| Rockford, IL - House Price Index (HPI) - 30 Year Chart |
| Rockford Real Estate Market Forecast |
| 100 |
| 1000 |
The House Price Index (HPI) shows changes in Rockford, IL 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.
scale. The March, 1995 index value equals 100. Updated Friday, December 28, 2012. See real estate
forecasts, analysis, statistics and appreciation rates below.
| Rockford Real Estate Index: 30 Year Chart Home Values Appreciation Rate - US Cities |
| 10 |
Rockford 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 13401
4th Quarter, 2012 Housing Statistics: Rockford, Illinois
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 90%
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 Rockford housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Rockford is 90%. In other words, when tested against
historical data, the forecasting methodology was correct 90% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Rockford is 90% 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
Rockford Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 81%
The forecast for the trend in the Rockford housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Rockford 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
Rockford 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 Rockford
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Rockford, Illinois
Historical Home Price Appreciation
Last Quarter -0.04%
Last Year -3.7%
Last 5 Years -17%
Last 10 Years 2%
Last 20 Years 38%
Decline From All Time High 18.37%
Annual Home Price Appreciation Rates
1983 -1.22%
1984 3.83%
1985 0.82%
1986 4.39%
1987 3.90%
1988 4.66%
1989 5.44%
1990 5.02%
1991 4.74%
1992 3.90%
1993 3.62%
1994 4.59%
1995 5.36%
1996 1.86%
1997 2.54%
1998 1.65%
1999 1.37%
2000 3.43%
2001 3.25%
2002 3.11%
2003 5.30%
2004 5.53%
2005 6.25%
2006 4.14%
2007 0.72%
2008 -2.11%
2009 -4.53%
2010 -3.28%
2011 -5.11%
2012 -3.69%
Real Estate Appreciation, Rank & Percentile
Last Quarter -0.04% Rank: 274 of 381 (28th Percentile)
Last Year . . . . . . . . . . . . . . . . -3.7% Rank: 365 of 381 (4th Percentile)
Last 5 Years -17% Rank: 266 of 381 (30th Percentile)
Last 10 Years . . . . . . . . . . . . 2% Rank: 318 of 381 (16th Percentile)
Last 20 Years 38% Rank: 347 of 368 (5th Percentile)
Decline From All Time High 18.37%
Home Price appreciation rates for Rockford, IL are shown above for five time
periods. For example: Rockford appreciated -0.04% in the Last Quarter. At that
rate, the Rockford Real Estate Market was ranked 274th out of 381
metropolitan areas for Real Estate Appreciation. Rockford was in the 28th
percentile. So Rockford, 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: Rockford, Illinois
The all time high in the Rockford Home Price Index was 153.3 in the 2nd
Quarter, of 2007. The 4th Quarter, 2012 index value was 125.1. That's a
decline of 28.15 points or 18.37% below the Rockford Home Price Index all time
high. The Home Price Index indicates that the Rockford Market is up 2% over
the last 10 years. Home Prices in the Rockford Real Estate Market have lost
3.69% over the last 12 months. Over the last thirty years, it is up 96%.
The 4th Quarter index value was 0.05 points lower than the 3rd Quarter, 2012
index value of 125.18, resulting in a 0.04% decline for the 4th Quarter in the
Rockford Market.
The Rockford 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 Rockford Real Estate Market
was 13% in the twelve months ended with the 3rd Quarter of 1979. The worst
annual home appreciation rate in the Rockford Market was -7% in the twelve
months ended with the 4th Quarter of 1982.
The highest home appreciation in the Rockford Real Estate Market over a three
year period was 19% in the three years ended with the 4th Quarter of 1981.
The worst home appreciation over a three year period in the Rockford Market
was -16% in the three years ended with the 2nd Quarter of 2011.
This page provides a long term graph of the Rockford 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
Rockford Home Prices will be at your fingertips when you need them.
Historical data on the Rockford Home Price Index is available back to the 3rd
Quarter, of 1978. All calculations are based on the quarterly value of the House
Price Index for the Rockford 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 Rockford 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: Rockford, Illinois
The appreciation of Rockford 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, Rockford Home Prices had a rank of 274, with
appreciation of -0.04%. 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, Rockford Home Prices had a rank of 365, with
appreciation during the year of -3.69%. 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, Rockford Home Prices
ranked 266, with a total appreciation of -17.4%. 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, Rockford Home Prices
had a rank of 318, with appreciation during the decade of 2%. 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, Rockford Home Prices
had a rank of 347, with total appreciation over the 20 year period of 38%. 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 Rockford Real Estate
Market is available back to the 3rd Quarter, of 1978. All calculations are based
on the quarterly value of the House Price Index for Rockford. 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: Rockford, Illinois
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 90%
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 Rockford housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Rockford is 90%. In other words, when tested against
historical data, the forecasting methodology was correct 90% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Rockford is 90% 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
Rockford Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 81%
The forecast for the trend in the Rockford housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Rockford 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
Rockford 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 Rockford
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Rockford, Illinois
Historical Home Price Appreciation
Last Quarter -0.04%
Last Year -3.7%
Last 5 Years -17%
Last 10 Years 2%
Last 20 Years 38%
Decline From All Time High 18.37%
Annual Home Price Appreciation Rates
1983 -1.22%
1984 3.83%
1985 0.82%
1986 4.39%
1987 3.90%
1988 4.66%
1989 5.44%
1990 5.02%
1991 4.74%
1992 3.90%
1993 3.62%
1994 4.59%
1995 5.36%
1996 1.86%
1997 2.54%
1998 1.65%
1999 1.37%
2000 3.43%
2001 3.25%
2002 3.11%
2003 5.30%
2004 5.53%
2005 6.25%
2006 4.14%
2007 0.72%
2008 -2.11%
2009 -4.53%
2010 -3.28%
2011 -5.11%
2012 -3.69%
Real Estate Appreciation, Rank & Percentile
Last Quarter -0.04% Rank: 274 of 381 (28th Percentile)
Last Year . . . . . . . . . . . . . . . . -3.7% Rank: 365 of 381 (4th Percentile)
Last 5 Years -17% Rank: 266 of 381 (30th Percentile)
Last 10 Years . . . . . . . . . . . . 2% Rank: 318 of 381 (16th Percentile)
Last 20 Years 38% Rank: 347 of 368 (5th Percentile)
Decline From All Time High 18.37%
Home Price appreciation rates for Rockford, IL are shown above for five time
periods. For example: Rockford appreciated -0.04% in the Last Quarter. At that
rate, the Rockford Real Estate Market was ranked 274th out of 381
metropolitan areas for Real Estate Appreciation. Rockford was in the 28th
percentile. So Rockford, 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: Rockford, Illinois
The all time high in the Rockford Home Price Index was 153.3 in the 2nd
Quarter, of 2007. The 4th Quarter, 2012 index value was 125.1. That's a
decline of 28.15 points or 18.37% below the Rockford Home Price Index all time
high. The Home Price Index indicates that the Rockford Market is up 2% over
the last 10 years. Home Prices in the Rockford Real Estate Market have lost
3.69% over the last 12 months. Over the last thirty years, it is up 96%.
The 4th Quarter index value was 0.05 points lower than the 3rd Quarter, 2012
index value of 125.18, resulting in a 0.04% decline for the 4th Quarter in the
Rockford Market.
The Rockford 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 Rockford Real Estate Market
was 13% in the twelve months ended with the 3rd Quarter of 1979. The worst
annual home appreciation rate in the Rockford Market was -7% in the twelve
months ended with the 4th Quarter of 1982.
The highest home appreciation in the Rockford Real Estate Market over a three
year period was 19% in the three years ended with the 4th Quarter of 1981.
The worst home appreciation over a three year period in the Rockford Market
was -16% in the three years ended with the 2nd Quarter of 2011.
This page provides a long term graph of the Rockford 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
Rockford Home Prices will be at your fingertips when you need them.
Historical data on the Rockford Home Price Index is available back to the 3rd
Quarter, of 1978. All calculations are based on the quarterly value of the House
Price Index for the Rockford 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 Rockford 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: Rockford, Illinois
The appreciation of Rockford 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, Rockford Home Prices had a rank of 274, with
appreciation of -0.04%. 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, Rockford Home Prices had a rank of 365, with
appreciation during the year of -3.69%. 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, Rockford Home Prices
ranked 266, with a total appreciation of -17.4%. 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, Rockford Home Prices
had a rank of 318, with appreciation during the decade of 2%. 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, Rockford Home Prices
had a rank of 347, with total appreciation over the 20 year period of 38%. 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 Rockford Real Estate
Market is available back to the 3rd Quarter, of 1978. All calculations are based
on the quarterly value of the House Price Index for Rockford. 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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