Hinesville, GA - House Price Index (HPI)
Hinesville Real Estate Market Forecast
The House Price Index (HPI) shows changes in Hinesville-Fort Stewart, GA single family home prices
in
logarithmic scale. The March, 1995 index value equals 100.  Real estate forecasts, analysis,
statistics and appreciation rates are provided below.
Hinesville Real Estate Market: Trend Outlook, Analysis & Statistics
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Commentary  2639.56
3rd Quarter, 2018 Housing Statistics: Hinesville, Georgia


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      65%

LittleBigHomes.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 Hinesville housing market for the 12
months ending with the 3rd Quarter of 2019 is DOWN. The Accuracy of the
Trend Projection for Hinesville is 65%. In other words, when tested against
historical data, the forecasting methodology was correct 65% of the time.
Accordingly, LittleBigHomes.com estimates that the probability for falling house
prices in Hinesville is 65% during this period. If this Housing Market Forecast is
correct, home prices will be lower in the 3rd Quarter of 2019 than they were in
the 3rd Quarter of 2018. Check this page each quarter for updates to the
Hinesville Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      60%

The forecast for the trend in the Hinesville housing market for the 3 years
ending with the 3rd Quarter of 2021 is DOWN. The Accuracy of the Trend
Prediction for Hinesville is 60%. In other words, when tested against historical
data, the forecasting methodology was correct 60% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for falling house prices in
Hinesville is 60% during this period. If this Housing Market Forecast is correct,
home values will be lower in the 3rd Quarter of 2021 than they were in the 3rd
Quarter of 2018. Check this page each quarter for updates to the Hinesville
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2018 Housing Data: Hinesville, Georgia


Historical Home Price Appreciation
Last Quarter                                     -2.20%
Last Year . . . . . . . . . . . . . . . . . . . .  -4.9%
Last 5 Years                                     3%
Last 10 Years . . . . . . . . . . . . . . . . . -9%
Last 20 Years                                   
Decline From All Time High               11.99%


Annual Home Price Appreciation Rates
1988        n/a
1989        n/a
1990        n/a
1991        n/a
1992        n/a
1993        n/a
1994        n/a
1995        n/a
1996        n/a
1997        n/a
1998        n/a
1999        n/a
2000        n/a
2001      -2.60%
2002      3.53%
2003      5.18%
2004      8.10%
2005      16.34%
2006      4.91%
2007      4.77%
2008      2.41%
2009      -3.52%
2010      -4.88%
2011      -6.57%
2012      0.79%
2013      6.41%
2014      -8.31%
2015      2.00%
2016      1.86%
2017      0.70%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -2.20%        Rank: 366 of 381 (3rd Percentile)
Last Year  . . . . . . . . . . . . . . . .  -4.9%          Rank: 380 of 381 (Bottom .20%)
Last 5 Years                              3%              Rank: 370 of 381 (2nd Percentile)
Last 10 Years  . . . . . . . . . . . .   -9%            Rank: 374 of 381 (1st Percentile)

Decline From All Time High        11.99%

The change in home prices for Hinesville, GA are shown above for five time
periods. For example: Hinesville appreciated -2.20% in the Last Quarter. At that
rate, the Hinesville Real Estate Market was ranked 366th out of 381
metropolitan Real Estate Markets. Hinesville was in the 3rd percentile. So
Hinesville, GA performed better in the Last Quarter than 3% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2018 Housing Statistics: Hinesville, Georgia

The data and analysis on this page pertains to Hinesville, GA, hereinafter
referred to as "Hinesville". The all time high in the Hinesville Home Price Index
was 183.2 in the 2nd Quarter, of 2008. The 3rd Quarter, 2018 index value was
161.3. That's a decline of 21.96 points or 11.99% below the Hinesville Home
Price Index all time high.  The Home Price Index indicates that the Hinesville
Market is down 9% over the last 10 years. Home Prices in the Hinesville Real
Estate Market have lost 4.85% over the last 12 months.

The 3rd Quarter index value was 3.62 points lower than the 2nd Quarter, 2018
index value of 164.87, resulting in a 2.20% decline for the 3rd Quarter in the
Hinesville Market.

The Hinesville Home Price Index declined in the last quarter after increasing in
the previous quarter. The current record holders for consecutive declines in the
Home Price Index are Winchester, VA; Trenton, NJ; Peoria, IL; Great Falls, MT
and Fayetteville, NC, with declines in the last 2 consecutive quarters. The
current record holders for consecutive increases in the Home Price Index are
Phoenix, AZ; Houston, TX and Boise City, ID, with increases in the last 29
consecutive quarters.

The highest annual change in the value of houses in the Hinesville Real Estate
Market was 17% in the twelve months ended with the 2nd Quarter of 2005. The
worst annual change in home values  in the Hinesville Market was -12% in the
twelve months ended with the 3rd Quarter of 2011.

The highest growth in home values in the Hinesville Real Estate Market over a
three year period was 37% in the three years ended with the 3rd Quarter of
2006. The worst performance over a three year period in the Hinesville Market
was -19% in the three years ended with the 1st Quarter of 2012.

This page provides a long term graph of the Hinesville Home Price Index
(above). For information about Georgia home values, click Real Estate Market
Forecasts in the navigation bar at the top of this page.  You'll see long term
charts and analysis that will provide tremendous insight into the historical trends
of residential property values. Bookmark this page! Then LittleBigHomes.com's
detailed research and statistics about Hinesville Home Prices will be at your
fingertips when you need them.

All calculations are based on the quarterly value of the House Price Index for
the Hinesville 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 Hinesville 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
3rd Quarter, 2018 Housing Data: Hinesville, Georgia

The trend of Hinesville 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 Hinesville, GA, hereinafter referred to as "Hinesville".

Last Quarter:
During the 3rd Quarter of 2018, Hinesville Home Prices had a rank of 366, with
appreciation of -2.20%. The top performing real estate market during the 3rd
Quarter was Sumter, SC, with a rise of 13.55%. The worst market during that
period was Cumberland, MD, with appreciation of -5.75%.
The median for all cities during the 3rd Quarter was 1.57%. The average for all
markets during the quarter was 1.54%.

Last Year:
During the last 12 months, Hinesville Home Prices had a rank of 380, with
appreciation during the year of -4.85%. The top performing market during the
last year was Las Vegas, NV, with an increase of 18.1%. The worst real estate
market during that period was Cumberland, MD, with appreciation of -5.6%.
The median for all markets during this period was 6.14%. The average was
6.07%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2018, Hinesville Home Prices
ranked 370, with a total appreciation of 3.1%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 81%.
The worst market during that period was Jacksonville, NC, with appreciation of
-2%.
The median for all cities during this time period was 24%. The average over the
5 years was 28%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2018, Hinesville Home Prices
had a rank of 374, with appreciation during the decade of -9%. The top
performing market during the period was Denver, CO, with a rise of 83%. The
worst real estate market during the 10 year time period was Vineland, NJ, with
appreciation of -19%.
The median for all markets during the last 10 years was 18%. The average for
the cities over that time frame was 20%.

Last 20 Years:
Twenty year data is not available
The median for all cities during the last 20 years was 83%. The average for the
markets over that time frame was 92%.

Historical research data on the Home Price Index for the Hinesville Real Estate
Market is available back to the 1st Quarter, of 2001. All calculations are based
on the quarterly value of the House Price Index for Hinesville. Real estate
appreciation figures represent total net increase or decrease over each time
period. (Unless specifically stated, the figures do not represent annual or
quarterly rates of change.)



Data Source for Commentary & Charts: Federal Housing Finance Agency
Updated Monday, December 31, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.





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