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Flint, MI - House Price Index (HPI) - 31 Year Chart
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The House Price Index (HPI) shows changes in Flint, MI single family home prices in logarithmic
scale. The March, 1995 index value equals 100. Updated Thursday, April 19, 2012. Real estate
forecasts, analysis, statistics and appreciation rates are provided below.
Flint 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 10177
4th Quarter, 2011 Housing Statistics: Flint, Michigan
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 84%
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 Flint housing market for the 12 months
ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the Trend
Forecast for Flint is 84%. In other words, when tested against historical data,
the forecasting methodology was correct 84% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Flint is 84% 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 Flint Real Estate
Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 80%
The forecast for the trend in the Flint housing market for the 3 years ending
with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend Forecast for
Flint is 80%. In other words, when tested against historical data, the forecasting
methodology was correct 80% of the time. Accordingly, Forecast-Chart.com
estimates that the probability for falling house prices in Flint is 80% 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 Flint Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Flint, Michigan
Historical Home Price Appreciation
Last Quarter -1.13%
Last Year . . . . . . . . . . . . . . . . . . . . -5.7%
Last 5 Years -33%
Last 10 Years . . . . . . . . . . . . . . . . . -26%
Last 20 Years 31%
Decline From All Time High 35.71%
Annual Home Price Appreciation Rates
1982 -12.00%
1983 10.11%
1984 -0.47%
1985 4.67%
1986 6.86%
1987 2.36%
1988 5.10%
1989 5.74%
1990 5.14%
1991 4.52%
1992 4.94%
1993 2.58%
1994 6.38%
1995 9.95%
1996 8.21%
1997 6.19%
1998 4.84%
1999 4.08%
2000 6.87%
2001 5.30%
2002 3.60%
2003 3.70%
2004 3.65%
2005 2.44%
2006 -3.46%
2007 -7.86%
2008 -10.91%
2009 -11.05%
2010 -2.93%
2011 -5.66%
Real Estate Appreciation, Rank & Percentile
Last Quarter -1.13% Rank: 335 of 381 (12th Percentile)
Last Year . . . . . . . . . . . . . . . . -5.7% Rank: 320 of 381 (16th Percentile)
Last 5 Years -33% Rank: 329 of 381 (13th Percentile)
Last 10 Years . . . . . . . . . . . . -26% Rank: 380 of 381 (Bottom .20%)
Last 20 Years 31% Rank: 348 of 355 (1st Percentile)
Decline From All Time High 35.71%
Home Price appreciation rates for Flint, MI are shown above for five time
periods. For example: Flint appreciated -1.13% in the Last Quarter. At that rate,
the Flint Real Estate Market was ranked 335th out of 381 metropolitan areas for
Real Estate Appreciation. Flint was in the 12th percentile. So Flint, MI
performed better in the Last Quarter than 12% of the 381 metropolitan areas
covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Flint, Michigan
The all time high in the Flint Home Price Index was 173.6 in the 3rd Quarter, of
2005. The 4th Quarter, 2011 index value was 111.6. That's a decline of 61.98
points or 35.71% below the Flint Home Price Index all time high. The Home
Price Index indicates that the Flint Market is down 26% over the last 10 years.
Home Prices in the Flint Real Estate Market have lost 5.66% over the last 12
months. Over the last thirty years, it is up 76%.
The 4th Quarter index value was 1.28 points lower than the 3rd Quarter, 2011
index value of 112.87, resulting in a 1.13% decline for the 4th Quarter in the
Flint Market.
The Flint 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 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 Flint Real Estate Market was
24% in the twelve months ended with the 2nd Quarter of 1979. The worst
annual home appreciation rate in the Flint Market was -14% in the twelve
months ended with the 1st Quarter of 2010.
The highest home appreciation in the Flint Real Estate Market over a three
year period was 38% in the three years ended with the 3rd Quarter of 1981.
The worst home appreciation over a three year period in the Flint Market was
-29% in the three years ended with the 1st Quarter of 2010.
This page provides a long term graph of the Flint Home Price Index (above).
The house price chart has been updated through the 4th Quarter of 2011. For
more information about Flint Home Prices, look at the links under that chart.
One link opens a long term chart of historical appreciation rates for the Flint
Real Estate Market. Another opens a forecast for appreciation rates in the state
of 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 Flint Home Prices will be at your fingertips when you need them.
Historical data on the Flint Home Price Index is available back to the 4th
Quarter, of 1977. All calculations are based on the quarterly value of the House
Price Index for the Flint 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 Flint 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: Flint, Michigan
The appreciation of Flint 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, Flint Home Prices had a rank of 335, with
appreciation of -1.13%. 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, Flint Home Prices had a rank of 320, with
appreciation during the year of -5.66%. 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, Flint Home Prices ranked
329, with a total appreciation of -33.1%. 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, Flint Home Prices had a
rank of 380, with appreciation during the decade of -26%. 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, Flint Home Prices had a
rank of 348, with total appreciation over the 20 year period of 31%. 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 Flint Real Estate
Market is available back to the 4th Quarter, of 1977. All calculations are based
on the quarterly value of the House Price Index for Flint. 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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