Terre Haute, IN - House Price Index (HPI)
Terre Haute Real Estate Market - Home Price Forecast
100
1000
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.
10
Terre Haute Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  27928
3rd Quarter, 2017 Housing Statistics: Terre Haute, Indiana


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      71%

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 3rd Quarter of 2018 is DOWN. The Accuracy of the
Trend Projection for Terre Haute is 71%. In other words, when tested against
historical data, the forecasting methodology was correct 71% of the time.
Accordingly, LittleBigHomes.com estimates that the probability for falling house
prices in Terre Haute is 71% 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
Terre Haute Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      75%

The forecast for the trend in the Terre Haute housing market for the 3 years
ending with the 3rd Quarter of 2020 is DOWN. The Accuracy of the Trend
Prediction for Terre Haute is 75%. In other words, when tested against historical
data, the forecasting methodology was correct 75% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for falling house prices in
Terre Haute is 75% 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 Terre
Haute Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2017 Housing Data: Terre Haute, Indiana


Historical Home Price Appreciation
Last Quarter                         -1.47%
Last Year                              -0.2%
Last 5 Years                         9%
Last 10 Years                       4%
Last 20 Years                       35%
Decline From All Time High   1.47%


Annual Home Price Appreciation Rates
1987        n/a
1988        n/a
1989        n/a
1990        n/a
1991        n/a
1992        n/a
1993      8.27%
1994      10.38%
1995      0.58%
1996      0.41%
1997      6.27%
1998      2.97%
1999      2.17%
2000      0.90%
2001      4.73%
2002      2.28%
2003      3.58%
2004      4.75%
2005      0.55%
2006      3.85%
2007      -2.69%
2008      -1.61%
2009      0.91%
2010      0.14%
2011      -1.15%
2012      -0.31%
2013      3.29%
2014      1.21%
2015      2.74%
2016      3.23%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -1.47%        Rank: 354 of 381 (7th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -0.2%          Rank: 358 of 381 (6th Percentile)
Last 5 Years                              9%              Rank: 307 of 381 (19th Percentile)
Last 10 Years  . . . . . . . . . . . .   4%              Rank: 204 of 381 (46th Percentile)
Last 20 Years                            35%            Rank: 359 of 379 (5th Percentile)
Decline From All Time High        1.47%

The change in home prices for Terre Haute, IN are shown above for five time
periods. For example: Terre Haute appreciated -1.47% in the Last Quarter. At
that rate, the Terre Haute Real Estate Market was ranked 354th out of 381
metropolitan Real Estate Markets. Terre Haute was in the 7th percentile. So
Terre Haute, IN performed better in the Last Quarter than 7% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2017 Housing Statistics: Terre Haute, Indiana

The all time high in the Terre Haute Home Price Index was 155.3 in the 2nd
Quarter, of 2017. The 3rd Quarter, 2017 index value was 153.0. That's a
decline of 2.29 points or 1.47% below the Terre Haute Home Price Index all time
high.  The Home Price Index indicates that the Terre Haute Market is up 4%
over the last 10 years. Home Prices in the Terre Haute Real Estate Market have
lost 0.20% over the last 12 months.

The 3rd Quarter index value was 2.29 points lower than the 2nd Quarter, 2017
index value of 155.33, resulting in a 1.47% decline for the 3rd Quarter in the
Terre Haute Market.

The Terre Haute 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 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 20% 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
3rd Quarter, 2017 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 3rd Quarter of 2017, Terre Haute Home Prices had a rank of 354,
with appreciation of -1.47%. 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, Terre Haute Home Prices had a rank of 358, with
appreciation during the year of -0.20%. 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, Terre Haute Home Prices
ranked 307, with a total appreciation of 9.1%. 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, Terre Haute Home
Prices had a rank of 204, with appreciation during the decade of 4%. 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, Terre Haute Home
Prices had a rank of 359, with total growth over the 20 year period of 35%. 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 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 Friday, February 9, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


_____________________________________________________________
Report a Problem with this Page    Contact Us     Privacy Policy    Terms of Use/Disclosure
LittleBigHomes.com
1975
1980
1985
1990
1995
2000
2005
2010
2035
2015
2020
2025
2030