haute Home
Prices had a rank of 139, with appreciation during the decade of 13%. 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, Terre Haute Home
Prices had a rank of 332, with total growth over the 20 year period of 45%. 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 Terre Haute Real
Estate Market is available back to the 3rd Quarter, of 1992. All calculations are
based on the quarterly value of the House Price Index for Terre Haute. 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, July 25, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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