| Lake County, IL - House Price Index (HPI) - 30 Year Chart |
| Lake County Real Estate Market & Home Price Forecast |
| 100 |
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The House Price Index (HPI) shows changes in Lake County-Kenosha County, IL-WI 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.
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.
| Lake County Real Estate Index: 30 Year Chart Home Values Appreciation Rate - US Cities |
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Lake County 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 13295
4th Quarter, 2012 Housing Statistics: Lake County, Illinois
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 86%
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 Lake County housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Lake County is 86%. In other words, when tested against
historical data, the forecasting methodology was correct 86% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Lake County is 86% 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 Lake
County Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 87%
The forecast for the trend in the Lake County housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Lake County is 87%. In other words, when tested against historical
data, the forecasting methodology was correct 87% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Lake County is 87% 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 Lake
County Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Lake County, Illinois
Historical Home Price Appreciation
Last Quarter -0.03%
Last Year -2.4%
Last 5 Years -25%
Last 10 Years -5%
Last 20 Years 45%
Decline From All Time High 25.40%
Annual Home Price Appreciation Rates
1983 8.57%
1984 1.68%
1985 10.01%
1986 8.08%
1987 11.25%
1988 11.02%
1989 7.27%
1990 4.78%
1991 4.36%
1992 3.03%
1993 3.12%
1994 2.94%
1995 4.24%
1996 2.65%
1997 2.86%
1998 2.99%
1999 4.69%
2000 7.18%
2001 6.14%
2002 6.40%
2003 6.47%
2004 8.08%
2005 7.12%
2006 3.17%
2007 -0.43%
2008 -6.44%
2009 -9.31%
2010 -3.62%
2011 -6.04%
2012 -2.39%
Real Estate Appreciation, Rank & Percentile
Last Quarter -0.03% Rank: 272 of 381 (28th Percentile)
Last Year . . . . . . . . . . . . . . . . -2.4% Rank: 336 of 381 (11th Percentile)
Last 5 Years -25% Rank: 309 of 381 (18th Percentile)
Last 10 Years . . . . . . . . . . . . -5% Rank: 347 of 381 (8th Percentile)
Last 20 Years 45% Rank: 331 of 368 (10th Percentile)
Decline From All Time High 25.40%
Home Price appreciation rates for Lake County-Kenosha County, IL-WI are
shown above for five time periods. For example: Lake County appreciated
-0.03% in the Last Quarter. At that rate, the Lake County Real Estate Market
was ranked 272nd out of 381 metropolitan areas for Real Estate Appreciation.
Lake County was in the 28th percentile. So Lake County, IL performed better in
the Last Quarter than 28% of the 381 metropolitan areas covered in
Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Lake County, Illinois
The data and analysis on this page pertains to Lake County-Kenosha County,
IL-WI, hereinafter referred to as "Lake County". The all time high in the Lake
County Home Price Index was 181.1 in the 1st Quarter, of 2007. The 4th
Quarter, 2012 index value was 135.1. That's a decline of 45.99 points or
25.40% below the Lake County Home Price Index all time high. The Home Price
Index indicates that the Lake County Market is down 5% over the last 10 years.
Home Prices in the Lake County Real Estate Market have lost 2.39% over the
last 12 months. Over the last thirty years, it is up 184%.
The 4th Quarter index value was 0.04 points lower than the 3rd Quarter, 2012
index value of 135.10, resulting in a 0.03% decline for the 4th Quarter in the
Lake County Market.
The Lake County Home Price Index declined in the last quarter after increasing
in the previous quarter. The current record holder for consecutive declines in
the Home Price Index is Tallahassee, FL, with declines in the last 5 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 highest annual home appreciation rate in the Lake County Real Estate
Market was 23% in the twelve months ended with the 4th Quarter of 1981. The
worst annual home appreciation rate in the Lake County Market was -11% in
the twelve months ended with the 1st Quarter of 2010.
The highest home appreciation in the Lake County Real Estate Market over a
three year period was 36% in the three years ended with the 3rd Quarter of
1988. The worst home appreciation over a three year period in the Lake
County Market was -21% in the three years ended with the 1st Quarter of 2011.
This page provides a long term graph of the Lake County 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 Lake
County Home Prices will be at your fingertips when you need them.
Historical data on the Lake County Home Price Index is available back to the 1st
Quarter, of 1978. All calculations are based on the quarterly value of the House
Price Index for the Lake County 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 Lake County 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: Lake County, Illinois
The appreciation of Lake County 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 Lake County-Kenosha County, IL-WI, hereinafter referred to
as "Lake County".
Last Quarter:
During the 4th Quarter of 2012, Lake County Home Prices had a rank of 272,
with appreciation of -0.03%. 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, Lake County Home Prices had a rank of 336, with
appreciation during the year of -2.39%. 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, Lake County Home Prices
ranked 309, with a total appreciation of -25.0%. 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, Lake County Home
Prices had a rank of 347, with appreciation during the decade of -5%. 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, Lake County Home
Prices had a rank of 331, with total appreciation over the 20 year period of
45%. 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 Lake County Real
Estate Market is available back to the 1st Quarter, of 1978. All calculations are
based on the quarterly value of the House Price Index for Lake County. 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: Lake County, Illinois
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 86%
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 Lake County housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Lake County is 86%. In other words, when tested against
historical data, the forecasting methodology was correct 86% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Lake County is 86% 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 Lake
County Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 87%
The forecast for the trend in the Lake County housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Lake County is 87%. In other words, when tested against historical
data, the forecasting methodology was correct 87% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Lake County is 87% 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 Lake
County Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Lake County, Illinois
Historical Home Price Appreciation
Last Quarter -0.03%
Last Year -2.4%
Last 5 Years -25%
Last 10 Years -5%
Last 20 Years 45%
Decline From All Time High 25.40%
Annual Home Price Appreciation Rates
1983 8.57%
1984 1.68%
1985 10.01%
1986 8.08%
1987 11.25%
1988 11.02%
1989 7.27%
1990 4.78%
1991 4.36%
1992 3.03%
1993 3.12%
1994 2.94%
1995 4.24%
1996 2.65%
1997 2.86%
1998 2.99%
1999 4.69%
2000 7.18%
2001 6.14%
2002 6.40%
2003 6.47%
2004 8.08%
2005 7.12%
2006 3.17%
2007 -0.43%
2008 -6.44%
2009 -9.31%
2010 -3.62%
2011 -6.04%
2012 -2.39%
Real Estate Appreciation, Rank & Percentile
Last Quarter -0.03% Rank: 272 of 381 (28th Percentile)
Last Year . . . . . . . . . . . . . . . . -2.4% Rank: 336 of 381 (11th Percentile)
Last 5 Years -25% Rank: 309 of 381 (18th Percentile)
Last 10 Years . . . . . . . . . . . . -5% Rank: 347 of 381 (8th Percentile)
Last 20 Years 45% Rank: 331 of 368 (10th Percentile)
Decline From All Time High 25.40%
Home Price appreciation rates for Lake County-Kenosha County, IL-WI are
shown above for five time periods. For example: Lake County appreciated
-0.03% in the Last Quarter. At that rate, the Lake County Real Estate Market
was ranked 272nd out of 381 metropolitan areas for Real Estate Appreciation.
Lake County was in the 28th percentile. So Lake County, IL performed better in
the Last Quarter than 28% of the 381 metropolitan areas covered in
Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Lake County, Illinois
The data and analysis on this page pertains to Lake County-Kenosha County,
IL-WI, hereinafter referred to as "Lake County". The all time high in the Lake
County Home Price Index was 181.1 in the 1st Quarter, of 2007. The 4th
Quarter, 2012 index value was 135.1. That's a decline of 45.99 points or
25.40% below the Lake County Home Price Index all time high. The Home Price
Index indicates that the Lake County Market is down 5% over the last 10 years.
Home Prices in the Lake County Real Estate Market have lost 2.39% over the
last 12 months. Over the last thirty years, it is up 184%.
The 4th Quarter index value was 0.04 points lower than the 3rd Quarter, 2012
index value of 135.10, resulting in a 0.03% decline for the 4th Quarter in the
Lake County Market.
The Lake County Home Price Index declined in the last quarter after increasing
in the previous quarter. The current record holder for consecutive declines in
the Home Price Index is Tallahassee, FL, with declines in the last 5 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 highest annual home appreciation rate in the Lake County Real Estate
Market was 23% in the twelve months ended with the 4th Quarter of 1981. The
worst annual home appreciation rate in the Lake County Market was -11% in
the twelve months ended with the 1st Quarter of 2010.
The highest home appreciation in the Lake County Real Estate Market over a
three year period was 36% in the three years ended with the 3rd Quarter of
1988. The worst home appreciation over a three year period in the Lake
County Market was -21% in the three years ended with the 1st Quarter of 2011.
This page provides a long term graph of the Lake County 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 Lake
County Home Prices will be at your fingertips when you need them.
Historical data on the Lake County Home Price Index is available back to the 1st
Quarter, of 1978. All calculations are based on the quarterly value of the House
Price Index for the Lake County 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 Lake County 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: Lake County, Illinois
The appreciation of Lake County 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 Lake County-Kenosha County, IL-WI, hereinafter referred to
as "Lake County".
Last Quarter:
During the 4th Quarter of 2012, Lake County Home Prices had a rank of 272,
with appreciation of -0.03%. 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, Lake County Home Prices had a rank of 336, with
appreciation during the year of -2.39%. 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, Lake County Home Prices
ranked 309, with a total appreciation of -25.0%. 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, Lake County Home
Prices had a rank of 347, with appreciation during the decade of -5%. 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, Lake County Home
Prices had a rank of 331, with total appreciation over the 20 year period of
45%. 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 Lake County Real
Estate Market is available back to the 1st Quarter, of 1978. All calculations are
based on the quarterly value of the House Price Index for Lake County. 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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