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State College, PA - House Price Index (HPI) - 19 Year Chart
State College Real Estate Market
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The House Price Index (HPI) shows changes in State College, PA single family home prices in
logarithmic scale. The March, 1995 index value equals 100.  Updated Tuesday, March 27, 2012. Real
estate forecasts, analysis, statistics and appreciation rates are provided below.
State College Real Estate Index: 19 Year Chart
Home Values Appreciation Rate - US Cities
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State College Real Estate Market: Trend, Analysis & Statistics
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Commentary  10395
4th Quarter, 2011 Housing Statistics: State College, Pennsylvania


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      89%

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 State College housing market for the
12 months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for State College is 89%. In other words, when tested against
historical data, the forecasting methodology was correct 89% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in State College is 89% 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 State College Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      95%

The forecast for the trend in the State College housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for State College 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 State College 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 State College Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: State College, Pennsylvania


Historical Home Price Appreciation
Last Quarter                         0.78%
Last Year                              -0.8%
Last 5 Years                         8%
Last 10 Years                       45%
Last 20 Years                       102%
Decline From All Time High   0.84%


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        n/a
1990      -1.88%
1991      9.87%
1992      3.09%
1993      4.02%
1994      2.73%
1995      2.76%
1996      1.07%
1997      4.76%
1998      2.57%
1999      2.55%
2000      4.14%
2001      6.06%
2002      3.97%
2003      5.46%
2004      7.60%
2005      8.48%
2006      4.73%
2007      5.49%
2008      3.07%
2009      -0.91%
2010      1.13%
2011      -0.84%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.78%         Rank: 114 of 381 (70th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -0.8%          Rank: 95 of 381 (75th Percentile)
Last 5 Years                              8%              Rank: 19 of 381 (95th Percentile)
Last 10 Years  . . . . . . . . . . . .   45%            Rank: 48 of 381 (87th Percentile)
Last 20 Years                            102%          Rank: 101 of 355 (71st Percentile)
Decline From All Time High        0.84%

Home Price appreciation rates for State College, PA are shown above for five
time periods. For example: State College appreciated 0.78% in the Last
Quarter. At that rate, the State College Real Estate Market was ranked 114th
out of 381 metropolitan areas for Real Estate Appreciation. State College was
in the 70th percentile. So State College, PA performed better in the Last
Quarter than 70% of the 381 metropolitan areas covered in
Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: State College, Pennsylvania

The all time high in the State College Home Price Index was 188.5 in the 4th
Quarter, of 2010. The 4th Quarter, 2011 index value was 186.9. That's a
decline of 1.58 points or 0.84% below the State College Home Price Index all
time high.  The Home Price Index indicates that the State College Market is up
45% over the last 10 years. Home Prices in the State College Real Estate
Market have lost 0.84% over the last 12 months.

The 4th Quarter index value was 1.45 points higher than the 3rd Quarter, 2011
index value of 185.47, resulting in a 0.78% rise in the 4th Quarter for the State
College Market.

The State College 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 State College Real Estate
Market was 10% in the twelve months ended with the 3rd Quarter of 2005. The
worst annual home appreciation rate in the State College Market was -2% in the
twelve months ended with the 1st Quarter of 1995.

The highest home appreciation in the State College Real Estate Market over a
three year period was 25% in the three years ended with the 2nd Quarter of
2006. The worst home appreciation over a three year period in the State
College Market was -1% in the three years ended with the 4th Quarter of 2011.

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

Historical data on the State College Home Price Index is available back to the
2nd Quarter, of 1989. All calculations are based on the quarterly value of the
House Price Index for the State College 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 State College 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: State College, Pennsylvania

The appreciation of State College 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, State College Home Prices had a rank of 114,
with appreciation of 0.78%. 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, State College Home Prices had a rank of 95, with
appreciation during the year of -0.84%. 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, State College Home
Prices ranked 19, with a total appreciation of 8.0%. 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, State College Home
Prices had a rank of 48, with appreciation during the decade of 45%. 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, State College Home
Prices had a rank of 101, with total appreciation over the 20 year period of
102%. 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 State College Real
Estate Market is available back to the 2nd Quarter, of 1989. All calculations are
based on the quarterly value of the House Price Index for State College. 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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