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Decatur, IL - House Price Index (HPI) - 22 Year Chart
Decatur Real Estate Market (IL)
100
1000
The House Price Index (HPI) shows changes in Decatur, IL single family home prices in logarithmic
scale. The March, 1995 index value equals 100.  Updated Wednesday, April 18, 2012. Real estate
forecasts, analysis, statistics and appreciation rates are provided below.
Decatur Real Estate Index: 22 Year Chart
Home Values Appreciation Rate - US Cities
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Decatur Real Estate Market: Trend, Analysis & Statistics
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Commentary  10151
4th Quarter, 2011 Housing Statistics: Decatur, Illinois


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      91%

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 Decatur housing market for the 12
months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Decatur 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 Decatur is 91% during this period. If this Housing Market Forecast is
correct, home prices will be lower in the 4th Quarter of 2012 than they were in
the 4th Quarter of 2011. Check this page each quarter for updates to the
Decatur Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      95%

The forecast for the trend in the Decatur housing market for the 3 years ending
with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend Forecast for
Decatur is 95%. In other words, when tested against historical data, the
forecasting methodology was correct 95% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Decatur is 95% during this period. If this Housing Market Forecast is correct,
home prices will be lower in the 4th Quarter of 2014 than they were in the 4th
Quarter of 2011. Check this page each quarter for updates to the Decatur Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Decatur, Illinois


Historical Home Price Appreciation
Last Quarter                                     -0.26%
Last Year . . . . . . . . . . . . . . . . . . . .  -1.8%
Last 5 Years                                     2%
Last 10 Years . . . . . . . . . . . . . . . . . 19%
Last 20 Years                                   67%
Decline From All Time High               1.76%


Annual Home Price Appreciation Rates
1982        n/a
1983        n/a
1984        n/a
1985        n/a
1986        n/a
1987      0.26%
1988      4.07%
1989      6.45%
1990      1.51%
1991      6.46%
1992      1.91%
1993      4.62%
1994      2.87%
1995      1.67%
1996      3.29%
1997      6.94%
1998      2.33%
1999      2.83%
2000      3.77%
2001      4.06%
2002      3.32%
2003      2.19%
2004      3.65%
2005      5.54%
2006      1.08%
2007      2.63%
2008      -0.17%
2009      -1.11%
2010      2.62%
2011      -1.76%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -0.26%        Rank: 269 of 381 (29th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -1.8%          Rank: 145 of 381 (62nd Percentile)
Last 5 Years                              2%              Rank: 90 of 381 (76th Percentile)
Last 10 Years  . . . . . . . . . . . .   19%            Rank: 246 of 381 (35th Percentile)
Last 20 Years                            67%            Rank: 269 of 355 (24th Percentile)
Decline From All Time High        1.76%

Home Price appreciation rates for Decatur, IL are shown above for five time
periods. For example: Decatur appreciated -0.26% in the Last Quarter. At that
rate, the Decatur Real Estate Market was ranked 269th out of 381 metropolitan
areas for Real Estate Appreciation. Decatur was in the 29th percentile. So
Decatur, IL performed better in the Last Quarter than 29% of the 381
metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Decatur, Illinois

The all time high in the Decatur Home Price Index was 154.8 in the 4th Quarter,
of 2010. The 4th Quarter, 2011 index value was 152.1. That's a decline of 2.72
points or 1.76% below the Decatur Home Price Index all time high.  The Home
Price Index indicates that the Decatur Market is up 19% over the last 10 years.
Home Prices in the Decatur Real Estate Market have lost 1.76% over the last
12 months.

The 4th Quarter index value was 0.39 points lower than the 3rd Quarter, 2011
index value of 152.50, resulting in a 0.26% decline for the 4th Quarter in the
Decatur Market.

The Decatur Home Price Index declined in the last quarter after increasing in
the previous 2 quarters. The current record holder for consecutive declines in
the Home Price Index is Las Vegas, NV, with declines in the last 20 consecutive
quarters. The current record holders for consecutive increases in the Home
Price Index are Wheeling, WV; Washington, DC; St. Cloud, MN and Grand
Forks, ND, with increases in the last 4 consecutive quarters.

The highest annual home appreciation rate in the Decatur Real Estate Market
was 7% in the twelve months ended with the 3rd Quarter of 1989. The worst
annual home appreciation rate in the Decatur Market was -3% in the twelve
months ended with the 1st Quarter of 2010.

The highest home appreciation in the Decatur Real Estate Market over a three
year period was 15% in the three years ended with the 3rd Quarter of 1991.
The worst home appreciation over a three year period in the Decatur Market
was -2% in the three years ended with the 1st Quarter of 2011.

This page provides a long term graph of the Decatur Home Price Index (above).
The house price chart has been updated through the 4th Quarter of 2011. For
more information about Decatur Home Prices, look at the links under that chart.
One link opens a long term chart of historical appreciation rates for the Decatur
Real Estate Market. Another opens a forecast for appreciation rates in the state
of 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 Decatur Home Prices will be at your fingertips when you need
them.

Historical data on the Decatur Home Price Index is available back to the 4th
Quarter, of 1986. All calculations are based on the quarterly value of the House
Price Index for the Decatur 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 Decatur 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, 2011 Housing Data: Decatur, Illinois

The appreciation of Decatur 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 2011, Decatur Home Prices had a rank of 269, with
appreciation of -0.26%. The top performing real estate market during the 4th
Quarter was Vineland, NJ, with appreciation of 6.09%. The worst market during
that period was Valdosta, GA, with appreciation of -5.24%.
The median appreciation for all cities during the 4th Quarter was 0.24%. The
average appreciation for all markets during the quarter was 0.29%.

Last Year:
During the last 12 months, Decatur Home Prices had a rank of 145, with
appreciation during the year of -1.76%. The top performing market during the
last year was Midland, TX, with appreciation of 4.7%. The worst real estate
market during that period was Carson City, NV, with appreciation of -18.1%.
The median appreciation for all markets during this period was -2.61%. The
average appreciation was -2.93%.

Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2011, Decatur Home Prices
ranked 90, with a total appreciation of 2.1%. The top performing real estate
market during the 5 year period was Midland, TX, with appreciation of 23%. The
worst market during that period was Merced, CA, with appreciation of -62%.
The median appreciation for all cities during this time period was -7%. The
average appreciation over the 5 years was -11%.

Last 10 Years:
During the 10 years ended in the 4th Quarter of 2011, Decatur Home Prices
had a rank of 246, with appreciation during the decade of 19%. The top
performing market during the period was Midland, TX, with appreciation of 92%.
The worst real estate market during the 10 year time period was Detroit, MI, with
appreciation of -29%.
The median appreciation for all markets during the last 10 years was 24%. The
average appreciation for the cities over that time frame was 25%.

Last 20 Years:
During the 20 years ended in the 4th Quarter of 2011, Decatur Home Prices
had a rank of 269, with total appreciation over the 20 year period of 67%. The
top performing real estate market during the period was Casper, WY, with
appreciation of 222%. The worst market during the last 20 years was Las
Vegas, NV, with appreciation of 5%.
The median appreciation for all cities during the last 20 years was 85%. The
average appreciation for the markets over that time frame was 87%.

Historical research data on the Home Price Index for the Decatur Real Estate
Market is available back to the 4th Quarter, of 1986. All calculations are based
on the quarterly value of the House Price Index for Decatur. 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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