Jonesboro, AR - House Price Index (HPI) - 17 Year Chart
Jonesboro Real Estate Market & Home Price Forecast
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The House Price Index (HPI) shows changes in Jonesboro, AR single family home prices in
logarithmic scale. The March, 1995 index value equals 100.  Updated Friday, December 28, 2012.
See real estate forecasts, analysis, statistics and appreciation rates below.
Jonesboro Real Estate Index: 17 Year Chart
Home Values Appreciation Rate - US Cities
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Jonesboro Real Estate Market: Trend, Analysis & Statistics
1/75      1/1980        1/1985        1/1990        1/1995         1/2000        1/2005        1/2010         1/15
Commentary  13280
4th Quarter, 2012 Housing Statistics: Jonesboro, Arkansas


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      84%

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 Jonesboro housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Jonesboro is 84%. In other words, when tested against historical
data, the forecasting methodology was correct 84% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Jonesboro is 84% 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 Jonesboro
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      92%

The forecast for the trend in the Jonesboro housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Jonesboro is 92%. In other words, when tested against historical data, the
forecasting methodology was correct 92% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Jonesboro is 92% 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 Jonesboro
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Jonesboro, Arkansas


Historical Home Price Appreciation
Last Quarter                         0.53%
Last Year                              1.2%
Last 5 Years                         7%
Last 10 Years                       16%
Last 20 Years                       65%



Annual Home Price Appreciation Rates
1983        n/a
1984        n/a
1985        n/a
1986        n/a
1987        n/a
1988        n/a
1989        n/a
1990        n/a
1991        n/a
1992      1.97%
1993      3.23%
1994      0.12%
1995      8.60%
1996      1.48%
1997      7.34%
1998      1.25%
1999      2.98%
2000      2.51%
2001      6.27%
2002      2.36%
2003      1.56%
2004      2.26%
2005      2.03%
2006      3.32%
2007      -0.44%
2008      2.16%
2009      -0.36%
2010      1.43%
2011      2.04%
2012      1.24%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.53%         Rank: 181 of 381 (52nd Percentile)
Last Year  . . . . . . . . . . . . . . . .  1.2%           Rank: 128 of 381 (66th Percentile)
Last 5 Years                              7%              Rank: 14 of 381 (96th Percentile)
Last 10 Years  . . . . . . . . . . . .   16%            Rank: 206 of 381 (46th Percentile)
Last 20 Years                            65%            Rank: 261 of 368 (29th Percentile)


Home Price appreciation rates for Jonesboro, AR are shown above for five time
periods. For example: Jonesboro appreciated 0.53% in the Last Quarter. At that
rate, the Jonesboro Real Estate Market was ranked 181st out of 381
metropolitan areas for Real Estate Appreciation. Jonesboro was in the 52nd
percentile. So Jonesboro, AR performed better in the Last Quarter than 52% of
the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Jonesboro, Arkansas

The all time high in the Jonesboro Home Price Index was 155.2 in the 4th
Quarter, of 2012.  The Home Price Index indicates that the Jonesboro Market is
up 16% over the last 10 years. Home prices in the Jonesboro Real Estate
Market have gained 1.24% over the last 12 months.

The 4th Quarter index value was 0.82 points higher than the 3rd Quarter, 2012
index value of 154.39, resulting in a 0.53% rise in the 4th Quarter for the
Jonesboro Market.

The Jonesboro Home Price Index has increased for the last 2 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 Jonesboro Real Estate
Market was 10% in the twelve months ended with the 2nd Quarter of 1995. The
worst annual home appreciation rate in the Jonesboro Market was -3% in the
twelve months ended with the 3rd Quarter of 1992.

The highest home appreciation in the Jonesboro Real Estate Market over a
three year period was 18% in the three years ended with the 4th Quarter of
1997. The worst home appreciation over a three year period in the Jonesboro
Market was -1% in the three years ended with the 1st Quarter of 2010.

This page provides a long term graph of the Jonesboro Home Price Index
(above). For information about Arkansas home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
Arkansas. Another link opens the home price index chart for Arkansas. 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
Jonesboro Home Prices will be at your fingertips when you need them.

Historical data on the Jonesboro Home Price Index is available back to the 1st
Quarter, of 1991. All calculations are based on the quarterly value of the House
Price Index for the Jonesboro 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 Jonesboro 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: Jonesboro, Arkansas

The appreciation of Jonesboro 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 2012, Jonesboro Home Prices had a rank of 181, with
appreciation of 0.53%. 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, Jonesboro Home Prices had a rank of 128, 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, Jonesboro Home Prices
ranked 14, with a total appreciation of 6.7%. 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, Jonesboro Home Prices
had a rank of 206, with appreciation during the decade of 16%. 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, Jonesboro Home Prices
had a rank of 261, with total appreciation over the 20 year period of 65%. 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 Jonesboro Real Estate
Market is available back to the 1st Quarter, of 1991. All calculations are based
on the quarterly value of the House Price Index for Jonesboro. 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.)




























































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