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Parkersburg, OH - House Price Index (HPI) - 20 Year Chart
Parkersburg Real Estate Market
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The House Price Index (HPI) shows changes in Parkersburg-Marietta-Vienna, WV-OH single family
home prices in logarithmic scale. The March, 1995 index value equals 100.  Updated Tuesday, May 1,
2012. Real estate forecasts, analysis, statistics and appreciation rates are provided below.
Parkersburg Real Estate Index: 20 Year Chart
Home Values Appreciation Rate - US Cities
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Parkersburg Real Estate Market: Trend, Analysis & Statistics
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Commentary  10322
4th Quarter, 2011 Housing Statistics: Parkersburg, Ohio


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 Parkersburg housing market for the 12
months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Parkersburg 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 Parkersburg is 90% 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
Parkersburg Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      94%

The forecast for the trend in the Parkersburg housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Parkersburg is 94%. In other words, when tested against historical
data, the forecasting methodology was correct 94% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Parkersburg is 94% 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
Parkersburg Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Parkersburg, Ohio


Historical Home Price Appreciation
Last Quarter                         1.71%
Last Year                              -1.0%
Last 5 Years                         3%
Last 10 Years                       22%
Last 20 Years                       93%
Decline From All Time High   1.26%


Annual Home Price Appreciation Rates
1982        n/a
1983        n/a
1984        n/a
1985        n/a
1986        n/a
1987        n/a
1988        n/a
1989      1.53%
1990      3.86%
1991      1.21%
1992      5.12%
1993      3.17%
1994      11.11%
1995      7.00%
1996      0.87%
1997      2.84%
1998      5.02%
1999      3.48%
2000      4.30%
2001      4.48%
2002      3.08%
2003      2.80%
2004      3.85%
2005      2.72%
2006      4.17%
2007      2.03%
2008      -0.06%
2009      1.73%
2010      0.67%
2011      -1.02%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              1.71%         Rank: 50 of 381 (87th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -1.0%          Rank: 103 of 381 (73rd Percentile)
Last 5 Years                              3%              Rank: 73 of 381 (81st Percentile)
Last 10 Years  . . . . . . . . . . . .   22%            Rank: 226 of 381 (40th Percentile)
Last 20 Years                            93%            Rank: 135 of 355 (62nd Percentile)
Decline From All Time High        1.26%

Home Price appreciation rates for Parkersburg-Marietta-Vienna, WV-OH are
shown above for five time periods. For example: Parkersburg appreciated
1.71% in the Last Quarter. At that rate, the Parkersburg Real Estate Market
was ranked 50th out of 381 metropolitan areas for Real Estate Appreciation.
Parkersburg was in the 87th percentile. So Parkersburg, OH performed better
in the Last Quarter than 87% of the 381 metropolitan areas covered in
Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Parkersburg, Ohio

The data and analysis on this page pertains to Parkersburg-Marietta-Vienna,
WV-OH, hereinafter referred to as "Parkersburg". The all time high in the
Parkersburg Home Price Index was 163.9 in the 3rd Quarter, of 2009. The 4th
Quarter, 2011 index value was 161.8. That's a decline of 2.06 points or 1.26%
below the Parkersburg Home Price Index all time high.  The Home Price Index
indicates that the Parkersburg Market is up 22% over the last 10 years. Home
Prices in the Parkersburg Real Estate Market have lost 1.02% over the last 12
months.

The 4th Quarter index value was 2.72 points higher than the 3rd Quarter, 2011
index value of 159.08, resulting in a 1.71% rise in the 4th Quarter for the
Parkersburg Market.

The Parkersburg Home Price Index increased in the last quarter after falling in
the previous quarter. 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 3 consecutive 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 highest annual home appreciation rate in the Parkersburg Real Estate
Market was 11% in the twelve months ended with the 4th Quarter of 1994. The
worst annual home appreciation rate in the Parkersburg Market was -2% in the
twelve months ended with the 3rd Quarter of 1990.

The highest home appreciation in the Parkersburg Real Estate Market over a
three year period was 23% in the three years ended with the 4th Quarter of
1995. The worst home appreciation over a three year period in the Parkersburg
Market was -1% in the three years ended with the 3rd Quarter of 2011.

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

Historical data on the Parkersburg Home Price Index is available back to the 4th
Quarter, of 1988. All calculations are based on the quarterly value of the House
Price Index for the Parkersburg 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 Parkersburg 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: Parkersburg, Ohio

The appreciation of Parkersburg 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. The data and analysis on this page pertains
to Parkersburg-Marietta-Vienna, WV-OH, hereinafter referred to as
"Parkersburg".

Last Quarter:
During the 4th Quarter of 2011, Parkersburg Home Prices had a rank of 50,
with appreciation of 1.71%. 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, Parkersburg Home Prices had a rank of 103, with
appreciation during the year of -1.02%. 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, Parkersburg Home Prices
ranked 73, with a total appreciation of 3.4%. 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, Parkersburg Home
Prices had a rank of 226, with appreciation during the decade of 22%. 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, Parkersburg Home
Prices had a rank of 135, with total appreciation over the 20 year period of
93%. 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 Parkersburg Real
Estate Market is available back to the 4th Quarter, of 1988. All calculations are
based on the quarterly value of the House Price Index for Parkersburg. 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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