| Battle Creek, MI - House Price Index (HPI) - 22 Year Chart |
| Battle Creek Real Estate Market & Home Price Forecast |
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The House Price Index (HPI) shows changes in Battle Creek, MI single family home prices in
logarithmic scale. The March, 1995 index value equals 100. Updated Friday, December 21, 2012.
See real estate forecasts, analysis, statistics and appreciation rates below.
logarithmic scale. The March, 1995 index value equals 100. Updated Friday, December 21, 2012.
See real estate forecasts, analysis, statistics and appreciation rates below.
| Battle Creek Real Estate Index: 22 Year Chart Home Values Appreciation Rate - US Cities |
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Battle Creek Real Estate Market: Trend, Analysis & Statistics
1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010
Commentary 13136
4th Quarter, 2012 Housing Statistics: Battle Creek, Michigan
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 Battle Creek housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Battle Creek 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 Battle Creek 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 Battle
Creek Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 91%
The forecast for the trend in the Battle Creek housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Battle Creek is 91%. In other words, when tested against historical
data, the forecasting methodology was correct 91% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Battle Creek is 91% 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 Battle
Creek Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Battle Creek, Michigan
Historical Home Price Appreciation
Last Quarter -0.31%
Last Year . . . . . . . . . . . . . . . . . . . . -4.4%
Last 5 Years -15%
Last 10 Years . . . . . . . . . . . . . . . . . -9%
Last 20 Years 59%
Decline From All Time High 19.29%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 n/a
1987 3.01%
1988 2.91%
1989 15.07%
1990 3.89%
1991 3.69%
1992 4.64%
1993 3.39%
1994 8.06%
1995 7.13%
1996 8.29%
1997 6.35%
1998 5.30%
1999 6.59%
2000 3.40%
2001 5.10%
2002 3.57%
2003 5.08%
2004 4.54%
2005 2.93%
2006 -0.67%
2007 -4.78%
2008 -4.52%
2009 -6.23%
2010 0.07%
2011 -0.37%
2012 -4.38%
Real Estate Appreciation, Rank & Percentile
Last Quarter -0.31% Rank: 307 of 381 (19th Percentile)
Last Year . . . . . . . . . . . . . . . . -4.4% Rank: 372 of 381 (2nd Percentile)
Last 5 Years -15% Rank: 238 of 381 (37th Percentile)
Last 10 Years . . . . . . . . . . . . -9% Rank: 357 of 381 (6th Percentile)
Last 20 Years 59% Rank: 279 of 368 (24th Percentile)
Decline From All Time High 19.29%
Home Price appreciation rates for Battle Creek, MI are shown above for five
time periods. For example: Battle Creek appreciated -0.31% in the Last
Quarter. At that rate, the Battle Creek Real Estate Market was ranked 307th out
of 381 metropolitan areas for Real Estate Appreciation. Battle Creek was in the
19th percentile. So Battle Creek, MI performed better in the Last Quarter than
19% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Battle Creek, Michigan
The all time high in the Battle Creek Home Price Index was 177.3 in the 2nd
Quarter, of 2006. The 4th Quarter, 2012 index value was 143.1. That's a
decline of 34.19 points or 19.29% below the Battle Creek Home Price Index all
time high. The Home Price Index indicates that the Battle Creek Market is down
9% over the last 10 years. Home Prices in the Battle Creek Real Estate Market
have lost 4.38% over the last 12 months.
The 4th Quarter index value was 0.45 points lower than the 3rd Quarter, 2012
index value of 143.54, resulting in a 0.31% decline for the 4th Quarter in the
Battle Creek Market.
The Battle Creek 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 Battle Creek Real Estate
Market was 15% in the twelve months ended with the 4th Quarter of 1989. The
worst annual home appreciation rate in the Battle Creek Market was -11% in the
twelve months ended with the 1st Quarter of 2010.
The highest home appreciation in the Battle Creek Real Estate Market over a
three year period was 28% in the three years ended with the 3rd Quarter of
1989. The worst home appreciation over a three year period in the Battle Creek
Market was -17% in the three years ended with the 1st Quarter of 2010.
This page provides a long term graph of the Battle Creek Home Price Index
(above). For information about Michigan home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
Michigan. Another link opens the home price index chart for Michigan. 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 Battle
Creek Home Prices will be at your fingertips when you need them.
Historical data on the Battle Creek 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 Battle Creek 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 Battle Creek 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: Battle Creek, Michigan
The appreciation of Battle Creek 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, Battle Creek Home Prices had a rank of 307,
with appreciation of -0.31%. 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, Battle Creek Home Prices had a rank of 372, with
appreciation during the year of -4.38%. 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, Battle Creek Home Prices
ranked 238, with a total appreciation of -14.6%. 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, Battle Creek Home
Prices had a rank of 357, with appreciation during the decade of -9%. 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, Battle Creek Home
Prices had a rank of 279, with total appreciation over the 20 year period of
59%. 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 Battle Creek 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 Battle Creek. 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: Battle Creek, Michigan
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 Battle Creek housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Battle Creek 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 Battle Creek 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 Battle
Creek Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 91%
The forecast for the trend in the Battle Creek housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Battle Creek is 91%. In other words, when tested against historical
data, the forecasting methodology was correct 91% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Battle Creek is 91% 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 Battle
Creek Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Battle Creek, Michigan
Historical Home Price Appreciation
Last Quarter -0.31%
Last Year . . . . . . . . . . . . . . . . . . . . -4.4%
Last 5 Years -15%
Last 10 Years . . . . . . . . . . . . . . . . . -9%
Last 20 Years 59%
Decline From All Time High 19.29%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 n/a
1987 3.01%
1988 2.91%
1989 15.07%
1990 3.89%
1991 3.69%
1992 4.64%
1993 3.39%
1994 8.06%
1995 7.13%
1996 8.29%
1997 6.35%
1998 5.30%
1999 6.59%
2000 3.40%
2001 5.10%
2002 3.57%
2003 5.08%
2004 4.54%
2005 2.93%
2006 -0.67%
2007 -4.78%
2008 -4.52%
2009 -6.23%
2010 0.07%
2011 -0.37%
2012 -4.38%
Real Estate Appreciation, Rank & Percentile
Last Quarter -0.31% Rank: 307 of 381 (19th Percentile)
Last Year . . . . . . . . . . . . . . . . -4.4% Rank: 372 of 381 (2nd Percentile)
Last 5 Years -15% Rank: 238 of 381 (37th Percentile)
Last 10 Years . . . . . . . . . . . . -9% Rank: 357 of 381 (6th Percentile)
Last 20 Years 59% Rank: 279 of 368 (24th Percentile)
Decline From All Time High 19.29%
Home Price appreciation rates for Battle Creek, MI are shown above for five
time periods. For example: Battle Creek appreciated -0.31% in the Last
Quarter. At that rate, the Battle Creek Real Estate Market was ranked 307th out
of 381 metropolitan areas for Real Estate Appreciation. Battle Creek was in the
19th percentile. So Battle Creek, MI performed better in the Last Quarter than
19% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Battle Creek, Michigan
The all time high in the Battle Creek Home Price Index was 177.3 in the 2nd
Quarter, of 2006. The 4th Quarter, 2012 index value was 143.1. That's a
decline of 34.19 points or 19.29% below the Battle Creek Home Price Index all
time high. The Home Price Index indicates that the Battle Creek Market is down
9% over the last 10 years. Home Prices in the Battle Creek Real Estate Market
have lost 4.38% over the last 12 months.
The 4th Quarter index value was 0.45 points lower than the 3rd Quarter, 2012
index value of 143.54, resulting in a 0.31% decline for the 4th Quarter in the
Battle Creek Market.
The Battle Creek 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 Battle Creek Real Estate
Market was 15% in the twelve months ended with the 4th Quarter of 1989. The
worst annual home appreciation rate in the Battle Creek Market was -11% in the
twelve months ended with the 1st Quarter of 2010.
The highest home appreciation in the Battle Creek Real Estate Market over a
three year period was 28% in the three years ended with the 3rd Quarter of
1989. The worst home appreciation over a three year period in the Battle Creek
Market was -17% in the three years ended with the 1st Quarter of 2010.
This page provides a long term graph of the Battle Creek Home Price Index
(above). For information about Michigan home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
Michigan. Another link opens the home price index chart for Michigan. 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 Battle
Creek Home Prices will be at your fingertips when you need them.
Historical data on the Battle Creek 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 Battle Creek 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 Battle Creek 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: Battle Creek, Michigan
The appreciation of Battle Creek 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, Battle Creek Home Prices had a rank of 307,
with appreciation of -0.31%. 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, Battle Creek Home Prices had a rank of 372, with
appreciation during the year of -4.38%. 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, Battle Creek Home Prices
ranked 238, with a total appreciation of -14.6%. 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, Battle Creek Home
Prices had a rank of 357, with appreciation during the decade of -9%. 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, Battle Creek Home
Prices had a rank of 279, with total appreciation over the 20 year period of
59%. 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 Battle Creek 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 Battle Creek. 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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