Terre Haute, IN - House Price Index (HPI) - 16 Year Chart
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Terre Haute Real Estate Market Forecast
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The House Price Index (HPI) shows changes in Terre Haute, IN single family home prices in
logarithmic scale. The March, 1995 index value equals 100. Updated Saturday, December 29, 2012.
See real estate forecasts, analysis, statistics and appreciation rates below.
Terre Haute 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 13450
4th Quarter, 2012 Housing Statistics: Terre Haute, Indiana
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 76%
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 Terre Haute housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Terre Haute is 76%. In other words, when tested against historical
data, the forecasting methodology was correct 76% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Terre Haute is 76% 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 Terre
Haute Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 79%
The forecast for the trend in the Terre Haute housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Terre Haute is 79%. In other words, when tested against historical data, the
forecasting methodology was correct 79% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Terre Haute is 79% 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 Terre
Haute Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Terre Haute, Indiana
Historical Home Price Appreciation
Last Quarter -0.08%
Last Year 0.0%
Last 5 Years -1%
Last 10 Years 10%
Last 20 Years 60%
Decline From All Time High 3.62%
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 n/a
1993 8.28%
1994 10.15%
1995 0.76%
1996 1.16%
1997 5.36%
1998 3.21%
1999 2.38%
2000 0.52%
2001 4.87%
2002 2.13%
2003 3.50%
2004 5.02%
2005 0.95%
2006 3.90%
2007 -2.71%
2008 -1.52%
2009 1.45%
2010 -0.30%
2011 -0.55%
2012 0.01%
Real Estate Appreciation, Rank & Percentile
Last Quarter -0.08% Rank: 281 of 381 (26th Percentile)
Last Year . . . . . . . . . . . . . . . . 0.0% Rank: 205 of 381 (46th Percentile)
Last 5 Years -1% Rank: 95 of 381 (75th Percentile)
Last 10 Years . . . . . . . . . . . . 10% Rank: 269 of 381 (29th Percentile)
Last 20 Years 60% Rank: 274 of 368 (25th Percentile)
Decline From All Time High 3.62%
Home Price appreciation rates for Terre Haute, IN are shown above for five time
periods. For example: Terre Haute appreciated -0.08% in the Last Quarter. At
that rate, the Terre Haute Real Estate Market was ranked 281st out of 381
metropolitan areas for Real Estate Appreciation. Terre Haute was in the 26th
percentile. So Terre Haute, IN performed better in the Last Quarter than 26% of
the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Terre Haute, Indiana
The all time high in the Terre Haute Home Price Index was 147.7 in the 4th
Quarter, of 2006. The 4th Quarter, 2012 index value was 142.4. That's a
decline of 5.35 points or 3.62% below the Terre Haute Home Price Index all time
high. The Home Price Index indicates that the Terre Haute Market is up 10%
over the last 10 years. Home prices in the Terre Haute Real Estate Market have
gained 0.01% over the last 12 months.
The 4th Quarter index value was 0.12 points lower than the 3rd Quarter, 2012
index value of 142.51, resulting in a 0.08% decline for the 4th Quarter in the
Terre Haute Market.
The Terre Haute Home Price Index has declined for the last 2 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
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 Terre Haute Real Estate
Market was 10% in the twelve months ended with the 4th Quarter of 1994. The
worst annual home appreciation rate in the Terre Haute Market was -4% in the
twelve months ended with the 1st Quarter of 2010.
The highest home appreciation in the Terre Haute Real Estate Market over a
three year period was 20% in the three years ended with the 4th Quarter of
1995. The worst home appreciation over a three year period in the Terre Haute
Market was -5% in the three years ended with the 1st Quarter of 2011.
This page provides a long term graph of the Terre Haute 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 Terre
Haute Home Prices will be at your fingertips when you need them.
Historical data on the Terre Haute Home Price Index is available back to the 3rd
Quarter, of 1992. All calculations are based on the quarterly value of the House
Price Index for the Terre Haute 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 Terre Haute 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: Terre Haute, Indiana
The appreciation of Terre Haute 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, Terre Haute Home Prices had a rank of 281,
with appreciation of -0.08%. 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, Terre Haute Home Prices had a rank of 205, with
appreciation during the year of 0.01%. 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, Terre Haute Home Prices
ranked 95, with a total appreciation of -0.9%. 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, Terre Haute Home
Prices had a rank of 269, 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, Terre Haute Home
Prices had a rank of 274, with total appreciation over the 20 year period of
60%. 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 Terre Haute Real
Estate Market is available back to the 3rd Quarter, of 1992. All calculations are
based on the quarterly value of the House Price Index for Terre Haute. 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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