| Champaign, IL - House Price Index (HPI) - 23 Year Chart |
| Champaign Real Estate Market & Home Price Forecast |
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The House Price Index (HPI) shows changes in Champaign-Urbana, IL single family home prices in
logarithmic scale. The March, 1995 index value equals 100. Updated Friday, December 28, 2012.
Real estate forecasts, analysis, statistics and appreciation rates are provided below.
logarithmic scale. The March, 1995 index value equals 100. Updated Friday, December 28, 2012.
Real estate forecasts, analysis, statistics and appreciation rates are provided below.
| Champaign Real Estate Index: 23 Year Chart Home Values Appreciation Rate - US Cities |
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Champaign Real Estate Market: Trend, Analysis & Statistics
1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010
Commentary 13168
4th Quarter, 2012 Housing Statistics: Champaign, Illinois
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 89%
Forecast-Chart.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 Champaign housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Champaign is 89%. In other words, when tested against historical
data, the forecasting methodology was correct 89% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Champaign is 89% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2013 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Champaign
Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 93%
The forecast for the trend in the Champaign housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Champaign is 93%. In other words, when tested against historical data, the
forecasting methodology was correct 93% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Champaign is 93% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 4th Quarter of 2015 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Champaign
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Champaign, Illinois
Historical Home Price Appreciation
Last Quarter 1.12%
Last Year . . . . . . . . . . . . . . . . . . . . 1.2%
Last 5 Years -1%
Last 10 Years . . . . . . . . . . . . . . . . . 23%
Last 20 Years 80%
Decline From All Time High 1.24%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 2.01%
1987 3.17%
1988 3.78%
1989 3.36%
1990 1.20%
1991 2.46%
1992 2.74%
1993 2.63%
1994 3.61%
1995 5.09%
1996 2.33%
1997 4.79%
1998 3.37%
1999 2.22%
2000 5.78%
2001 4.41%
2002 4.36%
2003 7.18%
2004 6.19%
2005 5.39%
2006 3.21%
2007 0.47%
2008 -0.32%
2009 -0.45%
2010 -0.13%
2011 -1.33%
2012 1.24%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.12% Rank: 107 of 381 (72nd Percentile)
Last Year . . . . . . . . . . . . . . . . 1.2% Rank: 127 of 381 (66th Percentile)
Last 5 Years -1% Rank: 97 of 381 (74th Percentile)
Last 10 Years . . . . . . . . . . . . 23% Rank: 140 of 381 (63rd Percentile)
Last 20 Years 80% Rank: 173 of 368 (53rd Percentile)
Decline From All Time High 1.24%
Home Price appreciation rates for Champaign-Urbana, IL are shown above for
five time periods. For example: Champaign appreciated 1.12% in the Last
Quarter. At that rate, the Champaign Real Estate Market was ranked 107th out
of 381 metropolitan areas for Real Estate Appreciation. Champaign was in the
72nd percentile. So Champaign, IL performed better in the Last Quarter than
72% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Champaign, Illinois
The data and analysis on this page pertains to Champaign-Urbana, IL,
hereinafter referred to as "Champaign". The all time high in the Champaign
Home Price Index was 173.9 in the 1st Quarter, of 2008. The 4th Quarter, 2012
index value was 171.8. That's a decline of 2.16 points or 1.24% below the
Champaign Home Price Index all time high. The Home Price Index indicates that
the Champaign Market is up 23% over the last 10 years. Home prices in the
Champaign Real Estate Market have gained 1.24% over the last 12 months.
The 4th Quarter index value was 1.91 points higher than the 3rd Quarter, 2012
index value of 169.87, resulting in a 1.12% rise in the 4th Quarter for the
Champaign Market.
The Champaign Home Price Index has increased for the last 3 consecutive
quarters. The current record holder for consecutive increases in the Home
Price Index is Bismarck, ND, with increases in the last 11 consecutive quarters.
The current record holder for consecutive declines in the Home Price Index is
Tallahassee, FL, with declines in the last 5 consecutive quarters.
The highest annual home appreciation rate in the Champaign Real Estate
Market was 8% in the twelve months ended with the 3rd Quarter of 2004. The
worst annual home appreciation rate in the Champaign Market was -2% in the
twelve months ended with the 2nd Quarter of 2011.
The highest home appreciation in the Champaign Real Estate Market over a
three year period was 20% in the three years ended with the 3rd Quarter of
2005. The worst home appreciation over a three year period in the Champaign
Market was -3% in the three years ended with the 2nd Quarter of 2011.
This page provides a long term graph of the Champaign Home Price Index
(above). For information about Illinois home values, look at the links under that
chart. One link opens a forecast for home appreciation rates in the state of
Illinois. Another link opens the home price index chart for Illinois. Just one
glance at Forecast-Chart.com's long term charts can provide tremendous
insight into the historical trends of residential property values. Bookmark this
page! Then Forecast-Chart.com's detailed research and statistics about
Champaign Home Prices will be at your fingertips when you need them.
Historical data on the Champaign Home Price Index is available back to the 3rd
Quarter, of 1985. All calculations are based on the quarterly value of the House
Price Index for the Champaign 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 Champaign 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, 2012 Housing Data: Champaign, Illinois
The appreciation of Champaign 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 Champaign-Urbana, IL, hereinafter referred to as "Champaign".
Last Quarter:
During the 4th Quarter of 2012, Champaign Home Prices had a rank of 107,
with appreciation of 1.12%. The top performing real estate market during the
4th Quarter was Bismarck, ND, with appreciation of 4.55%. The worst market
during that period was Hattiesburg, MS, with appreciation of -4.02%.
The median appreciation for all cities during the 4th Quarter was 0.47%. The
average appreciation for all markets during the quarter was 0.54%.
Last Year:
During the last 12 months, Champaign Home Prices had a rank of 127, with
appreciation during the year of 1.24%. The top performing market during the
last year was Bismarck, ND, with appreciation of 13.4%. The worst real estate
market during that period was Gainesville, FL, with appreciation of -6.8%.
The median appreciation for all markets during this period was 0.27%. The
average appreciation was 0.31%.
Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2012, Champaign Home Prices
ranked 97, with a total appreciation of -1.0%. The top performing real estate
market during the 5 year period was Bismarck, ND, with appreciation of 24%.
The worst market during that period was Las Vegas, NV, with appreciation of
-54%.
The median appreciation for all cities during this time period was -9%. The
average appreciation over the 5 years was -12%.
Last 10 Years:
During the 10 years ended in the 4th Quarter of 2012, Champaign Home Prices
had a rank of 140, with appreciation during the decade of 23%. The top
performing market during the period was Midland, TX, with appreciation of
104%. The worst real estate market during the 10 year time period was Detroit,
MI, with appreciation of -31%.
The median appreciation for all markets during the last 10 years was 18%. The
average appreciation for the cities over that time frame was 18%.
Last 20 Years:
During the 20 years ended in the 4th Quarter of 2012, Champaign Home Prices
had a rank of 173, with total appreciation over the 20 year period of 80%. The
top performing real estate market during the period was Casper, WY, with
appreciation of 210%. The worst market during the last 20 years was Las
Vegas, NV, with appreciation of 7%.
The median appreciation for all cities during the last 20 years was 78%. The
average appreciation for the markets over that time frame was 80%.
Historical research data on the Home Price Index for the Champaign Real
Estate Market is available back to the 3rd Quarter, of 1985. All calculations are
based on the quarterly value of the House Price Index for Champaign. Real
estate appreciation figures represent total appreciation over each time period.
(Unless specifically stated, the appreciation figures do not represent annual or
quarterly rates of appreciation.)
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
4th Quarter, 2012 Housing Statistics: Champaign, Illinois
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 89%
Forecast-Chart.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 Champaign housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Champaign is 89%. In other words, when tested against historical
data, the forecasting methodology was correct 89% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Champaign is 89% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2013 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Champaign
Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 93%
The forecast for the trend in the Champaign housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Champaign is 93%. In other words, when tested against historical data, the
forecasting methodology was correct 93% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Champaign is 93% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 4th Quarter of 2015 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Champaign
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Champaign, Illinois
Historical Home Price Appreciation
Last Quarter 1.12%
Last Year . . . . . . . . . . . . . . . . . . . . 1.2%
Last 5 Years -1%
Last 10 Years . . . . . . . . . . . . . . . . . 23%
Last 20 Years 80%
Decline From All Time High 1.24%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 2.01%
1987 3.17%
1988 3.78%
1989 3.36%
1990 1.20%
1991 2.46%
1992 2.74%
1993 2.63%
1994 3.61%
1995 5.09%
1996 2.33%
1997 4.79%
1998 3.37%
1999 2.22%
2000 5.78%
2001 4.41%
2002 4.36%
2003 7.18%
2004 6.19%
2005 5.39%
2006 3.21%
2007 0.47%
2008 -0.32%
2009 -0.45%
2010 -0.13%
2011 -1.33%
2012 1.24%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.12% Rank: 107 of 381 (72nd Percentile)
Last Year . . . . . . . . . . . . . . . . 1.2% Rank: 127 of 381 (66th Percentile)
Last 5 Years -1% Rank: 97 of 381 (74th Percentile)
Last 10 Years . . . . . . . . . . . . 23% Rank: 140 of 381 (63rd Percentile)
Last 20 Years 80% Rank: 173 of 368 (53rd Percentile)
Decline From All Time High 1.24%
Home Price appreciation rates for Champaign-Urbana, IL are shown above for
five time periods. For example: Champaign appreciated 1.12% in the Last
Quarter. At that rate, the Champaign Real Estate Market was ranked 107th out
of 381 metropolitan areas for Real Estate Appreciation. Champaign was in the
72nd percentile. So Champaign, IL performed better in the Last Quarter than
72% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Champaign, Illinois
The data and analysis on this page pertains to Champaign-Urbana, IL,
hereinafter referred to as "Champaign". The all time high in the Champaign
Home Price Index was 173.9 in the 1st Quarter, of 2008. The 4th Quarter, 2012
index value was 171.8. That's a decline of 2.16 points or 1.24% below the
Champaign Home Price Index all time high. The Home Price Index indicates that
the Champaign Market is up 23% over the last 10 years. Home prices in the
Champaign Real Estate Market have gained 1.24% over the last 12 months.
The 4th Quarter index value was 1.91 points higher than the 3rd Quarter, 2012
index value of 169.87, resulting in a 1.12% rise in the 4th Quarter for the
Champaign Market.
The Champaign Home Price Index has increased for the last 3 consecutive
quarters. The current record holder for consecutive increases in the Home
Price Index is Bismarck, ND, with increases in the last 11 consecutive quarters.
The current record holder for consecutive declines in the Home Price Index is
Tallahassee, FL, with declines in the last 5 consecutive quarters.
The highest annual home appreciation rate in the Champaign Real Estate
Market was 8% in the twelve months ended with the 3rd Quarter of 2004. The
worst annual home appreciation rate in the Champaign Market was -2% in the
twelve months ended with the 2nd Quarter of 2011.
The highest home appreciation in the Champaign Real Estate Market over a
three year period was 20% in the three years ended with the 3rd Quarter of
2005. The worst home appreciation over a three year period in the Champaign
Market was -3% in the three years ended with the 2nd Quarter of 2011.
This page provides a long term graph of the Champaign Home Price Index
(above). For information about Illinois home values, look at the links under that
chart. One link opens a forecast for home appreciation rates in the state of
Illinois. Another link opens the home price index chart for Illinois. Just one
glance at Forecast-Chart.com's long term charts can provide tremendous
insight into the historical trends of residential property values. Bookmark this
page! Then Forecast-Chart.com's detailed research and statistics about
Champaign Home Prices will be at your fingertips when you need them.
Historical data on the Champaign Home Price Index is available back to the 3rd
Quarter, of 1985. All calculations are based on the quarterly value of the House
Price Index for the Champaign 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 Champaign 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, 2012 Housing Data: Champaign, Illinois
The appreciation of Champaign 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 Champaign-Urbana, IL, hereinafter referred to as "Champaign".
Last Quarter:
During the 4th Quarter of 2012, Champaign Home Prices had a rank of 107,
with appreciation of 1.12%. The top performing real estate market during the
4th Quarter was Bismarck, ND, with appreciation of 4.55%. The worst market
during that period was Hattiesburg, MS, with appreciation of -4.02%.
The median appreciation for all cities during the 4th Quarter was 0.47%. The
average appreciation for all markets during the quarter was 0.54%.
Last Year:
During the last 12 months, Champaign Home Prices had a rank of 127, with
appreciation during the year of 1.24%. The top performing market during the
last year was Bismarck, ND, with appreciation of 13.4%. The worst real estate
market during that period was Gainesville, FL, with appreciation of -6.8%.
The median appreciation for all markets during this period was 0.27%. The
average appreciation was 0.31%.
Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2012, Champaign Home Prices
ranked 97, with a total appreciation of -1.0%. The top performing real estate
market during the 5 year period was Bismarck, ND, with appreciation of 24%.
The worst market during that period was Las Vegas, NV, with appreciation of
-54%.
The median appreciation for all cities during this time period was -9%. The
average appreciation over the 5 years was -12%.
Last 10 Years:
During the 10 years ended in the 4th Quarter of 2012, Champaign Home Prices
had a rank of 140, with appreciation during the decade of 23%. The top
performing market during the period was Midland, TX, with appreciation of
104%. The worst real estate market during the 10 year time period was Detroit,
MI, with appreciation of -31%.
The median appreciation for all markets during the last 10 years was 18%. The
average appreciation for the cities over that time frame was 18%.
Last 20 Years:
During the 20 years ended in the 4th Quarter of 2012, Champaign Home Prices
had a rank of 173, with total appreciation over the 20 year period of 80%. The
top performing real estate market during the period was Casper, WY, with
appreciation of 210%. The worst market during the last 20 years was Las
Vegas, NV, with appreciation of 7%.
The median appreciation for all cities during the last 20 years was 78%. The
average appreciation for the markets over that time frame was 80%.
Historical research data on the Home Price Index for the Champaign Real
Estate Market is available back to the 3rd Quarter, of 1985. All calculations are
based on the quarterly value of the House Price Index for Champaign. Real
estate appreciation figures represent total appreciation over each time period.
(Unless specifically stated, the appreciation figures do not represent annual or
quarterly rates of appreciation.)
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
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