Texarkana, TX - House Price Index (HPI)
Texarkana Real Estate Market - Home Price Forecast
100
1000
The House Price Index (HPI) shows changes in Texarkana, TX-Texarkana, AR 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
Texarkana Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  545.56
4th Quarter, 2017 Housing Statistics: Texarkana, Texas


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      75%

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 Texarkana housing market for the 12
months ending with the 4th Quarter of 2018 is UP. The Accuracy of the Trend
Projection for Texarkana 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 rising house prices in
Texarkana is 75% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2018 than they were in the 4th
Quarter of 2017. Check this page each quarter for updates to the Texarkana
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      85%

The forecast for the trend in the Texarkana housing market for the 3 years
ending with the 4th Quarter of 2020 is UP. The Accuracy of the Trend
Prediction for Texarkana is 85%. In other words, when tested against historical
data, the forecasting methodology was correct 85% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Texarkana is 85% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 4th Quarter of 2020 than they were in the 4th
Quarter of 2017. Check this page each quarter for updates to the Texarkana
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2017 Housing Data: Texarkana, Texas


Historical Home Price Appreciation
Last Quarter                         -3.03%
Last Year                              1.1%
Last 5 Years                         8%
Last 10 Years                       12%
Last 20 Years                       64%
Decline From All Time High   3.15%


Annual Home Price Appreciation Rates
1988        n/a
1989        n/a
1990        n/a
1991        n/a
1992        n/a
1993      3.32%
1994      -0.12%
1995      7.79%
1996      2.66%
1997      2.28%
1998      2.67%
1999      -1.31%
2000      5.69%
2001      6.02%
2002      4.10%
2003      2.18%
2004      3.76%
2005      6.05%
2006      2.51%
2007      6.91%
2008      -1.48%
2009      -0.85%
2010      2.77%
2011      0.89%
2012      2.68%
2013      -1.46%
2014      4.48%
2015      -0.54%
2016      4.37%
2017      1.07%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -3.03%        Rank: 369 of 381 (3rd Percentile)
Last Year  . . . . . . . . . . . . . . . .  1.1%           Rank: 339 of 381 (11th Percentile)
Last 5 Years                              8%              Rank: 326 of 381 (14th Percentile)
Last 10 Years  . . . . . . . . . . . .   12%            Rank: 127 of 381 (66th Percentile)
Last 20 Years                            64%            Rank: 266 of 379 (29th Percentile)
Decline From All Time High        3.15%

The change in home prices for Texarkana, TX-AR are shown above for five time
periods. For example: Texarkana appreciated -3.03% in the Last Quarter. At
that rate, the Texarkana Real Estate Market was ranked 369th out of 381
metropolitan Real Estate Markets. Texarkana was in the 3rd percentile. So
Texarkana, TX-AR performed better in the Last Quarter than 3% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2017 Housing Statistics: Texarkana, Texas

The all time high in the Texarkana Home Price Index was 180.6 in the 2nd
Quarter, of 2017. The 4th Quarter, 2017 index value was 174.9. That's a
decline of 5.69 points or 3.15% below the Texarkana Home Price Index all time
high.  The Home Price Index indicates that the Texarkana Market is up 12%
over the last 10 years. Home prices in the Texarkana Real Estate Market have
gained 1.07% over the last 12 months.

The 4th Quarter index value was 5.46 points lower than the 3rd Quarter, 2017
index value of 180.33, resulting in a 3.03% decline for the 4th Quarter in the
Texarkana Market.

The Texarkana Home Price Index has declined for the last 2 consecutive
quarters. That makes Texarkana the current record holder for consecutive
quarterly declines in the Home Price Index (along with Victoria, TX; Topeka, KS;
Springfield, MA and Peoria, IL; 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 Texarkana Real
Estate Market was 8% in the twelve months ended with the 4th Quarter of 1995.
The worst annual change in home values  in the Texarkana Market was -2% in
the twelve months ended with the 3rd Quarter of 1999.

The highest growth in home values in the Texarkana Real Estate Market over a
three year period was 17% in the three years ended with the 3rd Quarter of
2002. The worst performance over a three year period in the Texarkana Market
was 0% in the three years ended with the 2nd Quarter of 2012.

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

The trend of Texarkana 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 4th Quarter of 2017, Texarkana Home Prices had a rank of 369, with
appreciation of -3.03%. 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, Texarkana Home Prices had a rank of 339, with
appreciation during the year of 1.07%. 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, Texarkana Home Prices
ranked 326, with a total appreciation of 8.0%. 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, Texarkana Home Prices
had a rank of 127, with appreciation during the decade of 12%. 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, Texarkana Home Prices
had a rank of 266, with total growth over the 20 year period of 64%. 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 Texarkana Real Estate
Market is available back to the 2nd Quarter, of 1992. All calculations are based
on the quarterly value of the House Price Index for Texarkana. 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, April 25, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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