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Rocky Mount, NC - House Price Index (HPI) - 22 Year Chart
Rocky Mount Real Estate Market
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The House Price Index (HPI) shows changes in Rocky Mount, NC 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.
Rocky Mount Real Estate Index: 22 Year Chart
Home Values Appreciation Rate - US Cities
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Rocky Mount Real Estate Market: Trend, Analysis & Statistics
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Commentary  10355
4th Quarter, 2011 Housing Statistics: Rocky Mount, North Carolina


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      83%

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 Rocky Mount housing market for the
12 months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Rocky Mount is 83%. In other words, when tested against
historical data, the forecasting methodology was correct 83% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Rocky Mount is 83% 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
Rocky Mount Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      86%

The forecast for the trend in the Rocky Mount housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Rocky Mount is 86%. In other words, when tested against historical
data, the forecasting methodology was correct 86% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Rocky Mount is 86% 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
Rocky Mount Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Rocky Mount, North Carolina


Historical Home Price Appreciation
Last Quarter                         -0.69%
Last Year                              -1.0%
Last 5 Years                         -4%
Last 10 Years                       9%
Last 20 Years                       50%
Decline From All Time High   8.37%


Annual Home Price Appreciation Rates
1982        n/a
1983        n/a
1984        n/a
1985        n/a
1986      1.29%
1987      2.95%
1988      3.38%
1989      2.17%
1990      3.84%
1991      1.57%
1992      -0.04%
1993      3.72%
1994      3.13%
1995      5.18%
1996      1.74%
1997      5.82%
1998      2.69%
1999      2.29%
2000      3.22%
2001      5.23%
2002      2.73%
2003      1.05%
2004      3.07%
2005      2.50%
2006      2.92%
2007      2.09%
2008      -1.18%
2009      -0.77%
2010      -2.88%
2011      -1.03%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -0.69%        Rank: 323 of 381 (15th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -1.0%          Rank: 104 of 381 (72nd Percentile)
Last 5 Years                              -4%             Rank: 158 of 381 (58th Percentile)
Last 10 Years  . . . . . . . . . . . .   9%              Rank: 324 of 381 (15th Percentile)
Last 20 Years                            50%            Rank: 320 of 355 (9th Percentile)
Decline From All Time High        8.37%

Home Price appreciation rates for Rocky Mount, NC are shown above for five
time periods. For example: Rocky Mount appreciated -0.69% in the Last
Quarter. At that rate, the Rocky Mount Real Estate Market was ranked 323rd
out of 381 metropolitan areas for Real Estate Appreciation. Rocky Mount was in
the 15th percentile. So Rocky Mount, NC performed better in the Last Quarter
than 15% of the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Rocky Mount, North Carolina

The all time high in the Rocky Mount Home Price Index was 156.1 in the 2nd
Quarter, of 2008. The 4th Quarter, 2011 index value was 143.1. That's a
decline of 13.07 points or 8.37% below the Rocky Mount Home Price Index all
time high.  The Home Price Index indicates that the Rocky Mount Market is up
9% over the last 10 years. Home Prices in the Rocky Mount Real Estate Market
have lost 1.03% over the last 12 months.

The 4th Quarter index value was 0.99 points lower than the 3rd Quarter, 2011
index value of 144.06, resulting in a 0.69% decline for the 4th Quarter in the
Rocky Mount Market.

The Rocky Mount 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 3 consecutive quarters.

The highest annual home appreciation rate in the Rocky Mount Real Estate
Market was 7% in the twelve months ended with the 1st Quarter of 1990. The
worst annual home appreciation rate in the Rocky Mount Market was -7% in the
twelve months ended with the 1st Quarter of 2010.

The highest home appreciation in the Rocky Mount Real Estate Market over a
three year period was 16% in the three years ended with the 1st Quarter of
1998. The worst home appreciation over a three year period in the Rocky
Mount Market was -12% in the three years ended with the 2nd Quarter of 2011.

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

Historical data on the Rocky Mount 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 Rocky Mount 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 Rocky Mount 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: Rocky Mount, North Carolina

The appreciation of Rocky Mount 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, Rocky Mount Home Prices had a rank of 323,
with appreciation of -0.69%. 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, Rocky Mount Home Prices had a rank of 104, with
appreciation during the year of -1.03%. 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, Rocky Mount Home
Prices ranked 158, with a total appreciation of -3.8%. 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, Rocky Mount Home
Prices had a rank of 324, with appreciation during the decade of 9%. 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, Rocky Mount Home
Prices had a rank of 320, with total appreciation over the 20 year period of
50%. 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 Rocky Mount 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 Rocky Mount. 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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