| Michigan City, IN - House Price Index (HPI) - 22 Year Chart |
| Michigan City Real Estate Market Forecast |
| 100 |
| 1000 |
The House Price Index (HPI) shows changes in Michigan City-La Porte, IN 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.
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.
| Michigan City Real Estate Index: 22 Year Chart Home Values Appreciation Rate - US Cities |
| 10 |
Michigan City 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 13329
4th Quarter, 2012 Housing Statistics: Michigan City, Indiana
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 93%
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 Michigan City housing market for the
12 months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Michigan City 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 falling house
prices in Michigan City is 93% 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 Michigan City Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 92%
The forecast for the trend in the Michigan City housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Michigan City 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 falling house prices in
Michigan City is 92% 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
Michigan City Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Michigan City, Indiana
Historical Home Price Appreciation
Last Quarter 0.23%
Last Year -0.1%
Last 5 Years -7%
Last 10 Years 10%
Last 20 Years 71%
Decline From All Time High 8.81%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 n/a
1987 10.93%
1988 2.44%
1989 11.04%
1990 7.40%
1991 5.41%
1992 7.21%
1993 4.49%
1994 5.75%
1995 7.71%
1996 3.02%
1997 6.28%
1998 4.82%
1999 0.71%
2000 4.52%
2001 5.80%
2002 2.09%
2003 5.50%
2004 6.08%
2005 4.04%
2006 2.04%
2007 -0.49%
2008 -0.22%
2009 -0.81%
2010 -1.85%
2011 -3.98%
2012 -0.10%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.23% Rank: 222 of 381 (41st Percentile)
Last Year . . . . . . . . . . . . . . . . -0.1% Rank: 209 of 381 (45th Percentile)
Last 5 Years -7% Rank: 158 of 381 (58th Percentile)
Last 10 Years . . . . . . . . . . . . 10% Rank: 263 of 381 (31st Percentile)
Last 20 Years 71% Rank: 219 of 368 (40th Percentile)
Decline From All Time High 8.81%
Home Price appreciation rates for Michigan City-La Porte, IN are shown above
for five time periods. For example: Michigan City appreciated 0.23% in the Last
Quarter. At that rate, the Michigan City Real Estate Market was ranked 222nd
out of 381 metropolitan areas for Real Estate Appreciation. Michigan City was in
the 41st percentile. So Michigan City, IN performed better in the Last Quarter
than 41% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Michigan City, Indiana
The data and analysis on this page pertains to Michigan City-La Porte, IN,
hereinafter referred to as "Michigan City". The all time high in the Michigan City
Home Price Index was 168.5 in the 1st Quarter, of 2008. The 4th Quarter, 2012
index value was 153.7. That's a decline of 14.85 points or 8.81% below the
Michigan City Home Price Index all time high. The Home Price Index indicates
that the Michigan City Market is up 10% over the last 10 years. Home Prices in
the Michigan City Real Estate Market have lost 0.10% over the last 12 months.
The 4th Quarter index value was 0.36 points higher than the 3rd Quarter, 2012
index value of 153.32, resulting in a 0.23% rise in the 4th Quarter for the
Michigan City Market.
The Michigan City 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 Michigan City Real Estate
Market was 19% in the twelve months ended with the 1st Quarter of 1990. The
worst annual home appreciation rate in the Michigan City Market was -6% in the
twelve months ended with the 2nd Quarter of 2011.
The highest home appreciation in the Michigan City Real Estate Market over a
three year period was 33% in the three years ended with the 1st Quarter of
1992. The worst home appreciation over a three year period in the Michigan
City Market was -10% in the three years ended with the 2nd Quarter of 2011.
This page provides a long term graph of the Michigan City 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
Michigan City Home Prices will be at your fingertips when you need them.
Historical data on the Michigan City Home Price Index is available back to the
2nd Quarter, of 1986. All calculations are based on the quarterly value of the
House Price Index for the Michigan City 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 Michigan City 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: Michigan City, Indiana
The appreciation of Michigan City 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 Michigan City-La Porte, IN, hereinafter referred to as "Michigan
City".
Last Quarter:
During the 4th Quarter of 2012, Michigan City Home Prices had a rank of 222,
with appreciation of 0.23%. 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, Michigan City Home Prices had a rank of 209, with
appreciation during the year of -0.10%. 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, Michigan City Home
Prices ranked 158, with a total appreciation of -6.8%. 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, Michigan City Home
Prices had a rank of 263, with appreciation during the decade of 10%. 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, Michigan City Home
Prices had a rank of 219, with total appreciation over the 20 year period of
71%. 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 Michigan City 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 Michigan City. 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: Michigan City, Indiana
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 93%
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 Michigan City housing market for the
12 months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Michigan City 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 falling house
prices in Michigan City is 93% 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 Michigan City Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 92%
The forecast for the trend in the Michigan City housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Michigan City 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 falling house prices in
Michigan City is 92% 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
Michigan City Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Michigan City, Indiana
Historical Home Price Appreciation
Last Quarter 0.23%
Last Year -0.1%
Last 5 Years -7%
Last 10 Years 10%
Last 20 Years 71%
Decline From All Time High 8.81%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 n/a
1987 10.93%
1988 2.44%
1989 11.04%
1990 7.40%
1991 5.41%
1992 7.21%
1993 4.49%
1994 5.75%
1995 7.71%
1996 3.02%
1997 6.28%
1998 4.82%
1999 0.71%
2000 4.52%
2001 5.80%
2002 2.09%
2003 5.50%
2004 6.08%
2005 4.04%
2006 2.04%
2007 -0.49%
2008 -0.22%
2009 -0.81%
2010 -1.85%
2011 -3.98%
2012 -0.10%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.23% Rank: 222 of 381 (41st Percentile)
Last Year . . . . . . . . . . . . . . . . -0.1% Rank: 209 of 381 (45th Percentile)
Last 5 Years -7% Rank: 158 of 381 (58th Percentile)
Last 10 Years . . . . . . . . . . . . 10% Rank: 263 of 381 (31st Percentile)
Last 20 Years 71% Rank: 219 of 368 (40th Percentile)
Decline From All Time High 8.81%
Home Price appreciation rates for Michigan City-La Porte, IN are shown above
for five time periods. For example: Michigan City appreciated 0.23% in the Last
Quarter. At that rate, the Michigan City Real Estate Market was ranked 222nd
out of 381 metropolitan areas for Real Estate Appreciation. Michigan City was in
the 41st percentile. So Michigan City, IN performed better in the Last Quarter
than 41% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Michigan City, Indiana
The data and analysis on this page pertains to Michigan City-La Porte, IN,
hereinafter referred to as "Michigan City". The all time high in the Michigan City
Home Price Index was 168.5 in the 1st Quarter, of 2008. The 4th Quarter, 2012
index value was 153.7. That's a decline of 14.85 points or 8.81% below the
Michigan City Home Price Index all time high. The Home Price Index indicates
that the Michigan City Market is up 10% over the last 10 years. Home Prices in
the Michigan City Real Estate Market have lost 0.10% over the last 12 months.
The 4th Quarter index value was 0.36 points higher than the 3rd Quarter, 2012
index value of 153.32, resulting in a 0.23% rise in the 4th Quarter for the
Michigan City Market.
The Michigan City 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 Michigan City Real Estate
Market was 19% in the twelve months ended with the 1st Quarter of 1990. The
worst annual home appreciation rate in the Michigan City Market was -6% in the
twelve months ended with the 2nd Quarter of 2011.
The highest home appreciation in the Michigan City Real Estate Market over a
three year period was 33% in the three years ended with the 1st Quarter of
1992. The worst home appreciation over a three year period in the Michigan
City Market was -10% in the three years ended with the 2nd Quarter of 2011.
This page provides a long term graph of the Michigan City 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
Michigan City Home Prices will be at your fingertips when you need them.
Historical data on the Michigan City Home Price Index is available back to the
2nd Quarter, of 1986. All calculations are based on the quarterly value of the
House Price Index for the Michigan City 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 Michigan City 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: Michigan City, Indiana
The appreciation of Michigan City 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 Michigan City-La Porte, IN, hereinafter referred to as "Michigan
City".
Last Quarter:
During the 4th Quarter of 2012, Michigan City Home Prices had a rank of 222,
with appreciation of 0.23%. 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, Michigan City Home Prices had a rank of 209, with
appreciation during the year of -0.10%. 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, Michigan City Home
Prices ranked 158, with a total appreciation of -6.8%. 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, Michigan City Home
Prices had a rank of 263, with appreciation during the decade of 10%. 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, Michigan City Home
Prices had a rank of 219, with total appreciation over the 20 year period of
71%. 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 Michigan City 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 Michigan City. 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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