Housing Price Index Patterns by ZIP Code, Metro & State
-- tools & data to view/rank/compare metros & states 2015Q1 - 2016Q1
July 2016. Use the Housing Price Index (HPI) to examine quarterly or annual housing value change by 3 and 5-digit ZIP code, metro or state. How is housing value appreciation changing among areas of interest? The HPI is calculated in part using home sales price information from Fannie Mae- and Freddie Mac-acquired mortgages. The purchase-only HPI rose 5.7 percent from the first quarter of 2015 to the first quarter of 2016 and prices of other goods and services were nearly unchanged. The inflation-adjusted price of homes rose approximately 5.6 percent over the latest year.
Resources to analyze HPI:
use the interactive table below to view, compare, contrast HPI quarterly data
.. for each/all metros, states and U.S.
use GIS tools and data resources to visually examine and map HPI data
.. in context with other data. See details below.
Gaining Insights in Housing Prices, Conditions & Markets
.. Characteristics, Patterns & Trends
.. one hour web session -- overview & connectivity details
Visual Analysis of 2015Q1-2016Q1 HPI Patterns by Metro
The following graphic shows housing value appreciation 2015Q1-2016Q1 by metro (MSA) based on the HPI.
- view developed using CV XE GIS and related GIS project.
- Click graphic for larger view and details;
Related Housing Market Data & Analytical Resources
The HPI alone provides only partial insights -- based on this one measure. Evaluation of housing markets, and the regional economy, trends and patterns need to use the HPI in combination with many other measures.
HPI by 5-Digit ZIP Code: 2010-2015 annual
2010-2015 annual population estimates: county, metro, state, U.S.
ACS 2014 1-year demographic-economic tables: county, metro, state, U.S.
Housing Unit Time Series, Trends & Patterns
Housing market conditions
ProximityOne Data Services: access/integrate these with other data
Each data resource section has associated GIS project & datasets.
CV XE GIS software: data analytics, maps, geospatial analysis
See related Interactive Ranking Tables
Using Tools & Data Resources in this Section
Use tools in this section to examine the quarterly HPI from 2015Q1 to 2016Q1. View/rank/compare HPI trends using the interactive table (see below). Use the GIS tools to visually and geospatially analyze patterns and characteristics of interest. Members of the ProximityOne User Group may download the HPI GIS project and use this project and datasets with the CV XE GIS software. Develop variations on maps shown in this section; add your own data.
Metro Housing Market Reports
Register for information on Metro Housing Market Reports. Updated quarterly, these reports provide a comprehensive housing market assessment and outlook for the U.S. by metro with geographic drill-down (tract and ZIP code) within individual metros.
Use the interactive table below to view/rank/compare the non-seasonally adjusted "all transactions" HPI for the most recent 5 quarters for all Metropolitan Statistical Areas (MSAs), states and the U.S. The ranking table shows the latest quarterly HPI data and preceding quarters for one year earlier. This table will be updated on August 24, 2016, with 2nd quarter 2016 data and related prior quarterly estimates and re-computed quarterly change values (last column).
Housing Price Index Interactive Ranking Table - 2015Q1 - 2016Q1
Ranking Tables Main | Metros Main
Click column header to sort; click again to sort other direction.
View percent change from same quarter last year (rightmost column).
Steps to Develop Custom HPI Pattern Analysis Maps (requires Windows computer with Internet connection)
1. Install the ProximityOne CV XE GIS
... run the CV XE GIS installer
... take all defaults during installation
2. Download the HPI GIS project fileset
... requires ProximityOne User Group ID (join now)
... unzip HPI GIS project files to local folder c:\hpigis
3. Open the c:\hpigis\hpi16q1.gis project
... after completing the above steps, click File>Open>Dialog
... open the file named c:\hpigis\hpi16q1.gis
4. Done. The start-up view is shown at top of this section.
About the Housing Price Index ... scroll section
Support Using these Resources [goto top]
Learn more about demographic economic data and related analytical tools. Join us in a Data Analytics Lab session. There is no fee for these Web sessions. Each informal session is focused on a specific topic. The open structure also provides for Q&A and discussion of application issues of interest to participants.
ProximityOne User Group [goto top]
Join the ProximityOne User Group to keep up-to-date with new developments relating to geographic-demographic-economic decision-making information resources. Receive updates and access to tools and resources available only to members. Use this form to join the User Group.
Additional Information [goto top]
ProximityOne develops geographic-demographic-economic data and analytical tools and helps organizations knit together and use diverse data in a decision-making and analytical framework. We develop custom demographic/economic estimates and projections, develop geographic and geocoded address files, and assist with impact and geospatial analyses. Wide-ranging organizations use our software, data and methodologies to analyze their own data integrated with other data. Follow ProximityOne on Twitter at www.twitter.com/proximityone. Contact ProximityOne (888-364-7656) with questions about data covered in this section or to discuss custom estimates, projections or analyses for your areas of interest.