Evansville, IN - House Price Index (HPI) - 28 Year Char
Evansville Real Estate Market & Home Price Forecast
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The House Price Index (HPI) shows changes in Evansville, IN-KY 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.
Evansville Real Estate Index: 28 Year Chart
Home Values Appreciation Rate - US Cities
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Evansville 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  13218
4th Quarter, 2012 Housing Statistics: Evansville, Indiana


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      82%

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 Evansville housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Evansville is 82%. In other words, when tested against
historical data, the forecasting methodology was correct 82% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Evansville is 82% during this period. If this Housing Market Forecast is
correct, home prices will be lower in the 4th Quarter of 2013 than they were in
the 4th Quarter of 2012. Check this page each quarter for updates to the
Evansville Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      81%

The forecast for the trend in the Evansville housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Evansville is 81%. In other words, when tested against historical
data, the forecasting methodology was correct 81% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Evansville is 81% during this period. If this Housing Market Forecast is correct,
home values will be lower in the 4th Quarter of 2015 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Evansville
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Evansville, Indiana


Historical Home Price Appreciation
Last Quarter                                     0.15%
Last Year . . . . . . . . . . . . . . . . . . . .  -0.5%
Last 5 Years                                     0%
Last 10 Years . . . . . . . . . . . . . . . . . 14%
Last 20 Years                                   79%
Decline From All Time High               1.06%


Annual Home Price Appreciation Rates
1983      -7.06%
1984      11.31%
1985      2.70%
1986      4.01%
1987      -0.54%
1988      2.91%
1989      0.51%
1990      0.84%
1991      3.28%
1992      2.46%
1993      3.80%
1994      5.80%
1995      5.40%
1996      7.71%
1997      3.99%
1998      5.25%
1999      3.97%
2000      3.70%
2001      3.95%
2002      2.88%
2003      3.76%
2004      4.21%
2005      1.59%
2006      2.90%
2007      0.06%
2008      -1.75%
2009      -0.03%
2010      0.76%
2011      1.97%
2012      -0.46%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.15%         Rank: 237 of 381 (37th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -0.5%          Rank: 236 of 381 (38th Percentile)
Last 5 Years                              0%              Rank: 80 of 381 (79th Percentile)
Last 10 Years  . . . . . . . . . . . .   14%            Rank: 234 of 381 (38th Percentile)
Last 20 Years                            79%            Rank: 180 of 368 (51st Percentile)
Decline From All Time High        1.06%

Home Price appreciation rates for Evansville, IN-KY are shown above for five
time periods. For example: Evansville appreciated 0.15% in the Last Quarter. At
that rate, the Evansville Real Estate Market was ranked 237th out of 381
metropolitan areas for Real Estate Appreciation. Evansville was in the 37th
percentile. So Evansville, IN performed better in the Last Quarter than 37% of
the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Evansville, Indiana

The all time high in the Evansville Home Price Index was 162.6 in the 2nd
Quarter, of 2007. The 4th Quarter, 2012 index value was 160.9. That's a
decline of 1.73 points or 1.06% below the Evansville Home Price Index all time
high.  The Home Price Index indicates that the Evansville Market is up 14% over
the last 10 years. Home Prices in the Evansville Real Estate Market have lost
0.46% over the last 12 months. Over the last thirty years, it is up 117%.

The 4th Quarter index value was 0.24 points higher than the 3rd Quarter, 2012
index value of 160.62, resulting in a 0.15% rise in the 4th Quarter for the
Evansville Market.

The Evansville 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 Evansville Real Estate Market
was 11% in the twelve months ended with the 4th Quarter of 1984. The worst
annual home appreciation rate in the Evansville Market was -8% in the twelve
months ended with the 3rd Quarter of 1981.

The highest home appreciation in the Evansville Real Estate Market over a
three year period was 21% in the three years ended with the 2nd Quarter of
1996. The worst home appreciation over a three year period in the Evansville
Market was -4% in the three years ended with the 4th Quarter of 1983.

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

Historical data on the Evansville Home Price Index is available back to the 3rd
Quarter, of 1980. All calculations are based on the quarterly value of the House
Price Index for the Evansville 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 Evansville 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: Evansville, Indiana

The appreciation of Evansville 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, Evansville Home Prices had a rank of 237, with
appreciation of 0.15%. 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, Evansville Home Prices had a rank of 236, with
appreciation during the year of -0.46%. 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, Evansville Home Prices
ranked 80, with a total appreciation of 0.4%. 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, Evansville Home Prices
had a rank of 234, with appreciation during the decade of 14%. 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, Evansville Home Prices
had a rank of 180, with total appreciation over the 20 year period of 79%. 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 Evansville Real Estate
Market is available back to the 3rd Quarter, of 1980. All calculations are based
on the quarterly value of the House Price Index for Evansville. 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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