Waco, TX - House Price Index (HPI)
Waco Real Estate Market - Home Price Forecast
100
1000
The House Price Index (HPI) shows changes in Waco, TX 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
Waco Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  1322.56
1st Quarter, 2018 Housing Statistics: Waco, Texas


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      82%

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 Waco housing market for the 12
months ending with the 1st Quarter of 2019 is UP. The Accuracy of the Trend
Projection for Waco is 82%. In other words, when tested against historical data,
the forecasting methodology was correct 82% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Waco is 82% 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 Waco Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      88%

The forecast for the trend in the Waco housing market for the 3 years ending
with the 1st Quarter of 2021 is UP. The Accuracy of the Trend Prediction for
Waco is 88%. In other words, when tested against historical data, the
forecasting methodology was correct 88% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Waco is 88% 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 Waco Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
1st Quarter, 2018 Housing Data: Waco, Texas


Historical Home Price Appreciation
Last Quarter                         4.56%
Last Year                              12.4%
Last 5 Years                         34%
Last 10 Years                       41%
Last 20 Years                       108%



Annual Home Price Appreciation Rates
1988      -2.99%
1989      -0.69%
1990      1.57%
1991      1.37%
1992      5.47%
1993      3.46%
1994      -1.48%
1995      9.10%
1996      0.67%
1997      2.81%
1998      4.74%
1999      4.02%
2000      2.92%
2001      5.99%
2002      4.11%
2003      3.88%
2004      6.61%
2005      6.65%
2006      -1.76%
2007      6.23%
2008      0.51%
2009      1.64%
2010      0.65%
2011      1.58%
2012      0.25%
2013      2.59%
2014      3.76%
2015      4.05%
2016      6.63%
2017      8.84%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              4.56%         Rank: 15 of 381 (96th Percentile)
Last Year  . . . . . . . . . . . . . . . .  12.4%          Rank: 8 of 381 (98th Percentile)
Last 5 Years                              34%            Rank: 105 of 381 (72nd Percentile)
Last 10 Years  . . . . . . . . . . . .   41%            Rank: 15 of 381 (96th Percentile)
Last 20 Years                            108%          Rank: 101 of 379 (73rd Percentile)


The change in home prices for Waco, TX are shown above for five time periods.
For example: Waco appreciated 4.56% in the Last Quarter. At that rate, the
Waco Real Estate Market was ranked 15th out of 381 metropolitan Real Estate
Markets. Waco was in the 96th percentile. So Waco, TX 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: Waco, Texas

The all time high in the Waco Home Price Index was 229.3 in the 1st Quarter, of
2018.  The Home Price Index indicates that the Waco Market is up 41% over
the last 10 years. Home prices in the Waco Real Estate Market have gained
12.36% over the last 12 months. Over the last thirty years, it is up 156%.

The 1st Quarter index value was 10.01 points higher than the 4th Quarter,
2017 index value of 219.30, resulting in a 4.56% rise in the 1st Quarter for the
Waco Market.

The Waco Home Price Index increased in the last quarter after falling in the
previous quarter. 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 Waco Real Estate
Market was 12% in the twelve months ended with the 1st Quarter of 2018. The
worst annual change in home values  in the Waco Market was -11% in the
twelve months ended with the 2nd Quarter of 1988.

The highest growth in home values in the Waco Real Estate Market over a
three year period was 26% in the three years ended with the 3rd Quarter of
2017. The worst performance over a three year period in the Waco Market was
-9% in the three years ended with the 3rd Quarter of 1990.

This page provides a long term graph of the Waco 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 Waco 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 Waco 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 Waco 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: Waco, Texas

The trend of Waco 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, Waco Home Prices had a rank of 15, with
appreciation of 4.56%. 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, Waco Home Prices had a rank of 8, with
appreciation during the year of 12.36%. 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, Waco Home Prices
ranked 105, with a total appreciation of 34.1%. 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, Waco Home Prices had
a rank of 15, with appreciation during the decade of 41%. 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, Waco Home Prices had
a rank of 101, with total growth over the 20 year period of 108%. 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 Waco Real Estate
Market is available back to the 2nd Quarter, of 1986. All calculations are based
on the quarterly value of the House Price Index for Waco. 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 Monday, July 30, 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